Examples of Tranche B-1 Term Lender in a sentence

Subject to the terms and conditions set forth herein, each Tranche B-1 Term Lender severally agrees to make a single loan to the Borrower on the Restatement Effective Date in an amount not to exceed such Tranche B-1 Term Lender’s Tranche B-1 Term Loan Commitment.
Upon execution and delivery hereof, the Term Administrative Agent will record the Tranche B-1 Term Loans made by each Tranche B-1 Term Lender in the Register.
The Tranche B-1 Term Commitment of each Tranche B-1 Term Lender shall automatically terminate upon the making of the Tranche B-1 Term Loans on the Effective Date.
Each party hereto acknowledges and agrees that notwithstanding any such Conversion, each such Continuing Tranche B-1 Term Lender shall be entitled to receive payment on the First Amendment Effective Date of the unpaid fees and interest accrued to such date with respect to all of its Original Tranche B Term Loans.
An upfront fee (the “B-1 Upfront Fee”) will be payable by the U.S. Borrower on the Effective Date to each Incremental Tranche B-1 Term Lender.

More Definitions of Tranche B-1 Term Lender

Tranche B-1 Term Lender means, at any time, any Lender that has an Initial Tranche B-1 Term Commitment at such time.

Tranche B-1 Term Lender means the Extending Consenting Term Lenders as defined in the Second Amendment.

Tranche B-1 Term Lender has the meaning assigned thereto in the First Amendment.

Tranche B-1 Term Lender means, collectively, (i) each Tranche B Term Lender that executes and delivers a Consent on or prior to the Third Amendment Effective Date and (ii) each Additional Tranche B-1 Term Lender.

Tranche B-1 Term Lender. (a) each Lender under the Original Credit Agreement immediately prior to the 2010 Restatement Date that executed and delivered a signature page to the 2010 Amendment Agreement solely in its capacity as an Existing Term Lender but not specifically in the capacity of an Extending Term Lender, (b) each Lender under the Original Credit Agreement immediately prior to the 2010 Restatement Date that executed and delivered a signature page to the 2010 Amendment Agreement in its capacity as an Existing Term Lender that did not choose to convert all of its Original Term Loans into Tranche B-2 Term Loans, (c) each Lender under the Original Credit Agreement that held a Term Loan immediately prior to the 2010 Restatement Date that did not execute and deliver a signature page to the 2010 Amendment Agreement and (d) any other Person that becomes a party hereto as a Tranche B-1 Term Lender hereunder pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption or otherwise ceases to have any Tranche B-1 Term Loans hereunder.

Tranche B-1 Term Lender means a Lender with a Tranche B-1 Term Loan.

Tranche B-1 Term Lender. (a) each lender under the Original Credit Agreement immediately prior to the Restatement Date that executes and delivers a signature page to the Amendment Agreement solely in its capacity as an Existing Term Lender but not specifically in the capacity of an Extending Term Lender, (b) each lender under the Original Credit Agreement immediately prior to the Restatement Date that does not execute and deliver a signature page to the Amendment Agreement and (c) any other Person that becomes a party hereto as a Tranche B-1 Term Lender hereunder pursuant to an Assignment and Acceptance, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Acceptance or otherwise ceases to have any Tranche B-1 Term Loans hereunder.