Common use of Tranche B Term Commitments Clause in Contracts

Tranche B Term Commitments. (a) Subject to the terms and conditions hereof, each Tranche B Term Lender with a Tranche B Term Commitment severally agrees to make an Initial Tranche B Term Loan to the Borrower on the Closing Date in a principal amount equal to its Tranche B Term Commitment. (b) [Reserved]. (c) Tranche B Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.12.

Appears in 2 contracts

Samples: Credit Agreement (National Mentor Holdings, Inc.), Credit Agreement (National Mentor Holdings, Inc.)

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Tranche B Term Commitments. (a) Subject to the terms and conditions hereof, each Tranche B Term Lender with a Tranche B Term Commitment severally agrees to make an Initial Tranche B Term Loan to the Borrower on the Closing Date in a principal amount equal to its Tranche B Term Commitment. (b) [Reserved]. (c) Tranche B Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.12.

Appears in 1 contract

Samples: Credit Agreement (21st Century Oncology Holdings, Inc.)

Tranche B Term Commitments. (a) Subject to the terms and conditions hereof, each Tranche B Term Lender with a Tranche B Term Commitment severally agrees to make an Initial a term loan denominated in Dollars (a “Tranche B Term Loan Loan”) to the Borrower on the Closing Date in a principal the amount equal to its set forth under the heading “Tranche B Term Commitment. (b) [Reserved]. (c) Loan” opposite such Tranche B Term Lender’s name on Schedule 1.1A. The Tranche B Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.122.14.

Appears in 1 contract

Samples: Credit Agreement (Tenneco Inc)

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Tranche B Term Commitments. (a) Subject to the terms and conditions hereof, each Tranche B Term Lender with a Tranche B Term Commitment severally agrees to make an Initial a Tranche B Term Loan to the Borrower on the Closing Date in a principal amount equal to its Tranche B Term Commitment. (b) [Reserved]. (c) Tranche B Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.12.

Appears in 1 contract

Samples: Credit Agreement (National Mentor Holdings, Inc.)

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