Tranche B Exposure definition

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, 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.

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.


More Definitions of Tranche B Exposure

Tranche B Exposure has the meaning specified in the definition ofRequired Lenders.”
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 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, 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, at any time for any Lender, the sum of (a) the principal amount of the of the Tranche B Loans of such Lender outstanding at such time and (b) the LC Exposure of such Lender at such time.
Tranche B Exposure means, at any time, the sum of (a) the aggregate principal amount of all Tranche B Loans outstanding, and (b) the Tranche B Swing Line Exposure.
Tranche B Exposure means, with respect to any Tranche B Lender as of any date of determination (i) prior to the Effective Date, that Lender's Tranche B Commitment and (ii) after the Effective Date, the sum of (a) the principal amount of such Lender's Tranche B Loans then outstanding plus (b) that Lender's undrawn Tranche B Commitments that have not terminated.