Examples of Incremental Tranche B Term Loan Commitments in a sentence
Each Borrowing of Incremental Tranche B Term Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable Incremental Tranche B Term Loan Commitments.
WFS will have the “left” and “highest” placement in any and all marketing materials or other documentation used in connection with the Incremental Tranche B Commitments and shall hold the leading role and responsibilities conventionally associated with such placement, including maintaining sole physical books for the Incremental Tranche B Term Loan Commitments and the Incremental Tranche B Term Loans.
After giving effect to the Incremental Tranche B Term Loan Commitments, the aggregate Commitments and funded Tranche B Term Loans shall be as set forth on Schedule B hereto.
Upon the occurrence of the Refinancing Effective Date, the Incremental Tranche B Term Loan Commitments and any Incremental Tranche B Term Loans shall automatically and without further action by any Person constitute, for all purposes of the Credit Agreement and the other Loan Documents, Tranche B Term Loan Commitments and Tranche B Term Loans, respectively.
The entities set forth on Schedule A attached hereto (collectively, the “Additional Lenders”) hereby commit on the terms set forth in this Agreement to make the Incremental Tranche B Term Loan Commitments as set forth on Schedule A available to Borrower on the Refinancing Effective Date (defined below) subject to the conditions precedent set forth in Section III below.
Borrower desires to refinance all of the existing Tranche B Term Loans with new commitments (such commitments, the “Incremental Tranche B Term Loan Commitments”) pursuant to Section 2.06(b)(iii) of the Credit Agreement as more particularly set forth herein, and the Additional Lenders have agreed to provide such Incremental Tranche B Term Loan Commitments, subject to the terms and conditions set forth herein.
No other agent, co agent or arranger other than WFS, in its capacity as a Joint Lead Arranger, will have rights in respect of the management of the syndication of the Incremental Tranche B Term Loan Commitments or the Incremental Tranche B Term Loans.
Each Borrowing of Incremental Tranche B Term Loans under this Agreement shall be granted by the Lenders PRO RATA on the basis of their then-applicable Incremental Tranche B Term Loan Commitments.
The Borrower has requested and each of the Joint Lead Arrangers hereby agrees to act as a Joint Lead Arranger with respect to the Incremental Tranche B Term Loan Commitments and the Incremental Tranche B Term Loans.