Total Tranche B Commitment definition

Total Tranche B Commitment means, at any time, (i) prior to the funding of the Tranche B Loan pursuant to Section 2.01(b), the sum of the Tranche B Commitments at such time and (ii) on and after funding of the Tranche B Loan pursuant to 2.01(b), the outstanding principal amount of the Tranche B Loan at such time.
Total Tranche B Commitment means, at any time, the outstanding amount of the Tranche B Loan at such time.
Total Tranche B Commitment means as of the Effective Date, the sum of the Tranche B Commitments of the Tranche B Lenders. As of the Effective Date, the Total Tranche B Commitment is $250,000,000. Upon the funding of the Tranche B Loans in an amount equal to the Total Tranche B Commitment on the Effective Date, the Tranche B Commitments will be deemed to be zero and will terminate.

Examples of Total Tranche B Commitment in a sentence

  • Once repaid, the Tranche B Loan may not be reborrowed and the Total Tranche B Commitment shall be automatically and permanently reduced by an amount equal to the amount so repaid.


More Definitions of Total Tranche B Commitment

Total Tranche B Commitment means, at any time, the sum of the Tranche B Commitments at such time.
Total Tranche B Commitment means the aggregate amount of the Tranche B Commitments of all Tranche B Lenders, as increased or reduced from time to time pursuant to the terms hereof.
Total Tranche B Commitment means the aggregate amount of the Tranche B Commitments of all Tranche B Lenders, as
Total Tranche B Commitment means, at any time, the sum of the Tranche B Commitments at such time. The Total Tranche B Commitment shall be $1,960,000,000 on the Closing Date.
Total Tranche B Commitment means, at any time, the sum of all the Tranche B Commitments at such time."
Total Tranche B Commitment means the sum of the Tranche B Commitments of each Tranche B Bank.
Total Tranche B Commitment means the sum of the Tranche B Commitments of the Lenders.