Tranche B-2 Term Lenders definition
Examples of Tranche B-2 Term Lenders in a sentence
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 Tranche B-2 Term Loan Borrowing shall consist of Tranche B-2 Term Loans made simultaneously by the Tranche B-2 Term Lenders in accordance with their respective Tranche B-2 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 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 Term Borrowing shall consist of Initial Tranche B-2 Term Loans made simultaneously by the Tranche B-2 Term Lenders in accordance with their respective Applicable Percentage of the aggregate Initial Tranche B-2 Term Commitments.
Such fee shall be paid by the Borrower to the Administrative Agent, for the account of the Tranche B-2 Term Lenders, on the date of such prepayment.
The Parent Borrower, the Tranche B-2 Term Lenders and the Administrative Agent agree that (a) Deutsche Bank Securities Inc.
The Director of Human Resources shall give its final decision to the Union Representative in writing within ten (10) working days of this meeting.
The Borrower, the Tranche B-2 Term Lenders and the Administrative Agent may, without the consent of any other Loan Party, Agent or Lender, incorporate such additional changes to the terms of the Tranche B-2 Term Facility after the First Amendment Effective Date as are contemplated by the provisions of the Fee Letter dated as of the First Amendment Effective Date, among the Borrower and the Tranche B-2 Arrangers.
The Administrative Agent shall have received, for the account of the Tranche B-2 Term Lenders, an upfront fee in an amount equal to 0.50% of the sum of the aggregate principal amount of the Tranche B-2 Term Loans, which upfront fee may be structured as original issue discount at the option of the Lead Arrangers in respect of the Tranche B-2 Term Loans.