Examples of Tranche B Loan Maturity Date in a sentence
All the Capital Stock, as set forth on Schedule 8.12, in the Borrower and each other Credit Party (other than the Parent) is legally and beneficially owned directly or indirectly by the Parent and, except as permitted by Section 10.02, such structure shall remain so until the later of the Tranche A Loan Maturity Date and the Tranche B Loan Maturity Date.
Each Note issued to a Bank shall (x) be payable to the order of such Bank, (y) be dated the Closing Date, and (z) mature on the Tranche A Loan Maturity Date, the Tranche B Loan Maturity Date or the Revolving Loan Maturity Date, as applicable.
The Tranche B Loan shall mature on the Tranche B Loan Maturity Date and shall be due and payable in full on such date, without premium or penalty, by the Borrower, in an amount equal to the Tranche B Commitment on such date.
The aggregate outstanding principal amount of Tranche B Loans and accrued interest thereon which remain unpaid on the Tranche B Loan Maturity Date, or such earlier date as payment may be due by reason of prepayment, acceleration or otherwise, shall be paid in full on such date.
The Tranche B Commitment Fee shall be payable quarterly in arrears on the first day of each calendar quarter for the immediately preceding calendar quarter commencing on the first such date following the date hereof, with a final payment on the Tranche B Loan Maturity Date or any earlier date on which the Tranche B Commitments shall terminate.
Each Note issued to a Lender shall (x) be payable to the order of such Lender, (y) be dated the Closing Date, and (z) mature on the Tranche A Loan Maturity Date, the Tranche B Loan Maturity Date or the Revolving Loan Maturity Date, as applicable.
The following definitions are hereby deleted from Section 1.1 of the Credit Agreement and all references to such defined terms contained in the Credit Agreement are hereby deleted: "Total Tranche B Commitment"; "Tranche B Commitment"; "Tranche B Commitment Fee"; "Tranche B LIBOR Rate Loans"; "Tranche B Loans"; "Tranche B Loan Maturity Date"; "Tranche B Loan Request"; "Tranche B Notes"; and "Tranche B Note Record".
The Utilization Fee shall be payable quarterly in arrears on the first day of each calendar quarter for the immediately preceding calendar quarter commencing on the first such date following the date hereof, with a final payment on the later of the Tranche A Loan Maturity Date and the Tranche B Loan Maturity Date, or on any earlier date on which both of the Total Tranche A Commitment and the Total Tranche B Commitment, shall terminate.
The Borrower promises to pay on the Tranche B Loan Maturity Date, and there shall become absolutely due and payable on the Tranche Loan Maturity Date, all of the Tranche B Loans outstanding on such date, together with any and all accrued and unpaid interest thereon.