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.