Examples of Tranche B-1 Term Commitments in a sentence
The Borrower may make only one borrowing under the Tranche B-1 Term Commitments, which shall be on the First Amendment Effective Date.
The Term Borrowing shall consist of Initial Tranche B-1 Term Loans made simultaneously by the Tranche B-1 Term Lenders in accordance with their respective Applicable Percentage of the aggregate Initial Tranche B-1 Term Commitments.
The System does not currently have an approved definition of diversity.
The proceeds of the Tranche B-1Term Loans made pursuant to the Additional Tranche B-1 Term Commitments shall be used on the Amendment No. 2 Effective date to prepay Tranche B Term Loans that are not Converted Tranche B Term Loans.
The Euro Term Commitments, the Tranche B Term Commitments and the Tranche B-1 Term Commitments will terminate in full upon the making of the Loans referred to in clauses (a)(i), (ii) and (iii) above.
If not drawn before 5:00 p.m., New York City time on October 12, 2010, the Tranche B-1 Term Commitments shall expire at such time and shall from and after such time be of no further force or effect.
The proceeds of the Tranche B-1 Term Loans shall be used by the Borrower on the Effective Date solely to repay (or replace via cashless settlement) the principal amount of the Initial Term B Loans outstanding as of the Effective Date, together with all accrued but unpaid interest thereon and fees with respect thereto and all fees and expenses of the Borrower in connection with this Agreement, the Tranche B-1 Term Commitments and the Tranche B-1 Term Loans.
Each Additional Tranche B-1 Term Lender, the Borrower and the Administrative Agent acknowledge and agree that the Additional Tranche B-1 Term Commitments provided pursuant to this Agreement shall constitute Tranche B-1 Term Commitments for all purposes of the Amendment Agreement, the Amended and Restated Credit Agreement and the other applicable Loan Documents.
The Borrower may make only one borrowing under the Tranche B-1 Term Commitments, which shall be on the Amendment No. 1 Effective Date.
The Tranche B-3 Term Commitments, the Tranche B-4 Term Commitments, the Euro Tranche Term Commitments and the Euro Tranche B-1 Term Commitments will terminate in full upon the making, rollover, conversion and deemed issuance of the Loans referred to in clause (a) above.