Tranche B Commitments definition

Tranche B Commitments means the obligation of the Tranche B Lenders to make the Tranche B Loans to the Lessor in an aggregate principal amount at any one (1) time outstanding not to exceed the aggregate of the amounts set forth opposite each Tranche B Lender's name on Schedule 2.1 to the Credit Agreement, as such amount may be increased or reduced from time to time in accordance with the provisions of the Operative Agreements; provided, no Tranche B Lender shall be obligated to make Tranche B Loans in excess of such Tranche B Lender's share of the Tranche B Commitments as set forth adjacent to such Tranche B Lender's name on Schedule 2.1 to Credit Agreement.
Tranche B Commitments means, collectively, the aggregate amount of Tranche B Commitments of all of the Lenders.
Tranche B Commitments means the aggregate principal amount of the Tranche B Commitments of all the Banks, the initial maximum amount of which shall be $150,000,000.

Examples of Tranche B Commitments in a sentence

  • The Tranche A Borrowers or TCCI shall have the right, at any time, upon at least three Business Days’ notice to a Defaulting Lender (with a copy to the Administrative Agent), to terminate in whole such Defaulting Lender’s Tranche A Commitments or Tranche B Commitments, respectively.

  • The Tranche A Borrowers, TCCI or TFA shall have the right, at any time, upon at least three Business Days’ notice to a Defaulting Lender (with a copy to the Administrative Agent), to terminate in whole such Defaulting Lender’s Tranche A Commitments, Tranche B Commitments or Tranche C Commitments, respectively.

  • Each Tranche B Borrowing shall be in an amount not less than the Revolving Credit Borrowing Minimum or the Revolving Credit Borrowing Multiple in excess thereof and shall consist of Tranche B Advances of the same Type and in the same currency made on the same day by the Tranche B Lenders ratably according to their respective Tranche B Commitments.

  • The Tranche A Commitments total $1.55 billion and the Tranche B Commitments total $2.75 billion.

  • Any reduction of the Aggregate Commitments (and/or the Tranche A-1 Commitments, the Tranche A-2 Commitments and/or the Tranche B Commitments, as the case may be) shall be applied to the Commitment of each Lender according to its Applicable Percentage of the Aggregate Commitments (and/or the Tranche A-1 Commitments, the Tranche A-2 Commitments and/or the Tranche B Commitments, as the case may be).


More Definitions of Tranche B Commitments

Tranche B Commitments means the aggregate amount of the Tranche B Commitments of all the Tranche B Revolving Lenders. Each Tranche B Revolving Lender’s Tranche B Commitment as of the FirstSecond Amendment Closing Date, and after giving effect to the reduction in Tranche B Commitments to occur on the FirstSecond Amendment Closing Date, is set forth on Schedule 2.01, or in the Assignment and Assumption or Commitment Increase Agreement pursuant to which such Lender shall have assumed or incurred its Tranche B Commitment, as applicable. The aggregate amount of the Tranche B Revolving Lenders’ Tranche B Commitments as of the FirstSecond Amendment Closing Date, and after giving effect to the reduction in Tranche B Commitments to occur on the FirstSecond Amendment Closing Date, is $260,000,000.180,000,000.
Tranche B Commitments means, with respect to each Tranche B Lender, its obligation to advance Tranche B Loans or to participate in LC Issuances in an aggregate principal or face amount at any time outstanding up to but not exceeding:
Tranche B Commitments means the obligation of the Tranche B Lenders to make the Tranche B Loans to the Lessor in an aggregate principal amount at any one (1) time outstanding not to exceed the aggregate of the amounts set forth opposite each Tranche B Lender's name on Schedule 2.1 to the Credit Agreement, provided, no Tranche B Lender shall be obligated to make Tranche B Loans in excess of such Tranche B Lender's share of the Tranche B Commitments as set forth adjacent to such Tranche B Lender's name on Schedule 2.1 to Credit Agreement.
Tranche B Commitments means (i) with respect to any Lender listed on the Commitment Schedule, the amount (if any) set forth therein opposite the name of such Lender under the heading "Tranche B Commitment" and (ii) with respect to any Assignee of a Tranche B Commitment, the amount of the transferor Lender's Tranche B Commitment assigned to such Assignee pursuant to Section 11.06(c), in each case as such amount may be reduced from time to time pursuant to Section 2.08 or 2.10 or changed as a result of an assignment pursuant to Section 11.06(c).
Tranche B Commitments means the Commitments of the Tranche B Lenders.
Tranche B Commitments means $2,000,000.
Tranche B Commitments means the aggregate of the Lenders' Tranche B Commitments.