Examples of Additional Tranche B Term Lender in a sentence
For purposes of the foregoing, such Interest Periods shall be assigned to the Additional Tranche B Term Loans of each Additional Tranche B Term Lender in the same proportion that such Interest Periods applied to the Existing Tranche B Term Loans on the Amendment Effective Date.
The new Schedule 2.01 of the Credit Agreement contemplated by Section 1(j) hereof will separately set forth (i) the Tranche B Undertaking of each Converting Tranche B Term Lender and (ii) the Tranche B Undertaking of each Additional Tranche B Term Lender.
Promptly upon receipt by Administrative Agent and Syndication Agent of such Funding Notice, Administrative Agent or Syndication Agent shall notify each Additional Tranche B Term Lender with a Tranche B Dollar Term Loan Commitment or a Tranche B Euro Term Loan Commitment of the proposed borrowing.
Each Additional Tranche B Term Lender will make its New Tranche B Term Loans on the Amendment Effective Date by transferring to the Agent, in the manner contemplated by Section 2.06 of the Credit Agreement, an amount equal to the amount of its Tranche B Undertaking.
For purposes of the foregoing, such Interest Periods shall be assigned to the Additional Tranche B Term Loans of each Additional Tranche B Term Lender in the same proportion that such Interest Periods applied to the Existing Tranche B Term Loans on the Second Amendment Effective Date.
The new Schedule 2.01 of the Credit Agreement contemplated by Section 1(k) hereof will separately set forth (i) the Tranche B Undertaking of each Converting Tranche B Term Lender and (ii) the Tranche B Undertaking of each Additional Tranche B Term Lender.
Existing Tranche B Term Lenders that do not become Continuing Tranche B Term Lenders as contemplated by this recital shall not otherwise be permitted to become an Additional Tranche B Term Lender (as defined below).
The Additional Tranche B Term Loans of such Additional Tranche B Term Lender shall be subject to all of the terms in the Credit Agreement and Amendment No. 3 and to the conditions set forth in the Credit Agreement and Amendment No. 3, and shall be entitled to all the benefits afforded by the Credit Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and ratably from the Guarantees and security interests created by the Security Documents.
For purposes hereof, a Person shall become a party to the Credit Agreement as amended hereby and a Tranche B Term Lender as of the Effective Date by executing and delivering to the Administrative Agent, on or prior to the Effective Date, a Lender Addendum (Additional Tranche B Term Lender) in its capacity as a Tranche B Term Lender.
Each Continuing Term Lender and the Additional Tranche B Term Lender hereby consent to an Interest Period beginning on the Amendment and Restatement Effective Date and ending on October 31, 2016, in respect of the exchange of Existing Term Loans for Tranche B Term Loans or the Borrowing of Additional Tranche B Term Loans, as applicable, which shall initially constitute Eurodollar Loans.