Tranche B Exposure definition

Tranche B Exposure as to any Lender at any time, an amount equal to the sum of (a) the Dollar Equivalent of the outstanding aggregate amount of such Lender's Tranche B Loans at such time and (b) such Lender's Applicable Percentage of the Tranche X X/C Obligations then outstanding.
Tranche B Exposure has the meaning specified in the definition ofRequired Lenders.”

Examples of Tranche B Exposure in a sentence

  • Therefore, a large-scale construction project contracted by a nonresident enterprise that takes a year or more to complete will usually give rise to a resident branch.

  • On or before the Eighth Amendment Effective Date, Administrative Agent shall have received for distribution to each Lender that has executed the Eighth Amendment on or prior to such date under the Credit Agreement a non-refundable amendment fee equal to 0.125% of the sum of such Lender's (i) Revolving Loan Exposure, (ii) Existing Term Loan Exposure, (iii) Tranche A Exposure, and (iv) Tranche B Exposure, in effect as of the date hereof.


More Definitions of Tranche B Exposure

Tranche B Exposure means, with respect to each Bank, the amount of its Tranche B Commitment, if still in existence, or the aggregate outstanding principal amount of its Tranche B Loans, if its Tranche B Commitment is no longer in existence.
Tranche B Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender's Tranche B Term Loans at such time.
Tranche B Exposure means, as to any Lender, (i) at any time before the termination of its Tranche B Commitment in its entirety, the amount of its Tranche B Commitment at such time; or (ii) at any time thereafter, if its Tranche B Commitment has terminated in its entirety, its Outstanding Tranche B Amount, all determined at such time after giving effect to any prior assignments by or to such Lender pursuant to Section 11.06(c).
Tranche B Exposure means, with respect to any Lender at any time, the Dollar Equivalent of the aggregate principal amount at such time of all outstanding Tranche B Loans of such Lender.
Tranche B Exposure means, with respect to any Tranche B Lender, as of any date of determination, the outstanding principal amount of the Tranche B Loans of such Lender; provided, at any time prior to the making of the Tranche B Loans, the Tranche B Loan Exposure of any Lender shall be equal to such Lender’s Tranche B Commitment.
Tranche B Exposure means, at any time, the sum of (a) the aggregate principal amount of all Tranche B Loans outstanding, and (b) the aggregate principal amount of all Swing Loans outstanding under subpart 2 of Section 2.
Tranche B Exposure means, as of any date of determination, the sum of (i) the Tranche B Revolving Loans outstanding and (ii) all interest, fees and Indemnified Expenses related thereto.