Examples of New Tranche B Lender in a sentence
Notwithstanding the foregoing, the provisions of the Credit Agreement with respect to indemnification, reimbursement of costs and expenses, increased costs and break funding payments shall continue in full force and effect with respect to, and for the benefit of, each Lender that was a Tranche B Lender prior to the Amendment Effective Date, but that is not a New Tranche B Lender.
The effectiveness of this Amendment is subject to the Agent’s receipt of executed counterparts of this Amendment from Holdings, the Borrower, each Revolving Lender, each New Tranche B Lender, each Additional New Tranche B Term Lender and each Extending Term Loan Lender, subject to the replacement of any Non-Consenting Lender in accordance with Section 9.02(b) of the Credit Agreement (the date on which such conditions shall have been so satisfied, “Fourth Amendment Effective Date”).
No later than 1:00 P.M. (New York time) on the Closing Date, each New Tranche B Lender will make available such Lender's pro rata share of the amount of Borrowing requested to be made on such date.
XxxXxx Title: Executive Director JPMORGAN CHASE BANK, N.A., as a New Tranche B Lender By: /s/ Xxxxxx X.
The Borrower shall give the Administrative Agent prior notice requesting the funding by each New Tranche B Lender to the Administrative Agent of an amount equal to the New Tranche Commitment of such New Tranche B Lender, provided that any such notice shall be deemed to have been given on a certain day only if given before 1:00 P.M. (New York time) on such day.
No later than 1:00 P.M. (New York time) on the Closing Date, each New Tranche B Lender will make available to the Administrative Agent such Lender's pro rata share of the amount of the amount requested in the Notice of Funding.
Registration and Tuition Payment: Children should be registered in the spring to guarantee space for the following fall program.
On any Transition Date on which New Tranche B Term Loans are to be made, subject to the satisfaction of the foregoing terms and conditions, (i) each New Tranche B Lender shall make a New Tranche B Term Loan to Borrower in an amount equal to its New Tranche B Term Loan Amount, (ii) each New Tranche B Term Loan shall be a Tranche B Term Loan, and (iii) each New Tranche B Lender shall become a Lender.
Notwithstanding the foregoing, the provisions of the Credit Agreement with respect to indemnification, reimbursement of costs and expenses, increased costs and break funding payments shall continue in full force and effect with respect to, and for the benefit of each Lender that was an Existing Tranche B Term Lender prior to the Amendment Effective Date, but that is not a New Tranche B Lender.