Tranche B Revolving Lenders definition

Tranche B Revolving Lenders means, as of any date of determination, Lenders having a Tranche B Revolving Loan Commitment.
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Tranche B Revolving Lenders means a Lender with a Tranche B Revolving Commitment.
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Tranche B Revolving Lenders means the Persons listed on the Revolving Commitment Schedule (or an Affiliate or branch of any such Person that is acting on behalf of such Person, in which case the term “Tranche B Revolving Lenders” shall include any such Affiliate or branch with respect to the Tranche B Revolving Loans made by such Affiliate or branch) as having a Tranche B Commitment and any other Person that shall acquire a Tranche B Commitment, other than any such Person that ceases to be an Tranche B Revolving Lender pursuant to an Assignment and Assumption. Each Lender that has a Tranche B Commitment (or any Affiliate or branch of any such Lender that is acting on behalf of such Lender) (i) shall be a financial institution that is listed on Schedule I, II, or III of the Bank Act (Canada), has received an approval to have a financial establishment in Canada pursuant to Section 522.21 of the Bank Act (Canada), as amended, or is not a foreign bank for purposes of the Bank Act (Canada), or (ii) is a financial institution not resident in Canada and not deemed to be resident in Canada for purposes of the ITA, and deals at arm’s length with each Canadian Borrower for purposes of the ITA.
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Examples of Tranche B Revolving Lenders in a sentence

  • No. You must be a student member of IMarESt to be eligible for the student prizes.

  • On the Maturity Date of the Tranche A Commitments, the participations in the outstanding Letters of Credit of the Tranche A Revolving Lenders shall be reallocated to the Tranche B Revolving Lenders ratably in accordance with their Tranche B Commitments but in any case, only to the extent the sum of the participations in the outstanding Letters of Credit of the Tranche A Revolving Lenders and Tranche B Revolving Lenders does not exceed the total Tranche B Commitments.

  • The U.S. Tranche B Revolving Lenders made U.S. Tranche B Revolving Loans to the U.S. Borrowers, prior to the Restatement Effective Date, in an aggregate principal amount outstanding that did not result in the Availability Conditions not being met.

  • No amendment, modification, termination or waiver of or consent with respect to any provision of this Agreement which waives compliance with the conditions precedent set forth in Section 2.2 to the making of any Loan or the incurrence of any Letter of Credit Obligations shall be effective unless the same shall be in writing and signed by (i) Agent, Requisite Lenders and Borrower, or (ii) in the case of Section 2.2(c)(ii)(B), Agent, Requisite Tranche B Revolving Lenders and Borrower.

  • All U.S. Revolving Facility Letters of Credit issued and outstanding under the Prior Agreement as of the Amended and Restated Effective Date shall be deemed to be issued and outstanding under this Agreement and allocated among the U.S. Tranche B Revolving Lenders in accordance with their Applicable Percentages as of the Amended and Restated Effective Date.

  • Lenders, Supermajority Tranche B Revolving Lenders or all affected Lenders, as applicable.

  • If the reallocation described in the preceding sentence cannot, or can only partially, be effected as a result of the limitations herein, the Borrower shall within one Business Day of notice thereof from the Swingline Lender or the Administrative Agent repay Swingline Loans the participation interests in which cannot be reallocated to the Tranche A Accepting Lender and the Tranche B Revolving Lenders pursuant to the prior sentence.

  • On the Maturity Date of the Tranche A Commitments, the participations in the outstanding Swingline Loans of the Tranche A Revolving Lenders shall be reallocated to the Tranche B Revolving Lenders ratably in accordance with their Tranche B Commitments but in any case, only to the extent the sum of the participations in the outstanding Swingline Loans of the Tranche A Revolving Lenders and Tranche B Revolving Lenders does not exceed the total Tranche B Commitments.

  • Each payment by Borrower on account of principal of the Tranche B Revolving Borrowings shall be made pro rata according to the respective outstanding principal amounts of the Tranche B Revolving Loans then held by the Tranche B Revolving Lenders (other than Defaulting Lenders).

  • Oversight Agent shall deliver to the Tranche B Revolving Lenders copies of the information set forth above after receipt of such information from Borrower.


More Definitions of Tranche B Revolving Lenders

Tranche B Revolving Lenders means, at any time, any Lender that has a Tranche B Revolving Commitment at such time.
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Related to Tranche B Revolving Lenders

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • New Revolving Lender as defined in Section 2.24.

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

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • U.S. Revolving Lender means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with U.S. Revolving Exposure.

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Canadian Revolving Commitment means, as to each Canadian Revolving Lender, its obligation to make Canadian Revolving Loans to the Canadian Borrower pursuant to Section 2.01, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Canadian Revolving Lender’s name on Schedule 2.01, in the Assignment and Assumption or other agreement pursuant to which such Canadian Revolving Lender becomes a party hereto, as such amount may be adjusted from time to time in accordance with this Agreement.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

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

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

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

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Available Revolving Credit Commitment with respect to any Revolving Credit Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.