Tranche B Commitment Percentage definition

Tranche B Commitment Percentage means, at any time, with respect to each Tranche B Lender, the percentage obtained by dividing its Tranche B Commitment at such time by the Total Tranche B Commitment.
Tranche B Commitment Percentage as to any Tranche B Lender at any time, the percentage of the Tranche B Commitments then constituted by such Tranche B Lender's Tranche B Commitment (or, after the Tranche B Term Loans are made, the percentage of the aggregate Tranche B Term Loans then constituted by such Tranche B Lender's Tranche B Term Loan).
Tranche B Commitment Percentage means at any time, with respect to each Lender, the percentage obtained by dividing its Tranche B Commitment at such time by all Tranche B Commitments at such time.

Examples of Tranche B Commitment Percentage in a sentence

  • Upon the satisfaction (or waiver) of the conditions set forth in Section 4.03, each Tranche B Lender shall make its portion of the Tranche B Loan to the Borrower in the amount equal to such Tranche B Lender’s Tranche B Commitment Percentage of $423,135,000.

  • Tranche A-1 Commitment Percentage Tranche A-2 Commitment Tranche A-2 Commitment Percentage Tranche B Commitment Tranche B Commitment Percentage Bank of America, N.A. £557,000,000.00 100.000000000% £150,000,000.00 100.000000000% $250,000,000.00 100.000000000% Total £557,000,000.00 100.000000000% £150,000,000.00 100.000000000% $250,000,000.00 100.000000000% SCHEDULE 5.06 LITIGATION None.


More Definitions of Tranche B Commitment Percentage

Tranche B Commitment Percentage as to any Bank, the percentage of the aggregate Tranche B Commitments constituted by such Bank's Tranche B Commitment.
Tranche B Commitment Percentage means as to any Tranche B Bank at any time, the percentage which such Tranche B Bank’s Tranche B Commitment then constitutes of the Aggregate Tranche B Commitment Amount (or, at any time after the Commitments of all the Tranche B Banks shall have expired or terminated, the percentage which the aggregate principal amount of such Bank’s Tranche B Loans then outstanding (plus the amount of its participation interest in any Unrefunded Swing Line Advances that are Tranche B Swing Line Advances) constitutes of the aggregate principal amount of the Tranche B Loans of all the Banks then outstanding); provided that when a Defaulting Bank shall exist, “Tranche B Commitment Percentage” shall mean the percentage of the Aggregate Tranche B Commitment Amount (disregarding any Defaulting Bank’s Commitment) represented by such Bank’s Tranche B Commitment; and, if the Tranche B Commitments have terminated or expired, the Tranche B Commitment Percentages shall be determined based upon the Tranche B Commitments most recently in effect (disregarding the Tranche B Commitment Amount of any Bank that is a Defaulting Bank at the time of determination).
Tranche B Commitment Percentage means, as to any Lender, the percentage equivalent of such Lender's Tranche B Commitment, if any, divided by the Aggregate Tranche B Commitment.
Tranche B Commitment Percentage means, as to any Tranche B Lender at any time, the percentage which such Tranche B Loan Commitment then constitutes of the Loan Commitment (or, at any time after the Loan Commitment shall have expired or terminated, the percentage which the aggregate principal amount of such Tranche B Loans then outstanding constitutes of the aggregate principal amount of the Loans then outstanding).
Tranche B Commitment Percentage means, as to any Bank, the percentage equivalent of such Bank's Tranche-B Commitment divided by the aggregate of the Tranche-B Commitments for all Banks.
Tranche B Commitment Percentage as to any Lender, the percentage set forth in Schedule 1.1C hereto (or if, at any time after the initial Borrowing Date, if all of the LendersTranche B Commitments have been reduced to zero, the percentage which the aggregate amount of such Lender’s Tranche B Advance then outstanding constitutes of the aggregate amount of Lenders’ Tranche B Advances then outstanding).
Tranche B Commitment Percentage means, as to each Tranche B Lender, the ratio, expressed as a percentage, of (a) the amount of such Tranche B Lender's Tranche B Commitment to (b) the aggregate amount of the Tranche B Commitments of all Tranche B Lenders hereunder; PROVIDED, HOWEVER, that if at the time of determination the Tranche B Commitments have terminated or been reduced to zero, the "Tranche B Commitment Percentage" of each Tranche B Lender shall be the Tranche B Commitment Percentage of such Tranche B Lender in effect immediately prior to such termination or reduction.