Examples of Tranche B Euro Term Loans in a sentence
The Euro Term Commitment of each Euro Term Lender shall be automatically and permanently reduced to $0 upon the conversion of all or a portion of such Euro Term Lender’s Euro Term Loans into Tranche B Euro Term Loans pursuant to Section 2.01(c).
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.
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 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 Restatement Effective Date.
Simultaneously with the making of the Tranche B1 Euro Term Loans, the French Borrower shall have paid to all the Tranche B Euro Term Lenders all accrued and unpaid interest on the Tranche B Euro Term Loans to the Repricing Effective Date plus any loss or expense pursuant to Section 2.16 of the Credit Agreement.
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 Tranche B Euro Term Loans shall be payable in equal quarterly installments on the last Business Day of each of December, March, June, and September following the Closing Date in an amount equal to one quarter of one percent (0.25%) of the Tranche B Euro Loans funded on the Closing Date, with the remaining balance thereof payable on the Term Maturity Date.
Subject to the terms and conditions set forth herein, each German Tranche B Euro Term Lender made German Tranche B Euro Term Loans on the Original Closing Date to the German Borrower in an amount equal to such German Tranche B Euro Term Lender’s German Tranche B Euro Term Commitment.
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.
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.