Examples of Original Tranche B Term Loans in a sentence
To the extent the proceeds of the Original Tranche B Term Loans are not utilized on the Closing Date, the excess proceeds shall be deposited by Company into the Investment Accounts for the benefit of the Lenders and invested in Cash Equivalents specified in the Investment Account Agreement, as directed by Company, until the Merger Date.
Each Tranche B Term Loan Lender's Original Tranche B Term Loan Commitment shall expire immediately and without further action on the earlier of (i) October 31, 1998, if the Original Tranche B Term Loans are not made on or before that date and (ii) at the close of business on the Closing Date.
The proceeds of the Original Tranche A Term Loans and the Original Tranche B Term Loans, together with other funds available to Company, shall be applied by Company to pay the Acquisition Financing Requirements.
All Term Loans, Revolving Loans, Swingline Loans and Letters of Credit outstanding under the 2005 Credit Agreement on the Restatement Effective Date shall remain outstanding hereunder on the terms set forth herein, except as otherwise provided herein and in the Amendment and Restatement Agreement with respect to the Original Tranche B Term Loans.
The Original Tranche B Term Loans were made to the Borrowers on the Closing Date.