Tranche B Commitment Period definition

Tranche B Commitment Period the period (a) beginning on the first date on which each of the following shall have occurred: (i) the Borrower shall have received at least $[____________] in the aggregate in Contributed Capital in cash subsequent to December 31, 1995, (ii) the Borrower shall have (A) obtained Additional Financing Commitments (as defined below) in an aggregate amount of at least $[____________] and (B) obtained loans or equity contributions (other than Restricted Equity) in cash under Additional Financing Commitments in an aggregate amount of at least $[____________], (iii) the Borrower shall have (A) obtained loans under Vendor Credit Facilities in an aggregate amount of at least $[____________] and (B) obtained loans and commitments under Vendor Credit Facilities in an aggregate amount of at least $[____________], (iv) Systems of the Borrower servicing at least [____________] Covered Pops shall be performing in accordance with industry standards and (v) the Borrower shall have delivered to the Administrative Agent a certificate of a Responsible Officer dated as of such date stating that each of the conditions specified in clauses (i) through (iv) above shall have been satisfied as of such date, and (b) ending on the earlier of (i) the date immediately prior to the commencement of the Tranche C Commitment Period and (ii) the Revolving Credit Termination Date. For purposes of this definition, "Additional Financing Commitments" shall mean commitments to provide debt or cash equity financing (excluding Restricted Equity but including, without limitation, any vendor financing not included in calculating clause (a)(iii)(B) of the definition of Tranche B Commitment Period) to the Borrower under terms and conditions approved by the Administrative Agent, acting reasonably.
Tranche B Commitment Period means the period from and including the Closing Date to but not including the Tranche B Commitment Termination Date.
Tranche B Commitment Period means the period from and including the Effective Date to the date ninety days following the Effective Date.

Examples of Tranche B Commitment Period in a sentence

  • Subject to the terms and conditions set forth herein, each Tranche B Lender severally agrees to make a term loan in Dollars (its “Tranche B Loan”) to the Borrower on any one Business Day (the “Tranche B Borrowing Date”) during the Tranche B Commitment Period in an aggregate principal amount outstanding not to exceed the Tranche B Commitment of such Tranche B Lender and, as to all Tranche B Lenders, in an aggregate principal amount not to exceed US$30,000,000.

  • Subject to the terms and conditions hereof, each Tranche B Lender severally agrees to make revolving credit loans under Tranche B (“Tranche B Loans”) in Dollars to the Borrower from time to time during the Tranche B Commitment Period in an aggregate principal amount at any one time outstanding which does not exceed the amount of such Tranche B Lender’s Tranche B Commitment.

  • The Borrower may make one or more Tranche B Borrowings, which must be made during the Tranche B Commitment Period.

  • No amendment to subsection 2.5 of the Credit Agreement and no amendment to the Credit Agreement which increases the amount of any of the Commitments or which extends the Tranche B Commitment Period or the final maturity date of any of the Loans shall be effective as to Guarantor without its prior written consent.

  • During the Tranche A Commitment Period with respect to Tranche A Revolving Loans, and during the Tranche B Commitment Period with respect to Tranche B Revolving Loans, Borrowers may borrow, repay and reborrow such Revolving Credit Loans in whole or part, all in accordance with terms and conditions of this Agreement.


More Definitions of Tranche B Commitment Period

Tranche B Commitment Period means the period from the date of this Agreement up to and including the Tranche B Term Date.
Tranche B Commitment Period the period commencing on the First Amendment Effective Date and ending on the Tranche B Commitment Termination Date.
Tranche B Commitment Period the period from and including the Closing Date to but not including the Tranche B Termination Date, or such earlier date as the Tranche B Commitments shall terminate as provided herein
Tranche B Commitment Period contained in subsection 1.1 of the Credit Agreement is hereby amended by (i)deleting the amount "$1,600,000,000" contained in clause (a)(iii) (A) thereof and substituting in lieu thereof the amount "$1,300,000,000" and (ii) deleting the number "80,000,000" contained in clause (a) (iv) thereof and substituting in lieu thereof the number "60,000,000".
Tranche B Commitment Period means the period from the date of the first Tranche B Borrowing to June 30, 2024.
Tranche B Commitment Period the period from the Second Restatement Date until the Tranche B Conversion Date.
Tranche B Commitment Period means the period commencing on --------------------------- [October 1, 2000], and ending on and including [March 31, 2001].