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 with a Tranche B Term Loan Commitment severally agrees to make its portion of a term loan (the "Tranche B Term Loan") to the Borrower on the Closing Date in an amount not to exceed such Lender's Tranche B Term Loan Commitment. Amounts repaid or prepaid 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.

Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender with a Tranche B Term Loan Commitment severally agrees to make its portion of a term loan (the "“Tranche B Term Loan"”) to the Borrower in Dollars on the Closing Date in an amount not to exceed such Lender's ’s Tranche B Term Loan Commitment. Amounts repaid or prepaid on the Tranche B Term Loan may not be reborrowed. The Each Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided hereinshall initially bear interest at a rate based on the LIBOR Rate.

Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender with having a Tranche B Term Loan Commitment severally as of the Closing Date agrees to make its portion of a term loan (the "“Tranche B Term Loan"”) to the Borrower on the Closing Date in an amount not equal to exceed such Lender's ’s Tranche B Term Loan Commitment. Amounts repaid or prepaid 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.

Tranche B Term Loan. Subject to the terms and conditions set forth herein, each Lender with a Tranche B Term Loan Commitment severally agrees to make its portion of a term loan (the "“Tranche B Term Loan"”) to the Borrower in Dollars on the Closing Date in an amount not to exceed such Lender's Tranche B Term Loan Commitment. Amounts repaid or prepaid on the Tranche B Term Loan may not be reborrowed. The Each Tranche B Term Loan may consist of Base Rate Loans or Eurodollar Rate Loans, as further provided hereinshall initially bear interest at a rate based on the LIBOR Rate.