Tranche B-1 Loans definition

Tranche B-1 Loans as defined in Section 2.1(c)(ii).
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Tranche B-1 Loans means the Loans made by the Lenders to the Borrower pursuant to Section 2.01(b) and with respect to which the Lender holding such Loans on the Amendment No. 1 Effective Date shall have executed Amendment No. 1.
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Tranche B-1 Loans as defined in the preamble. The aggregate outstanding principal amount of Tranche B-1 Loans on the Restatement Effective Date is $237,718,750.00.
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Examples of Tranche B-1 Loans in a sentence

  • The Tranche B-1 Loans shall constitute a separate Class of Term Loans under the Credit Agreement, distinct from the Class of Term Loans made by the Lenders on the Effective Date.

  • Except as set forth in this Agreement, the Tranche B-1 Loans shall be subject to the provisions of the Credit Agreement and the other Loan Documents that apply to “Loans”, “Term Loans” and “Incremental Term Loans” thereunder.

  • Section 2.10(b) is hereby amended by inserting, immediately after the words “Effective Date” where they appear therein the parenthetical phrase: “(or, in the case of Tranche B-1 Loans, twelve months after the Tranche B-1 Funding Date)”.

  • Several associates have been appointed to mediating judges, where judges hear mediation cases in the after- noons and after regular working hours.

  • The Borrower covenants and agrees that it will use the proceeds of the Tranche B-1 Loans to refinance the aggregate principal amount of Existing Loans outstanding on the Effective Date and to pay any interest, fees and/or expenses related thereto.

  • Section 6.02 of the Credit Agreement is amended by adding the following sentence immediately prior to the existing last sentence thereof: The Tranche B-1 Loans shall be used (x) to prepay, repay or redeem the Second Lien Indebtedness, including any fees, expenses and premiums payable in connection therewith and (y) for any other purpose permitted by Section 6.02.

  • The ABR Margin with respect to the Tranche B-1 Loans shall mean a percentage per annum equal to 2.50%.

  • As of the Restatement Effective Date, the aggregate principal amount of outstanding Tranche B-1 Loans is $237,718,750.00.

  • The Tranche B-1 Loans may be optionally prepaid as set forth in Section 5.1 of the Credit Agreement.

  • Except as set forth in this Agreement, the Tranche B-1 Loans shall otherwise be subject to the provisions of the Credit Agreement and the other Credit Documents.


More Definitions of Tranche B-1 Loans

Tranche B-1 Loans means the term loans made to the Borrower pursuant to the Original Credit Agreement and designated as “Tranche B-1 Loans” pursuant to the Amendment Agreement.
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Related to Tranche B-1 Loans

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).