New Tranche B Term Lender definition

New Tranche B Term Lender shall have the meaning assigned to such term in Section 2.21.
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New Tranche B Term Lender each Lender listed on Schedule A-1 under the subheading “Tranche B Term Loan Commitments” attached hereto which is not an Exchanging Tranche B Term Lender.
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New Tranche B Term Lender means each Lender that has a New Tranche B Term Commitment or that holds a New Tranche B Term Loan.
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Examples of New Tranche B Term Lender in a sentence

  • The Borrower and the Administrative Agent hereby consent, pursuant to Subsections 11.6(b)(i) and 2.11(b) of the Credit Agreement, to the inclusion as an “Additional Specified Refinancing Lender” of each New Tranche B Term Lender that is party to this First Amendment that is not an existing Lender, an Affiliate of an existing Lender or an Approved Fund.

  • Subject to the terms and conditions hereof each New Tranche B Term Lender severally agrees to make a term loan (a "NEW TRANCHE B TERM LOAN") in Dollars to the Borrower on the Amendment and Restatement Effective Date in an amount not to exceed the amount of the New Tranche B Term Commitment of such Lender.

  • The New Tranche B Term Commitment of each New Tranche B Term Lender shall automatically terminate upon the making of the New Tranche B Term Loans on the Amendment Effective Date.

  • In the event the Borrower has agreed to pay a New Tranche B Term Lender fees or interest at a rate higher than the fees or interest then payable to the Existing Tranche B Term Lenders, the Borrower shall pay to the then Existing Tranche B Term Lenders fees and interest at such higher rate.

  • 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”).

  • From and after the Second Amendment Effective Date, each New Tranche B Term Lender will be a Lender and a Tranche B Term Lender under the Credit Agreement.

  • The commitments of the Additional Tranche B Term Lenders and the conversion undertakings of the Converting Tranche B Term Lenders are several and no such New Tranche B Term Lender will be responsible for any other New Tranche B Term Lender’s failure to make or acquire by conversion New Tranche B Term Loans.

  • The effectiveness of the amendments set forth in Section 2 of this Amendment and the agreement of each Additional New Tranche B Term Lender to make an Additional New Tranche B Term Loan to the Borrower are subject to the satisfaction of each of the following conditions (the date on which such conditions shall have been so satisfied, the “Fourth Amendment Closing Date”).

  • Landlord shall mitigate the consequences of any closure or reduction of parking areas at Landlord’s expense so that Tenant has reasonable on-site or reasonable proximate off-site (with shuttle service) parking arrangements during such closure or reduction (not less than 540 spaces total).

  • Subject to the terms and conditions hereof and the Amended Credit Agreement, each New Tranche B Term Lender agrees to make, on the Amendment No. 1 Effective Date, a Tranche B Term Loan to the Borrower in a principal amount not to exceed its New Tranche B Term Commitment.


More Definitions of New Tranche B Term Lender

New Tranche B Term Lender has the meaning specified in Section 2.14.
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Related to New Tranche B Term Lender

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • Tranche B Term Loan as defined in Section 2.1.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.