Examples of Tranche B Amount in a sentence
During the Draw Period, Borrower may request one (1) additional Term Loan Advance in an amount of up to the Tranche B Amount.
Payable in arrears and fully earned on the first day of each month during the term of this Agreement, (i) for the ratable benefit of the Tranche A Lenders, an unused line fee in an amount equal to 0.5% per annum times the Average Unused Portion of the Maximum Tranche A Amount, and (ii) for the ratable benefit of the Tranche B Lenders, an unused line fee in an amount equal to 0.5% per annum times the Average Unused Portion of the Maximum Tranche B Amount.
Subject to the terms and conditions set forth in this Agreement, each Lender severally agrees to make Tranche B Loans to the Borrowers from time to time during the period from and including the Tranche B Commencement Date to but excluding the Commitment Termination Date; provided that, immediately after each such Tranche B Loan is made, such Lender's Outstanding Tranche B Amount shall not exceed its Tranche B Commitment.
During the 2016 Draw Period, Borrower may request one (1) additional 2016 Term Loan Advance in an amount of up to the 2016 Tranche B Amount.
The Tranche B Loans of each Tranche B Bank shall be evidenced by a promissory note of the Borrower (the "Tranche B Notes"), substantially in the form of EXHIBIT A-2 hereto, in the Tranche B Amount of each such Tranche B Bank.