Tranche B Borrowing Date definition

Tranche B Borrowing Date means a Borrowing Date in respect of Tranche B Loans.
Tranche B Borrowing Date shall have the meaning set forth in Section 2.1(b).
Tranche B Borrowing Date shall have the meaning provided in Section 4B.

Examples of Tranche B Borrowing Date in a sentence

  • A certificate, dated as of the Tranche B Borrowing Date and signed by a Responsible Officer of the Borrower, confirming compliance with the conditions set forth in subsections (c), (d) and (f) of this Section 6.03.

  • A certificate, dated as of the Tranche B Borrowing Date and signed by a Responsible Officer of each Obligor, confirming compliance with the conditions set forth in subsections (c), (d) and (f) this Section 6.02.

  • Except as provided in subsection (e) above, each and every one of the representations of the Co-Borrowers and of the Joint and Several Obligors pursuant to this Agreement and/or pursuant to the other Loan Documents shall be true, complete, and correct in all aspects on and as of the Tranche B Borrowing Date, as if such representations were made on such Tranche B Borrowing Date, which the Co-Borrowers and the Joint and Several Obligors shall note and certify in writing in the relevant Borrowing Request.

  • A certificate, dated as of the Tranche B Borrowing Date and signed by a Responsible Officer of Borrower, confirming compliance with the conditions set forth in this Section 6.02.

  • The Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that the Obligors have achieved Core Product Revenue of at least $215,000,000 for any twelve (12) consecutive month period prior to the Tranche B Borrowing Date.

  • All of the conditions specified in Section 4A shall exist as of the Tranche B Borrowing Date (except to the extent that any of such conditions are required to be satisfactory to or determined by the Lender except to the extent waived by the Lender).

  • If and to the extent any Tranche B Bank shall not have made its full amount available to the Administrative Agent in immediately available funds and the Administrative Agent in such circumstances has made available to a Borrower such amount, that Tranche B Bank shall on the Business Day following such Tranche B Borrowing Date make such amount available to the Administrative Agent, together with interest at the Federal Funds Rate for each day during such period.

  • The failure of any Tranche B Bank to make any Tranche B Loan on any Tranche B Borrowing Date shall not relieve any other Tranche B Bank of any obligation hereunder to make a Tranche B Loan on such Tranche B Borrowing Date, but no Tranche B Bank shall be responsible for the failure of any other Tranche B Bank to make the Tranche B Loan to be made by such other Tranche B Bank on any Tranche B Borrowing Date.

  • On the Tranche B Borrowing Date and also after giving effect to the transactions contemplated hereby and the Tranche B Bridge Loans made on the Tranche B Borrowing Date, (i) there shall exist no Default or Event of Default and (ii) all representations and warranties contained herein and in the other Credit Documents shall be true and correct in all material respects with the same effect as though such representations and warranties had been made on and as of the Tranche B Borrowing Date.

  • The Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that the Borrower has achieved Net Revenue of at least $65,000,000 for any twelve (12) consecutive month period prior to the Tranche B Borrowing Date.


More Definitions of Tranche B Borrowing Date

Tranche B Borrowing Date means the first day of each Tranche B ------------------------ Interest Period during the term of this Agreement with the initial Tranche B Borrowing Date being the Effective Date.
Tranche B Borrowing Date means any date on which a Tranche B Borrowing occurs under subsection 2.3(b). "Tranche A Commitment," as to each Tranche A Bank, has the meaning specified in subsection 2.1(a). As of the date of this Agreement, the amount of the combined Tranche A Commitments of all Tranche A Banks is $112,500,000. "Tranche B Commitment," as to each Tranche B Bank, has the meaning specified in subsection 2.1(b). As of the date of this Agreement, the amount of the combined Tranche B Commitments of all Tranche B Banks is $37,500,000.

Related to Tranche B Borrowing Date

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

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

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

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

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

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

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

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

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

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

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.