Tranche 2 Loans definition

Tranche 2 Loans has the meaning provided in Section 2.01(a).

Tranche 2 Loans a loan made by a Lender pursuant to its Tranche 2 Commitment to the Borrower as part of a Borrowing.

Tranche 2 Loans means Loans made or deemed made pursuant to this Agreement during the Tranche 2 Availability Period.

Examples of Tranche 2 Loans in a sentence

• Tranche 2 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

• Tranche 2 Loans borrowed under this Section 2.01(b) and paid or prepaid may not be reborrowed.

• The Administrative Agent will promptly notify each Tranche 1 Lender of its receipt of each such notice in respect of any Tranche 1 Loans, and of the amount of such Tranche 1 Lender’s Applicable Tranche 1 Percentage of such prepayment and will promptly notify each Tranche 2 Lender of its receipt of each such notice in respect of any Tranche 2 Loans, and of the amount of such Tranche 2 Lender’s Applicable Tranche 2 Percentage of such prepayment.

• Thereafter, the Tranche 2 Loans evidenced by such Tranche 2 Note and interest thereon shall at all times (including after assignment pursuant to Section 10.04) be represented by one or more Tranche 2 Notes payable to the order of the payee named therein (or, if such promissory note is a registered note, to such payee and its registered assigns).

• The Administrative Agent will promptly notify each Tranche 1 Lender of its receipt of each such notice in respect of any Tranche 1 Loans, and of the amount of such Tranche 1 Lender’s Applicable Tranche 1 Loan Percentage of such prepayment and will promptly notify each Tranche 2 Lender of its receipt of each such notice in respect of any Tranche 2 Loans, and of the amount of such Tranche 2 Lender’s Applicable Tranche 2 Loan Percentage of such prepayment.

More Definitions of Tranche 2 Loans

Tranche 2 Loans meanss the loans made by the Tranche 2 Lenders to the Borrower pursuant to Section 2.01(b).

Tranche 2 Loans means each of the loans provided for in Section 2.01(b) hereof, which may be Base Rate Loans and/or Eurodollar Loans.

Tranche 2 Loans means the term loans made by the Tranche 2 Lenders to St. Jude Medical, Inc.

Tranche 2 Loans a loan made by a Lender pursuant to its Tranche 2 Commitment to the Borrower as part of a Borrowing. “Tranche 2 Ticking Fee”: as defined in subsection 2.3(c). “Transaction Costs”: all fees, costs and expenses incurred or payable by the Borrower or any of its Subsidiaries in connection with the Transactions. “Transactions”: the (i) execution and delivery of this Agreement and the other Loan Documents, (ii) the borrowing of Loans and the use of the proceeds thereof, (iii) the consummation of the Target Acquisition and (iv) the payment of Transaction Costs. “Transferee”: as defined in subsection 11.6(f). - 26 - Active.28128860.17

Tranche 2 Loans means the “Tranche 2 Initial Loans” and the “Tranche 2 Delayed Draw Loans”.

Tranche 2 Loans means all funding advanced to Borrower that is designated by Bank as Loans made under Borrowing Base II, in excess of the Tranche 1 Loan(s), not to exceed, however, $2,000,000.00 in the aggregate.

Tranche 2 Loans and together with the Tranche 1 Loans, the “Facility Loans”).3 The aggregate principal outstanding amount of loans under the Facility (including capitalized or accrued and unpaid interest and any fees, the Upfront Fee and the Unused Fee) shall not exceed $100.0 million (“Total Expected Facility Amount”). [TEXT REDACTED]4 2 The Company and CRB will work in good faith to reconcile January 2023 through Closing Date daily fees, inclusive of any mutually agreed credits which the Company estimates to be $1.7 million. 3 [Text Redacted] 4 [Text Redacted]