Examples of Tranche B Euro Term Loans in a sentence
Upon satisfaction or waiver of the conditions precedent specified herein, Administrative Agent shall make the proceeds of the Tranche B Dollar Term Loans and Tranche B Euro Term Loans available to Parent Borrower on the Second Restatement Effective Date by causing an amount of Same Day Funds equal to the proceeds of all such Loans received by Administrative Agent from Lenders to be credited to such accounts as may be designated in writing to Administrative Agent by Parent Borrower.
The Tranche B Euro Term Loans will be Eurocurrency Loans in Euros.
The City shall not be liable to the Tenant or its agents, employees, contractors, invitees, successors or assigns or to any other person for any injury, loss, damage or inconvenience occasioned by any cause whatsoever unless due to the willful or negligent acts or omissions of the City, its agents or employees subject to any and all protections, defenses, immunities or limitations of liabilities available to the City, whether authorized by contract, law or otherwise.
The proceeds of the Tranche B Term Loans and Tranche B Euro Term Loans shall be used to finance a portion of the Acquisition, including the refinancing of certain existing indebtedness of the Target and to pay the Transaction Costs.
The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, one Business Day prior to the anticipated Restatement Effective Date) requesting that the Tranche B Term Euro Loan Lenders make the Tranche B Euro Term Loans on the Restatement Effective Date and specifying the amount to be borrowed.
The Tranche B Euro Term Loans to be made by each Lender will be made by such Lender in accordance with Section 2.09 hereof in the aggregate amount of its Tranche B Euro Term Commitment.
The amount of each principal prepayment of the Term Loans and the Incremental Term Loans shall be applied to reduce the then remaining installments of such Term Loans, pro rata based upon the then remaining principal amount thereof (with any Tranche B Euro Term Loans being converted at such time into Dollars solely for this purpose at the Dollar Equivalent of such Tranche B Euro Term Loans).
The Tranche B Euro Commitments of each Tranche B Euro Lender shall automatically and permanently be reduced to €0 upon the funding of Tranche B Euro Term Loans on the Effective Date.
Not later than 12:00 Noon, New York City time (or in the case of the Tranche B Euro Term Loans, 11:00 A.M., London time), on the Closing Date each Term Lender having an obligation to make a Term Loan on the Closing Date shall make available to the Administrative Agent at the relevant Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender.
Each Lender delivering a Consent to this Amendment hereby irrevocably waives its right to receive any payments under Section 2.18(c) of the Credit Agreement as a result of its Tranche B Dollar Term Loans and Tranche B Euro Term Loans, as applicable, being repaid on the Amendment No. 1 Dollar Term Loan Effective Date and Amendment No. 1 Euro Term Loan Effective Date, respectively, and not on the last day of the Interest Period applicable thereto.