Tranche B Obligations definition

Tranche B Obligations means, at any time, the sum, without duplication, of (a) the Tranche X X/C Obligations plus (b) the aggregate outstanding principal amount of Revolving Loans.
Tranche B Obligations means (a) the due and punctual payment of principal of and interest on (subject to the provisos to Section 2.05(b)) the Tranche B Loans and (b) the due and punctual payment of all other present and future, fixed or contingent, monetary obligations of the Borrower and the Guarantors to GM with respect to the Tranche B Loans under this Agreement.

Examples of Tranche B Obligations in a sentence

  • Pursuant to the Tranche A Collateral Documents and the Tranche B Collateral Documents, the Company has agreed to pledge and grant security interests in the Collateral as security for the Tranche A Obligations and the Tranche B Obligations, respectively.

  • All payments or repayments of Tranche B Obligations shall be made in Dollars.

  • Accordingly, such Net Cash Proceeds will not be applied to the repayment of the Obligations or the Tranche B Obligations to the extent they are actually so invested.

  • Notwithstanding anything herein to the contrary, the Borrower shall repay all Tranche B Obligations on the Tranche B Maturity Date.

  • The Lenders and the Credit Parties covenant and agree that none of the Tranche B Obligations shall at any time be secured by any interest in, Lien on, security interest in or right in or to the JV Holding Sub’s right, title and interest in the JV Interests, any “Common Collateral” (as defined in the Intercreditor Agreement), or any portion thereof.


More Definitions of Tranche B Obligations

Tranche B Obligations means (i) all present and future obligations of the Company under the Tranche B Indenture and the Tranche B Notes, including in respect of the principal of, and interest (including interest accruing after the occurrence and during the continuance of any Default, whether or not a claim for post-filing or post-petition interest is allowed or allowable under applicable law following the institution of any Insolvency or Liquidation Proceeding) and premium, if any, on the Tranche B Notes, purchase price of Tranche B Notes, fees, reimbursement and indemnification obligations (including fees and expenses of the Tranche B Trustee payable under the Tranche B Indenture and under the Tranche B Collateral Documents) and all other amounts outstanding under the Tranche B Indenture or the Tranche B Notes (including all such amounts which would become due but for the operation of the automatic stay under Section 362(a) of the United States Bankruptcy Code or the operation of Sections 502(b) and 506(b) of the United States Bankruptcy Code), and (ii) all present and future obligations of the Company under the Tranche B Collateral Documents, in each case as the same may be amended, supplemented or otherwise modified and in effect from time to time (including fees and expenses of the Tranche B Trustee payable under the Tranche B Indenture and the Tranche B Collateral Documents).
Tranche B Obligations means all Obligations other than Tranche A Obligations.
Tranche B Obligations. The aggregate of Tranche B Debt and Tranche B Fees.
Tranche B Obligations means the sum of the Tranche B Loan Balances of all Tranche B Loans.
Tranche B Obligations. Obligations owed to a Tranche B Purchaser.
Tranche B Obligations has the meaning assigned to such term in the Security Documents.