Tranche B-7 Term Loan definition

Tranche B-7 Term Loan has the meaning specified in Section 2.01.
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Tranche B-7 Term Loan means, collectively, (i) a Term Loan in Dollars made pursuant to Section 2.1(j)(i) on the Amendment No. 11 Effective Date and (ii) each Additional Tranche B-7 Term Loan.
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Tranche B-7 Term Loan has the meaning specified in Section 2.01. “Tranche B-7 Term Loan Borrowers” means PSP and MacDermid. “Tranche B-7 Term Loan Commitment” means, as to each Tranche B-7 Term Loan Lender, its obligation to make Tranche B-7 Term Loans to the Tranche B-7 Term Loan Borrowers (i) pursuant to Section 2.01 in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Tranche B-7 Term Loan Lender’s name on Schedule 2.01 under the caption “Tranche B-7 Term Loan Commitment”, (ii) in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, and (iii) pursuant to Section 2.14 in an aggregate principal amount at any one time outstanding not to exceed the amount agreed to by such Tranche B-7 Term Loan Lender in compliance with Section 2.14, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate amount of Tranche B-7 Term Loan Commitments on the Amendment No. 8 Funding Date is $680,000,000. “Tranche B-7 Term Loan Facility” has the meaning specified in the definition of “Facility”. “Tranche B-7 Term Loan Lender” means, at any time, any Lender that has a Tranche B-7 Term Loan Commitment or an outstanding Tranche B-7 Term Loan at such time.
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Examples of Tranche B-7 Term Loan in a sentence

  • Subject to and upon the terms and conditions herein set forth, each Additional Tranche B-7 Term Loan Lender severally agrees to make Additional Tranche B-7 Term Loans in Dollars to the Borrowers on the Amendment No. 11 Effective Date in a principal amount not to exceed its Additional Tranche B-7 Term Loan Commitment on the Amendment No. 11 Effective Date.


More Definitions of Tranche B-7 Term Loan

Tranche B-7 Term Loan means a Loan made pursuant to Section 2.01(g)(ii).
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Related to Tranche B-7 Term Loan

  • 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.

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

  • 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.