Examples of Tranche B-1 Term Lenders in a sentence
Each Borrowing of Tranche B-1 Term Loans under this Agreement shall be granted by the Tranche B-1 Term Lenders pro rata on the basis of their then-applicable Tranche B-1 Term Loan Commitments.
Such fee shall be paid by the Borrower to the Administrative Agent for the account of Tranche B-1 Term Lenders or Tranche B-2 Term Lenders, as applicable, on the date of such prepayment or amendment (as the case may be).
The Tranche B-1 Term Loan Borrowing shall consist of Tranche B-1 Term Loans made simultaneously by the Tranche B-1 Term Lenders in accordance with their respective Tranche B-1 Term Loan Commitments.
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.
During the existence of an Event of Default, no Loans may be requested as, converted to or continued as Eurodollar Rate Loans if the Administrative Agent has or the Required Tranche B-1 Term Lenders, Required Tranche B-2 Term Lenders or Required Revolving Lenders, as applicable, have determined in its or their sole discretion not to permit such conversions.
The Borrower has requested that (a) the Tranche B-1 Term Lenders extend credit in the form of Tranche B-1 Term Loans on the Effective Date in an aggregate principal amount not in excess of $200,000,000 and (b) the Tranche B-2 Term Lenders extend credit in the form of Tranche B-2 Term Loans on the Effective Date in an aggregate principal amount not in excess of $470,000,000.
The Administrative Agent shall notify the Borrower, the Tranche B-1 Term Lenders and the other Lenders of the First Amendment Effective Date and such notice shall be conclusive and binding.
The Tranche B-1 Arrangers and the Tranche B-1 Term Lenders shall have received all fees and expenses required to be paid or delivered by the Parent Borrower to them on or prior to such date.
Pursuant to this Agreement, the Tranche B-1 Term Lenders will make new Tranche B-1 Term Loans under the Credit Agreement to the Borrower for the purpose of replacing the Existing Loans.
The Debtors, the DIP Lenders, the Tranche B-1 Term Lenders, and Tranche B-2 Term Lenders retain their rights to review and contest the NFBA’s assertion that the Debtors are holding the NFBA’s funds.