Tranche B Bank definition

Tranche B Bank means a Bank with a Tranche B Commitment and/or Tranche B Accommodations Outstanding.
Tranche B Bank means each Bank with a Tranche B Commitment Amount greater than $0.
Tranche B Bank means any Bank that has committed to fund a portion of the Tranche B Loan.

Examples of Tranche B Bank in a sentence

  • Any cancellation in part of the Total Tranche B Commitments shall be applied against the Tranche B Commitment of each Tranche B Bank pro rata.

  • The Tranche B Accommodations Outstanding to each Tranche B Bank at any one time shall not exceed the amount of such Tranche B Bank’s Tranche B Commitment as then in effect.

  • The Borrower hereby promises to pay to the Administrative Agent for the account of each Tranche B Bank the Tranche B Accommodations Outstanding together with all accrued interest and Fees and all other amounts payable to the Tranche B Banks in connection with this Agreement, on the Tranche B Commitment Termination Date.

  • On the Refunding Date, each Tranche B Bank shall transfer to the Swing Lender, in immediately available funds, such Tranche B Bank's Swing Loan Refund Amount, and upon receipt thereof the Swing Lender shall deliver to such Tranche B Bank a Swing Loan participation certificate dated the date of the Swing Lender's receipt of such funds and in the Swing Loan Refund Amount of such Tranche B Bank.

  • Each Tranche B Bank severally agrees to participate with the LC Bank in the extension of credit arising from the issuance of the Secondary Letters of Credit in an amount equal to such Bank's Proportionate Share of the Stated Amount of each Secondary Letter of Credit and the issuance of a Secondary Letter of Credit shall be deemed a confirmation to the LC Bank of such participation in such amount.


More Definitions of Tranche B Bank

Tranche B Bank means a Bank that is a Non-QII Bank.
Tranche B Bank means a Bank that has made a Bank Tranche B Construction Loan."
Tranche B Bank means each Bank having a Tranche B Commitment.
Tranche B Bank meansy any Bank with a Tranche B Commitment.
Tranche B Bank means any Bank with a Tranche B Commitment or, -------------- after the termination of the Tranche B Commitments, any Bank with outstanding Tranche B Loans.
Tranche B Bank means each of the financial institutions party to this Agreement and named as a Tranche B Bank on the signature pages hereof or which becomes a party to this Agreement pursuant to an Assignment and Acceptance from a Tranche B Bank in accordance with Section 12.06 or becomes a Tranche B Bank by virtue of Section 3.06(b).
Tranche B Bank means each Tranche B1 Bank and each Tranche B2 Bank;