Tranche B Commitment Termination Date definition
Examples of Tranche B Commitment Termination Date in a sentence
The Tranche A Commitment Termination Date and/or the Tranche B Commitment Termination Date, as the case may be.
The Parent shall repay to the Lenders on the Tranche B Commitment Termination Date the aggregate principal amount of Loans outstanding on such date.
Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make one Tranche B Advance to the Borrower on or before the Tranche B Commitment Termination Date in an aggregate amount not to exceed such Lender's Tranche B Commitment.
Each Term Lender’s Tranche B Term Commitment shall terminate immediately and without any further action upon the making of such Term Loan by such Term Lender or, if earlier, upon the earliest to occur of (x) 5:00 p.m., (New York time) on the Tranche B Commitment Termination Date (the “Tranche B Funding Deadline”) and (y) the Tranche A Funding Deadline if the Effective Date has not occurred by such time.
The Borrower hereby promises to pay to the Administrative Agent for the account of each Tranche B Bank the Tranche B Accommodations Outstanding together with all accrued interest and Fees and all other amounts payable to the Tranche B Banks in connection with this Agreement, on the Tranche B Commitment Termination Date.