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
With respect to each Lender, such Lender’s Tranche A Commitment Percentage and/or Tranche B Commitment Percentage, as the case may be.
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.
If such Bank's Tranche A Commitment Percentage or Tranche B Commitment Percentage, as the case may be, of such borrowing is not in fact made available to the Agent by such Bank within three Business Days of such Borrowing Date, the Agent shall be entitled to recover such amount with interest thereon at the rate per annum applicable to Alternate Base Rate Loans hereunder, on demand, from the Company.
Each such prepayment shall be applied to the Loans of the Tranche B Lenders in accordance with their respective Tranche B Commitment Percentage.
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 $425,000,000.
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 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 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 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 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
Tranche B Commitment Percentage at any time, with respect to any Tranche B Lender, the percentage obtained by dividing such Lender's Tranche B Commitment at such time by the Total Tranche B Commitment at such time (or, if the Tranche B Commitments shall have terminated at such time, the percentage obtained by dividing the outstanding Tranche B Loans made by such Lender at such time by the total outstanding Tranche B Loans made by all Tranche B Lenders at such time).
Tranche B Commitment Percentage as to any Tranche B Lender (a) at any time prior to or on the Closing Date, the percentage which the Tranche B Loan Commitment of such Tranche B Lender then constitutes of the Aggregate Tranche B Loan Commitment or (b) at any time after the Closing Date, the percentage which the Tranche B Loan of such Tranche B Lender then constitutes of the aggregate principal amount of Tranche B Loans then outstanding. "TRANCHE B LENDER": at any date, each bank or other financial institution which holds (prior to the Closing Date) a Tranche B Loan Commitment or (from and after the Closing Date) a Tranche B Loan hereunder; collectively, the "TRANCHE B LENDERS". "TRANCHE B LOAN": as defined in subsection 3.1. "TRANCHE B LOAN COMMITMENT": as to any Tranche B Lender, its obligation to make Tranche B Loans to the Company hereunder in an aggregate principal amount not to exceed the amount set forth opposite such Tranche B Lender's name on Schedule I under the heading "Tranche B Loan Commitment". "TRANCHE B NOTE": as defined in subsection 10.1(e). "TRANSFEREE": as defined in subsection 17.7(f). "TYPE": as to any Loan, its nature as an ABR Loan or a Eurocurrency Loan.