Tranche B-5 Term Loans definition

Tranche B-5 Term Loans means the “Tranche B-5 Term Loans” as defined in Amendment No. 5. The aggregate principal amount of Tranche B-5 Term Loans as of the Amendment No. 5 Effective Date for all Lenders is $650,000,000.
Tranche B-5 Term Loans appears in such Section: “Tranche B-6 Term Loans and Euro Tranche B-1 Term Loans”.
Tranche B-5 Term Loans a Tranche B-5 Term Loan borrowed by the Borrower on the Refinancing Effective Date. The aggregate amount of Tranche B-5 Term Loans as of the Refinancing Effective Date is $1,050,000,000.

Examples of Tranche B-5 Term Loans in a sentence

  • The proceeds of the Tranche B-7 Term Loans shall be utilized on the Tranche B-7 Refinancing Amendment Effective Date to refinance in full the Existing Tranche B-5 Term Loans and to pay related fees and expenses.

  • All Tranche B-5 Term Loans outstanding under the Fifth ARCA on the Sixth ARCA Effective Date shall remain outstanding hereunder on the terms set forth herein.

  • The parties acknowledge that each of the Initial Term Loans, Tranche B-1 Term Loans, Tranche B-2 Term Loans, Tranche B-3 Term Loans, Tranche B-4 Term Loans, Tranche B-5 Term Loans and Tranche B-6 Term Loans may be referred to as “Tranche B-6 Loans” solely for administrative and operational purposes of the Administrative Agent, and that such references shall not affect the rights or obligations of the Borrower under the Credit Agreement and the Term Notes.

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  • Except as set forth in this Amendment No. 7, (i) the Tranche B-6 Term Loans shall have identical terms as the Tranche B-4 Term Loans and Tranche B-5 Term Loans and shall otherwise be subject to the provisions of the Credit Agreement, and (ii) the Euro Tranche C-5 Term Loans shall have identical terms as the Euro Tranche C-3 Term Loans and Euro Tranche C-4 Term Loans and shall otherwise be subject to the provisions of the Credit Agreement.

  • The above-mentioned Extending Term Lender hereby irrevocably and unconditionally (i) consents to this Amendment and (ii) agrees that it will extend, exchange and convert all, but not less than all, of the principal amount of its Tranche B-5 Term Loans into Tranche B-6 Term Loans (or the principal amount of Tranche B-6 Term Loans allocated by the Joint Lead Arrangers (with the Borrower’s consent)) pursuant to this Amendment.

  • The Borrower shall repay to the Administrative Agent on the Amendment No. 5 Effective Date for the ratable account of the Amendment No. 5 Non-Converting Lenders an amount equal to the net proceeds of the Borrowings of Additional Tranche B-4 Term Loans and Additional Tranche B-5 Term Loans on the Amendment No. 5 Effective Date and such payment shall be applied to the Tranche B-2 Term Loans held by Amendment No. 5 Non-Converting Lenders on a pro rata basis among such Amendment No. 5 Non-Converting Lenders.

  • On the Amendment Effective Date, the proceeds of the Additional Tranche B-7 Term Loans shall be applied to prepay (i) the Existing Tranche B-5 Term Loans of the Non-Continuing Tranche B-5 Lenders and (ii) the Non-Allocated Existing Term Loans of the Continuing Tranche B-7 Lenders and to pay related fees and expenses.

  • Each prepayment of Term Loans required by Section 5.2(a) shall be applied pro rata among the Tranche B-2 Term Loans, Tranche B-3 Term Loans, Tranche B-4 Term Loans, and Tranche B-5 Term Loans, provided that the Borrower may apply such prepayments on a greater than pro rata basis to Tranche B-2 Term Loans.

  • For U.S. federal income tax purposes, the parties hereto intend to treat (a) all of the Tranche B-6 Term Loans (whether issued for cash or issued in exchange for Tranche B-3 Term Loans or Tranche B-5 Term Loans) as one fungible tranche, and (b) all of the Euro Tranche B-1 Term Loans (whether issued for cash or issued in exchange for Euro Tranche B Term Loans, Tranche B-3 Term Loans or Tranche B-5 Term Loans) as one fungible tranche.


More Definitions of Tranche B-5 Term Loans

Tranche B-5 Term Loans means the Tranche B-5 Term Loans made to the Borrower on the Amendment No. 10 Effective Date.
Tranche B-5 Term Loans has the meaning set forth in the DIP Order.
Tranche B-5 Term Loans means the term loans made pursuant to the Tranche B-5 Incremental Amendment, the terms of which are set forth in this Agreement and in the Tranche B-5 Incremental Amendment.
Tranche B-5 Term Loans appears in such definition.
Tranche B-5 Term Loans means the “Tranche B-5 Term Loans” as defined in Amendment No. 5. The aggregate principal amount of Tranche B- 5 Term Loans as of the Amendment No. 5 Effective Date for all Lenders is $650,000,000.

Related to Tranche B-5 Term Loans

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • 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 Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • 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.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Tranche A Term Loan as defined in Section 2.1.

  • New Term Loans as defined in Section 2.24.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

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

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

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

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Tranche A Term Loan Maturity Date means October 20, 2015.