Tranche B Term Loan Facility definition

Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

Tranche B Term Loan Facility means the term loan facility providing for, and consisting of, the Tranche B Term Loans.

Tranche B Term Loan Facility means the credit facility under this Agreement evidenced by the Tranche B Term Loan Commitments and the Tranche B Term Loans.

Examples of Tranche B Term Loan Facility in a sentence

• Without limiting the foregoing, overdue interest, fees and other amounts under the Tranche B Term Loan Facility shall bear interest at 2% above the Coupon Rate.

• Documentation The credit documentation for the Tranche B Term Loan Facility (the “Tranche B Term Loan Documents”) shall contain representations and warranties, covenants and events of default relating to the Borrower and its subsidiaries customary for financings of this type and other terms deemed appropriate by the Tranche B Term Lenders, including without limitation the following: Representations Substantially the same as for the Tranche A Term Loan Facility.

• Collateral The obligations of the Loan Parties in respect of the Tranche B Term Loan Facility shall be secured by a third priority, perfected security interest in all of the Collateral securing the Tranche A Term Loans.

• The Tranche A Term Loan Facility and the Tranche B Term Loan Facility will have the terms set forth in the respective Term Loan Facilities Term Sheets.

• At any time upon the occurrence and during the continuation of any event of default under the Tranche B Term Loan Facility, all outstanding Tranche B Term Loans shall bear interest at 2% above the Coupon Rate.

More Definitions of Tranche B Term Loan Facility

Tranche B Term Loan Facility means the Tranche B Term Loan Commitments, the facility described in the Second Amendment providing for a Tranche B Term Loan to the US Borrower by the Tranche B Term Loan Lenders on the Second Amendment Effective Date in an aggregate principal amount of $639,738,665 and the Incremental Tranche B Term Loans made pursuant to the facility described in Section 2.01(c) (Facilities Increase) providing for one or more Incremental Tranche B Term Loans to the US Borrower by the Tranche B Term Loan Lenders.

Tranche B Term Loan Facility means the eight-year term loan facility to Noma Company under the Existing Credit Agreement, in the original principal amount of $150 million.

Tranche B Term Loan Facility means, at any time, (a) on or prior to the Effective Date, the aggregate amount of the Dollar Commitment (Tranche B) at such time, and (b) thereafter, the aggregate principal amount of the Tranche B Term Loans of all Tranche B Term Lenders outstanding at such time.

Tranche B Term Loan Facility means the Tranche B Dollar Term Loan Facility and the Tranche B Euro Term Loan Facility, collectively.

Tranche B Term Loan Facility means the term loan facility in an aggregate principal amount of U.S. $[75] million.

Tranche B Term Loan Facility means the extensions of credit made hereunder by Lenders holding Tranche B Term Loans.

Tranche B Term Loan Facility as defined in the definition of "Facility" in this Section 1.1."