Tranche 3 Lender definition

Tranche 3 Lender means, collectively, (i) each Original Lender that agrees to convert Original Term Loans into Tranche 3 Term Loans in an amount based on a pro rata allocation among the Tranche 3 Term Loans and Tranche 4 Term Loans (or such other basis as determined by the Arranger) pursuant to the execution and delivery of this Agreement on or prior to the Amendment and Restatement Date and (ii) each Additional Tranche 3 Lender.
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Tranche 3 Lender means a Lender with a Tranche 3 Commitment or holding Tranche 3 Loans.
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Tranche 3 Lender means any one of them.
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Examples of Tranche 3 Lender in a sentence

  • Accrued Tranche 3 Facility Fees shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter and on the earlier of the date the Total Tranche 3 Commitment terminates and the Commitment Expiration Date and, with respect to any Tranche 3 Facility Fee owing to any Tranche 3 Lender which is replaced pursuant to Section 2.18, on the date on which such Tranche 3 Lender is replaced.

  • Each reduction to the Total Tranche 3 Commitment shall be applied to the Tranche 3 Commitments of each Tranche 3 Lender on a pro rata basis based on the respective amount of such Tranche 3 Lender’s Tranche 3 Commitments.

  • Accrued Tranche 3 Utilization Fees shall be due and payable quarterly in arrears on the last Business Day of each calendar quarter and, with respect to any Tranche 3 Utilization Fee owing to any Tranche 3 Lender which is replaced pursuant to Section 2.18, on the date on which such Tranche 3 Lender is replaced.

  • Each Tranche 3 Lender and Tranche 4 Lender shall have received, if requested reasonably in advance, one or more promissory notes payable to the order of such Lender duly executed by Borrower in substantially the form of Exhibit B-1 or B-2, as applicable, to the Amended and Restated Credit Agreement evidencing its Tranche 3 Term Loans and Tranche 4 Term Loans.

  • In such event, the relevant Tranche 2/3 Borrower shall prepare, execute and deliver to such Tranche 3 Lender a promissory note payable to the order of such Tranche 3 Lender (or, if requested by such Tranche 3 Lender, to such Tranche 3 Lender and its registered assigns) substantially in the form of Exhibit B-2 with blanks appropriately completed in conformity herewith (each, a “Tranche 3 Note” and collectively, the “Tranche 3 Notes”).

  • Upon receipt of an affidavit of an officer of a Tranche 3 Lender (together with a customary indemnity from such Tranche 3 Lender in form and substance satisfactory to the Parent Borrower) that a Tranche 3 Note has been lost, stolen, destroyed or mutilated, the Parent Borrower will issue a replacement Tranche 3 Note in the same principal amount thereof and otherwise of like tender.

  • Upon receipt of an affidavit of an officer of a Tranche 3 Lender (together with a customary indemnity from such Tranche 3 Lender in form and substance satisfactory to the respective Borrower) that a Tranche 3 Note has been lost, stolen, destroyed or mutilated, such Borrower will issue a replacement Tranche 3 Note in the same principal amount thereof and otherwise of like tender.

  • Each Tranche 3 Lender having a Tranche 3 Loan Commitment agrees, subject to the terms and conditions set forth herein, to make Tranche 3 Loans in Dollars to GEO on the Effective Date in an aggregate principal amount equal to the Tranche 3 Loan Commitment of such Lender on the Effective Date.

  • In such event, the Parent Borrower shall prepare, execute and deliver to such Tranche 3 Lender a promissory note payable to the order of such Tranche 3 Lender (or, if requested by such Tranche 3 Lender, to such Tranche 3 Lender and its registered assigns) substantially in the form of Exhibit B-2 with blanks appropriately completed in conformity herewith (each, a “Tranche 3 Note” and collectively, the “Tranche 3 Notes”).

  • Any reduction of the Aggregate Tranche 3 Commitments shall be applied to the Tranche 3 Commitment of each Tranche 3 Lender according to its Applicable Tranche 3 Percentage.

Related to Tranche 3 Lender

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

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

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

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

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term A Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term A Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term A Loans at such time.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Tranche A Lenders means the Lenders who hold Tranche A Loans or who have Tranche A Commitments.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

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

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

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

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.