Tranche B Banks definition

Tranche B Banks has the meaning specified in the preamble hereto.
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Tranche B Banks mean the Syndicated Banks that provide the Tranche B Facility to the Borrower.
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Tranche B Banks. The Banks funding the Tranche B Loans, as designated on SCHEDULE 1.1 attached hereto.
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Examples of Tranche B Banks in a sentence

  • Each Borrowing under this Section 2.1(a) shall be made from the several Tranche A Banks pro rata in accordance with such Bank’s Tranche A Commitment Percentage and from the several Tranche B Banks pro rata in accordance with such Bank’s Tranche B Commitment Percentage.

  • Each Borrowing of Tranche B Loans under this Agreement shall be made to the Borrower on the same day rateably by the Tranche B Banks and shall be in the aggregate minimum amount of $5,000,000 or a larger whole multiple of $1,000,000.

  • 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.

  • 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.

  • In addition, the Committee member noted that the lengthier that a document is, there may be more complexity in ensuring accessibility.

  • Xxxxx y Xxxxxxxxx-Espana The Tranche B Banks X.X. XXXXXX BANK, S.A. (formerly THE CHASE MANHATTAN BANK C.M.B., S.A.) By: ................................

  • On the Tranche B Effective Date (i) the Pre-Petition Letters of Credit shall be deemed for all purposes to be Letters of Credit issued pursuant to this Section 2.03(b) (each, a "Tranche B Letter of Credit" and collectively, the "Tranche B Letters of Credit"), and (ii) each Tranche B Bank shall be deemed to have purchased from the Fronting Bank, a participation in the Tranche B Letters of Credit in an amount equal to such Tranche B Bank's Tranche B Commitment Percentage, as set forth on Annex A hereto.

  • The Tranche B Agent shall, upon becoming aware that the circumstances causing any such suspension no longer apply, promptly so notify the Company, provided that the failure of the Tranche B Agent to so notify the Company shall not impair the rights of the Tranche B Banks under this Section 3.02(c) or expose the Tranche B Agent to any liability.

  • All Fees shall be paid on the dates due (and in the case of the Fees provided for in Section 2.19, shall be earned on the date of the entry of the Interim Order), in immediately available funds, to the Agent for the respective accounts of the Agent, the Collateral Monitor, the Tranche A Banks and Tranche B Banks, as the case may be, as provided herein.

  • Notwithstanding the foregoing, the Note Purchaser shall not be required to purchase the Notes to be issued on the Initial Funding Date or to advance funds to be advanced to or for the benefit of the New Partners under such Notes on the Initial Funding Date unless the New Partners simultaneously fund the Equity Investment to be made on the Initial Funding Date and the Tranche B Banks simultaneously advance the Tranche B Loan to be advanced on the Initial Funding Date.


More Definitions of Tranche B Banks

Tranche B Banks means the Banks listed on Schedule 2 hereto and any assignees of such Banks or New Banks which hereafter become parties hereto having a Tranche B Commitment pursuant to and in accordance with Section 10.8(b) or 10.8(d) hereof; and "Tranche B Bank" shall mean any one of the foregoing Banks.
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Tranche B Banks means, those Banks identified from time to time as Tranche B Banks on the signature page to this Agreement.
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Tranche B Banks is defined in the introductory paragraph of the Credit Agreement. .
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Related to Tranche B Banks

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

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

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

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

  • Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

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

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • 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.

  • 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 A Lenders means the Lenders who hold Tranche A Loans or who have Tranche A Commitments.

  • 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 A Facility means the aggregate of the Tranche A Commitments.

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

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

  • 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 Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

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

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • 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 C Loan has the meaning specified in Section 2.01(c).

  • 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.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to: