Examples of Tranche B Revolving Credit Loans in a sentence
During the Commitment Period the Company may use the Tranche B Commitments by borrowing, prepaying the Tranche B Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.
The Tranche B Revolving Credit Loans may be (i) Eurodollar Loans, (ii) Alternate Base Rate Loans or (iii) a combination thereof, as determined by the Company and notified to the Agent in accordance with subsection 2.1(c).
In the case of each Loan (other than any Tranche B Revolving Credit Loans resulting from the conversion of RFC Loans to Tranche B Revolving Credit Loans pursuant to subsection 2.1(d)), no Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Loans requested to be made on such date.
In the case of each Loan (other than any Tranche B Revolving Credit Loans resulting from the conversion of RFC Loans to Tranche B Revolving Credit Loans pursuant to subsection 2.1(d)), each of the representations and warranties made by the Company and its Subsidiaries in or pursuant to the Loan Documents shall be true and correct in all material respects on and as of such date as if made on and as of such date.
On and as of the Third Amendment Effective Date and after giving effect to this Amendment, the Tranche B Revolving Credit Commitments contemplated hereby and any Tranche B Revolving Credit Loans made thereunder, each of the conditions precedent to the effectiveness of such New Revolving Credit Commitments under Section 2.14 of the Credit Agreement shall have been satisfied.
For the avoidance of doubt and notwithstanding anything in this Amendment to the contrary, the Tranche B Revolving Credit Commitments and the Tranche B Revolving Credit Loans shall be considered a separate tranche of Indebtedness under the Credit Agreement.
The Tranche B Revolving Credit Commitments, the Tranche B Revolving Credit Loans, the swing line loans and the letters of credit issued thereunder shall have the terms as specified in the Restated Credit Agreement (including, without limitation, with respect to the interest rate, maturity date, mandatory prepayments and voluntary prepayments).
Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Tranche A Revolving Credit Loans and Tranche B Revolving Credit Loans.
Such fee shall be allocated between the Tranche A Revolving Credit Loan Banks and the Tranche B Revolving Credit Loan Banks based on such Banks earning a commission equal to the Applicable Revolving Margin for Tranche A Revolving Credit Loans and the Applicable Re-volving Margin for Tranche B Revolving Credit Loans, respectively, and then ratably in proportion to their Total Exposures.
To the Agent for the account of each Bank, in the event of any Borrowing consisting of Tranche B Revolving Credit Loans, a non-refundable facility fee in the amount of its Percentage of 3/4 of 1% of the Tranche B Revolving Credit Loans made as part of such Borrowing, payable on the date of any such Borrowing, PROVIDED that the aggregate facility fees payable pursuant to this Section 2.3.2 shall in no event exceed $75,000.