Aggregate Tranche B Commitment definition

Aggregate Tranche B Commitment. $35,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

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Aggregate Tranche B Commitment means the aggregate of the Tranche B Commitments of all the Tranche B Lenders hereunder (which, as of the date of this Credit Agreement, is $1,500,000,000), as amended from time to time pursuant to the terms hereof.

Aggregate Tranche B Commitment has the meaning set forth in Subsection 1.01(b).

Examples of Aggregate Tranche B Commitment in a sentence

Each Tranche B Advance hereunder shall consist of borrowings made from the several Tranche B Lenders ratably in proportion to the ratio that their respective Tranche B Commitments bear to the Aggregate Tranche B Commitment.
Each Advance shall be in the minimum amount of $5,000,000 (and in integral multiples of $1,000,000 if in excess thereof), provided, however, that any Floating Rate Advance may be in the amount of the unused Aggregate Tranche A Commitment or the Aggregate Tranche B Commitment, as the case may be.
Any such reduction shall be applied ratably to the Aggregate Tranche A Commitment and the Aggregate Tranche B Commitment.
As an additional condition precedent to the obligation of Tranche B Lenders to make Tranche B Loans under the Proposed Aggregate Tranche B Commitment Increase (as defined in Amendment No. 1), the conditions precedent to the consummation of the MobileMedia Merger as set forth in Section 8.3(iv) shall have been satisfied (prior to or simultaneously) or waived in accordance with the provisions of Section 11.1.
Whirlpool may, prior to the Borrowing Date, permanently reduce the Aggregate Tranche A Commitment or the Aggregate Tranche B Commitment in whole, or in part ratably among the Appropriate Lenders in an amount of $25,000,000 or an integral multiple of $5,000,000 in excess thereof, upon at least three Business Days’ written notice to the Administrative Agent, which notice shall specify the amount and Facility of any such reduction.

More Definitions of Aggregate Tranche B Commitment

Aggregate Tranche B Commitment. Tranche B Commitment", "Tranche B Loans" and "Original Lender Warrant" without the prior written consent of the Lenders holding a majority of the aggregate outstanding principal amount of the Tranche B Loans and unused Tranche B Commitments; provided further that (x) no such agreement shall amend, modify or otherwise affect the rights or duties of the Agent, hereunder or under any other Loan Document without the prior written consent of the Agent, and (y) no such agreement that by its terms adversely affects the rights of the Lenders holding a majority of the aggregate outstanding principal amount of the Tranche A Loans and unused Tranche A Commitments or the Lenders holding a majority of the aggregate outstanding principal amount of the Tranche B Loans and unused Tranche B Commitments in a manner different from its effect on the other classes of Lenders shall become effective unless approved by a majority in interest of each class of Lenders so adversely affected.

Aggregate Tranche B Commitment means, at any time, an amount equal to the amount set forth on Schedule 1.1 hereto, plus accrued but unpaid interest from the date hereof to the extent provided herein.

Aggregate Tranche B Commitment means, as of any date of determination, the sum of the Tranche B Commitments of all of the Lenders as of such date.