Tranche B Term Loan Commitments Sample Clauses

Tranche B Term Loan Commitments. Subject to the terms and conditions hereof, the Tranche B Term Loan Lenders severally agree to make term loans denominated in Dollars (each, a “Tranche B Term Loan”) to the Borrower on the Closing Date in an amount for each Tranche B Term Loan Lender not to exceed the Tranche B Term Loan Commitment of such Lender. The Tranche B Term Loans may from time to time be Eurocurrency Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 5.6.
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Tranche B Term Loan Commitments. Subject to the terms and conditions hereof, each Lender agrees to make, on the Closing Date, a Tranche B Term Loan to the Company in US Dollars in an aggregate principal amount equal to such Lender’s Tranche B Term Loan Commitment. Amounts borrowed pursuant to this Section 2.1(a) that are repaid or prepaid may not be reborrowed. Each Lender’s Tranche B Term Loan Commitment shall terminate immediately and without any further action on the Closing Date upon the making of a Tranche B Term Loan by such Lender or on May 24, 2011, if the Closing Date shall not have occurred on or prior to such date.
Tranche B Term Loan Commitments. Each New Series C-1 Term Loan Lender hereby commits to provide its respective Series C-1 Tranche B Term Loan Commitment on the terms and subject to the conditions set forth in Exhibit B hereto, and such Series C-1 Tranche B Term Loan Commitment (other than with respect to the Exchanged Series C-1 Tranche B Term Loans) for each New Series C-1 Term Loan Lender is set forth on Schedule A annexed hereto. The Series C-1 Tranche B Term Loan Commitments and Series C-1 Tranche B Term Loans made pursuant thereto shall be subject to the provisions of the Credit Agreement and the other Credit Documents, and shall constitute “Term Loan Commitments” and “Tranche B Term Loans”, respectively, thereunder.
Tranche B Term Loan Commitments. The Tranche B Term Loan Commitment of each Lender, if any, shall automatically terminate at such time as such Lender shall have made available to the Borrower such Lender's share of the Tranche B Term Loan.
Tranche B Term Loan Commitments. Subject to the terms and conditions hereof, each Lender agrees to make, on the Closing Date, a term loan to the Borrower in an amount equal to such Lender’s Tranche B Term Loan Commitment. Amounts borrowed pursuant to this Section 2.1(a) that are repaid or prepaid may not be reborrowed. Each Lender’s Tranche B Term Loan Commitment shall terminate immediately and without any further action on the Closing Date upon the making of a Tranche B Term Loan by such Lender.
Tranche B Term Loan Commitments. (a) Subject to the terms and conditions hereof, the Tranche B Term Loan Lenders severally agree to make term loans (or, in the case of a Continuing Tranche B Term Loan Lender, pursuant to clause (b) below, elects to convert all or a portion of such Continuing Tranche B Term Loan Lender’s Existing Tranche B Term Loans) denominated in Dollars (each, a “Tranche B Term Loan”) to the Primary Borrower on the Amendment and Restatement Effective Date in an amount for each Tranche B Term Loan Lender not to exceed the Tranche B Term Loan Commitment of such Lender. The Tranche B Term Loans may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Primary Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 5.6. (b) In connection with the making of the Tranche B Term Loans pursuant to clause (a) above, by delivering written notice to the Administrative Agent on or prior to the Amendment and Restatement Effective Date, any Continuing Tranche B Term Loan Lender may elect to make all or any portion of such Lender’s Tranche B Term Loan requested by the Primary Borrower to be made on the Amendment and Restatement Effective Date by converting all or a portion of the outstanding principal amount of the Existing Tranche B Term Loans held by such Lender into a Tranche B Term Loan in a principal amount equal to the amount of the loans so converted (each, a “Converted Term Loan”). On the Amendment and Restatement Effective Date, the Converted Term Loans shall be converted for all purposes of this Agreement into Tranche B Term Loans, and the Administrative Agent shall record in the Register the aggregate amounts of Converted Term Loans converted into Tranche B Term Loans. Any written notice to the Administrative Agent delivered by an applicable Continuing Tranche B Term Loan Lender pursuant to this Section shall specify the amount of such Lender’s Tranche B Term Loan Commitment and the principal amount of the Existing Tranche B Term Loans held by such Lender that are to be converted into a Tranche B Term Loan.
Tranche B Term Loan Commitments. Subject to the terms and conditions hereof the Tranche B Term Loan Lenders severally agree (i) to make term loans (each, a “Tranche B Term Loan”) to the Borrower on the Closing Date and/or (ii) to continue (in whole and not in part) their Existing Term Loans outstanding on the Closing Date as Tranche B Term Loans, in each case as agreed by the Administrative Agent and the applicable Tranche B Term Loans. For each Tranche B Term Loan Lender the sum of clauses (i) and (ii) of this Section 2.1 shall not exceed the amount of the Tranche B Term Loan Commitment of such Lender. All such continuations shall be deemed to be a part of borrowing of Tranche B Term Loans on the Closing Date for all purposes hereunder. 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 2.10. The Tranche B Term Loans constitute obligations outstanding under the Existing Credit Agreement, as amended, restated, reallocated and redesignated pursuant hereto.
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Tranche B Term Loan Commitments. On the terms and subject to the conditions contained in this Agreement, each Tranche B Term Loan Lender severally (i) made a loan denominated in Dollars (each an “Existing Tranche B Term Loan”) to the Borrower on the Closing Date, in an amount not to exceed such Lender’s Existing Tranche B Term Loan Commitment or (ii) agrees to make a loan denominated in Dollars (the “Additional Tranche B Term Loans” and together with the Existing Tranche B Term Loans, each a “Tranche B Term Loan”) to the Borrower on the Amendment Closing Date, in an amount not to exceed such Lender’s Additional Tranche B Term Loan Commitment. Amounts of Tranche B Term Loans paid or prepaid may not be reborrowed.
Tranche B Term Loan Commitments. Subject to the terms and conditions hereof, each Lender severally agrees to make a term loan (a "TRANCHE B TERM LOAN") to the Borrower on the Closing Date in an amount not to exceed the amount of the Tranche B Term Loan Commitment of such Lender then in effect; provided, that the Tranche B Term Loan Commitments shall terminate at 3:00 p.m., New York City time, on August 31, 1999, if the Tranche B Term Loans have not been made prior to that time. The Tranche B Term Loans may from time to time be (a) Eurodollar Loans, (b) Base Rate Loans or (c) a combination thereof, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 5.2.
Tranche B Term Loan Commitments. During the Term Loan Availability Period, on the terms and subject to the conditions of this Agreement and in reliance upon the representations, warranties and covenants of Borrower contained herein, each Tranche B Lender severally agrees to make one or more Tranche B Term Loans to Borrower on one or more Term Loan Funding Dates in an amount not exceeding its Pro Rata Share of the Aggregate Tranche B Term Loan Commitment.
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