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.
Chief Kazian said it is remarkable to have this type of care in our “back yard”; he praised SFD’s team effort in these results.Mr. Montgomery commented he has been in the medical field for 25 years and has never seen such a great number for cardiac arrests; he said as a former paramedic, he knows what SFD does in the field and it is spectacular.
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.