Tranche B Percentage definition

Tranche B Percentage means, with respect to any Tranche B Lender at any time, the percentage of the aggregate Tranche B Commitments represented by such Tranche B Lender’s Tranche B Commitment at such time; provided that if the Tranche B Commitments have expired or been terminated, the Tranche B Percentages shall be determined on the basis of the Tranche B Commitments most recently in effect, giving effect to any assignments.

Tranche B Percentage means 100% minus the Tranche A Percentage.

Tranche B Percentage means (a) with respect to each Participant at any time prior to the Completion Date, the percentage set forth under the caption "Tranche B Percentage" opposite such Participant's name in Part A(1) of Schedule I and (b) with respect to each Participant at any time on or after the Completion Date, the percentage set forth under the caption "Tranche B Percentage" opposite such Participant's name in Part A(2) of Schedule I; or in the case of either such percentage, if changed, such percentage as may be set forth for such Participant in the Register.

Examples of Tranche B Percentage in a sentence

• Accordingly, the initial Tranche B Percentage Share of each Tranche B Lender in the Tranche B Maximum Credit Amount will be the same as the initial Percentage Share of such Lender in the Canadian Maximum Credit Amount.

• At or before 12:00 noon (local time of Assignor Participant) on the Assignment Effective Date, each Assignee Participant shall pay to Assignor Participant, in immediately available or same day funds, an amount equal to the purchase price, as agreed between Assignor Participant and such Assignee Participant (the "Assignment Purchase Price"), for the respective Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share purchased by such Assignee Participant hereunder.

• Such notice shall set forth the amount of the requested increase in the Tranche A Commitments, Tranche B Commitments and/or Tranche C Commitments and the date on which such increase is requested to become effective (which shall be not less than 30 days or more than 100 days after the date of such notice), and shall offer each Lender the opportunity to increase its Commitment by its Tranche A Percentage, Tranche B Percentage or Tranche C Percentage, as the case may be, of the proposed increased amount.

• In consideration of each Tranche B Lender's commitment to make Tranche B Loans under this Agreement, US Borrower will pay to US Agent for the account of each Tranche B Lender a commitment fee determined on a daily basis by applying the 364-Day Commitment Fee Rate to its Tranche B Percentage Share of the amount by which the Tranche B Maximum Credit Amount exceeds the outstanding principal balance of the Tranche B Loans on each day during the period from the date hereof until the Tranche B Maturity Date.

• Assignor Participant and each Assignee Participant shall make any separate arrangements between themselves which they deem appropriate with respect to payments between them of amounts paid under the Operative Documents on account of the Tranche A Percentage, Tranche B Percentage, Tranche C Percentage and Proportionate Share assigned to such Assignee Participant, and neither Agent nor Lessee shall have any responsibility to effect or carry out such separate arrangements.

More Definitions of Tranche B Percentage

Tranche B Percentage means the percentage set forth on Schedule IV hereto as the "Tranche B Percentage."

Tranche B Percentage means, with respect to each Participant, the percentage set forth under the caption "Tranche B Percentage" opposite such Participant's name on Part A of

Tranche B Percentage as of any date and with respect to each Tranche B Lender, the percentage equal to a fraction (i) the numerator of which is the unpaid principal balance of the Tranche B Loan of such Tranche B Lender on such date and (ii) the denominator of which is the aggregate unpaid principal balance of the Tranche B Loans of all Tranche B Lenders.

Tranche B Percentage means, as of any date of determination, the outstanding principal balance of the Tranche B Loans as a percentage of the outstanding principal balance of all Loans.

Tranche B Percentage means, as of any date of determination, the quotient (expressed as a percentage to the second decimal point) of: (a) the aggregate unutilized amount of Tranche B Loan Commitment divided by (b) the Available Construction Commitment Amount.".

Tranche B Percentage. As to any Tranche B Bank the proportion, expressed as a percentage, that such Tranche B Bank’s outstanding Tranche B Loans bears to the outstanding Tranche B Loans of all Tranche B Banks, as initially shown on Schedule 1.1 hereto.

Tranche B Percentage means 6.6242599%.