Examples of Tranche B Borrower in a sentence
The obligation of each Tranche B Borrower to pay the Tranche B Commitment Fee shall be ratable based on the proportion such Tranche B Borrower’s allocation as set forth in the Allocation Notice then in effect bears to the allocations of all Tranche B Borrowers, in the aggregate, as set forth in the Allocation Notice then in effect.
The Borrower shall give the Agent notice pursuant to a Notice of Tranche B Borrowing or telephonic notice of each borrowing of Tranche B Loans, identifying the respective Tranche B Borrower that will borrow such Tranche B Loan.
The Joinder pursuant to which an Additional Borrower becomes a Borrower under this Agreement shall specify whether such Additional Borrower is a Tranche A Borrower or a Tranche A Borrower and a Tranche B Borrower.
Each Subsidiary Guarantor of Tranche B Borrower and MAS is, and after giving effect to the incurrence of all Indebtedness and Obligations being incurred in connection herewith and therewith will be and will continue to be, Solvent.
Each Guarantor that is a Foreign Subsidiary of Parent and, on and after the Tranche B Closing Date, the Tranche B Borrower, agrees that the failure by Holdings or any other duly appointed agent for service of process to notify such Person of such process will not invalidate the proceedings concerned.