Examples of Tranche C Lenders in a sentence
In the event that any such Tranche C Lender waives all or part of its share of any such Waivable Mandatory Prepayment, such waived amounts shall be distributed to the other Tranche C Lenders on a pro rata basis, provided that if all Tranche C Lenders waive such prepayment, the Borrower shall retain 100% of the amount so waived.
The Tranche C Lenders are willing to make available to the Borrowers Tranche C Loans on the terms and subject to the conditions set forth herein.
In the event the Company elects to require the Tranche C Lenders to subscribe to New Shares upon repayment of the Tranche C Obligations pursuant to an Equity Subscription Election, each Shareholder shall, immediately upon receiving such cash, execute a Share subscription agreement with the Company and pay for such New Shares.
A Lien Discharge Date, the Majority Tranche C Lenders may exercise any of its rights or remedies with respect to the DIP Collateral after the termination of the Standstill Period to the extent permitted by Section 3.02(c)Section 3.02(c) above, subject to the rights of any holders of any Permitted Priority Liens on such DIP Collateral.
Any such amendment with respect to a Benchmark Transition Event will become effective at 5:00 p.m. on the fifth Business Day after the Administrative Agent, upon written request of the Borrower, has posted such proposed amendment to the Tranche A Lenders and the Tranche C Lenders.