Common use of Tranche B Term Loan Clause in Contracts

Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender having a Tranche B Term Loan Commitment as of the First Amendment Effective Date agrees to make its portion of a term loan (the “Tranche B Term Loan”) to the Borrower on the First Amendment Effective Date in an amount equal to such Lender’s Tranche B Term Loan Commitment. Amounts repaid on the Tranche B Term Loan may not be reborrowed. The Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 4 contracts

Samples: Credit Agreement (Cincinnati Bell Inc), Credit Agreement (Cincinnati Bell Inc), Credit Agreement (Cincinnati Bell Inc)

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