Tranche B Commitment Amount definition

Tranche B Commitment Amount means, with respect to each Bank, the amount set forth opposite the name of such Bank on Schedule 1 attached hereto under the heading, “Tranche B Commitment Amount”, as such amount may be reduced from time to time pursuant to Section 2.5 or reduced or increased from time to time pursuant to Section 8.6; and “Tranche B Commitment Amounts” means, as of any date, the aggregate of all such amounts on such date. On the Effective Date the aggregate Tranche B Commitment Amounts equal $500,000,000.
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Tranche B Commitment Amount means, on any date, the sum of $420,000,000 and Euro 159,429,092 (it being understood that the Commitments of Nordea Bank Finland plc, New York Branch, and Skandinaviska Enskilda Xxxxxx XX (publ) are denominated in Dollars and the Commitment of BNPPF is denominated in Euro).
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Tranche B Commitment Amount means, at any time (a) the Aggregate Commitment at such time MINUS (b) the Tranche A Loan Limit at such time.
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Examples of Tranche B Commitment Amount in a sentence

  • Each Prospective Bank that accepts the Borrower’s offer to extend a Tranche A Commitment Amount and/or Tranche B Commitment Amount shall become a party to this Agreement on such date or dates as may be mutually satisfactory to such Prospective Bank, the Borrowers and the Administrative Agent, subject to the Administrative Agent’s receipt of a duly completed and executed Accession Agreement substantially in the form of Exhibit H hereto.

  • The Administrative Agent shall give prompt notice to each Bank of (A) any increase in any Bank’s Tranche A Commitment Amount and/or Tranche B Commitment Amount and (B) the Commitment of any additional Bank, in each case under this Section 2.17.

  • On the terms and subject to the conditions of this Agreement, the Lender agrees to make a term loan (the “Tranche B Loan”) to the Borrower on the Tranche B Closing Date in an amount corresponding to the Tranche B Commitment Amount.

  • Payment of the Commitment Fee to the Tranche B Lenders that have committed to Loans denominated in Dollars shall be allocated by the Administrative Agent on the basis of each Lender’s ratable share of the unused portion of the Tranche B Commitment Amount that is committed to be denominated in Dollars for the actual number of days elapsed.

  • On the terms and subject to the conditions of this Agreement, the Lender agrees to make a term loan (the “Delayed Draw Tranche B Loan”) to the Borrower on the Delayed Draw Tranche B Closing Date in an amount equal to (but not less than) the Delayed Draw Tranche B Commitment Amount.


More Definitions of Tranche B Commitment Amount

Tranche B Commitment Amount means $25,000,000 as reduced from time to --------------------------- time pursuant to the provisions of Section 2.2.
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Tranche B Commitment Amount means $10,000,000 as such amount may be reduced pursuant to the terms of this Agreement.
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Tranche B Commitment Amount means $0.
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Tranche B Commitment Amount means $8,750,000, subject to reduction and reinstatement as set forth in clause (g) of Section 2.1.
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Tranche B Commitment Amount means $10,000,000, as reduced from time to time pursuant to the provisions of SECTION 2.2.
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Tranche B Commitment Amount means $2,500,000, as reduced from time to time pursuant to the provisions of Section 2.2.
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Tranche B Commitment Amount means, subject to the terms and conditions --------------------------- of this Agreement (including Section 2.2), $125,000,000. -----------
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