Tranche B Holders definition

Tranche B Holders means Holders, as that term is defined in the Tranche B Indenture.
Sample 1Sample 2Sample 3

Examples of Tranche B Holders in a sentence

  • The Tranche B Trustee further agrees, on behalf of itself and the Tranche B Holders, that it shall not (and hereby waives any right to) take any action to contest or challenge the validity, priority, enforceability or perfection of the Liens of the Banks on the Collateral.

  • Except as expressly set forth herein, nothing in this Agreement shall be deemed to alter, impair or limit the obligations of the Company, or the rights of the Bank Agent or the Banks, the rights of the Tranche A Trustee and the Tranche A Holders or the rights of the Tranche B Trustee and the Tranche B Holders, as the case may be, under the Bank Credit Facility or the respective Indentures.

  • The initial Collateral Agent has been authorized and directed to enter into this Agreement and to act as such by the Holders as provided in the Indentures, and each of the Tranche A Trustee and the Tranche B Trustee has been authorized and directed to enter into this Agreement and to act as the Junior Secured Creditor as provided herein by the Tranche A Holders or the Tranche B Holders, as the case may be, as provided in the Tranche A Indenture and the Tranche B Indenture, respectively.

  • No modification or waiver of any of the provisions of this Guaranty shall be binding upon any of the Holders or the Collateral Agent, except as expressly set forth in a writing duly signed and delivered by the Collateral Agent and the Requisite Tranche B Holders.

  • Anything to the contrary in the Tranche A Note, Tranche B Note and the other Note Documents notwithstanding, the Agent and the Holders hereby agree that, so long as the payment priority provision provided in Section 5(b) hereof is not then applicable, each scheduled amortization payment set forth in Section 14 of the Tranche B Note shall be permitted to be paid by the Issuer to the Tranche B Holders (for the avoidance of doubt, together with any Make-Whole Amount thereon).

  • If no successor Administrative Agent shall have been so appointed by the Majority Tranche A Holders or the Majority Tranche B Holders, as the case may be, and shall have accepted such appointment within 30 days after the retiring Administrative Agent’s giving of notice of resignation, then the retiring Administrative Agent may, on behalf of the Loan Participants, appoint a successor Administrative Agent.

  • The Issuance of Tranche B Notes shall be made to the several Tranche B Holders ratably in proportion to their respective Tranche B Commitments.

  • Each of Buyer, Maritima, Sellers and First Reserve shall vote or cause to be voted its shares and the shares of its Affiliates in, and shall take or cause to be taken all actions that may be taken as a result of its direct or indirect interests in, each Joint Venture Company to cause that Joint Venture Company to comply with its duties, liabilities, covenants and obligations under, and in connection with, this Agreement and the other Transaction Documents.

  • Each Tranche B Holder severally agrees, on the terms and conditions set forth in this Agreement, to purchase a single Tranche B Note from Savia on the Closing Date in an amount not to exceed such Tranche B Holder's Tranche B Commitment.

Related to Tranche B Holders

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Majority Revolving Lenders at any time, (a) if only one Revolving Lender holds the Total Revolving Commitments at such time, such Revolving Lender, both before and after the termination of such Revolving Commitment; and (b) if more than one Revolving Lender holds the Total Revolving Commitment, at least two Revolving Lenders who hold more than 50% of the Total Revolving Commitments (including, without duplication, the L/C Commitments) or, at any time after the termination of the Revolving Commitments when such Revolving Commitments were held by more than one Revolving Lender, at least two Revolving Lenders who hold more than 50% of the Total Revolving Extensions of Credit then outstanding (including, without duplication, any L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time)); provided that the Revolving Commitments of, and the portion of the Revolving Loans and participations in L/C Exposure and Swingline Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.

  • Existing Holders shall have the meaning given in the Preamble.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Note B Holder means with regards to any B Note, the Initial Note Holder or any subsequent holder of such B Note, as applicable.

  • Eligible Holders has the meaning set forth in Section 2.01(a).

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Majority Participating Holders means Participating Holders holding more than 50% of the Registrable Securities proposed to be included in any offering of Registrable Securities by such Participating Holders pursuant to Section 2.1 or Section 2.2.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Majority in Interest of Note Holders means as of a particular date of determination, the holders of a majority in aggregate unpaid Original Amount of all Equipment Notes outstanding as of such date (excluding any Equipment Notes held by Owner or any of its Affiliates (unless all Equipment Notes then outstanding shall be held by Owner or any Affiliate of Owner); provided that for the purposes of directing any action or casting any vote or giving any consent, waiver or instruction hereunder, any Note Holder of an Equipment Note or Equipment Notes may allocate, in such Note Holder’s sole discretion, any fractional portion of the principal amount of such Equipment Note or Equipment Notes in favor of or in opposition to any such action, vote, consent, waiver or instruction.

  • Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche C Loan has the meaning specified in Section 2.01(c).