Examples of Tranche B Revolving Loans in a sentence

In the event that the aggregate principal amount of existing Tranche B Revolver Commitments of Lenders accepting such Tranche A Exchange Offer exceeds the amount of Tranche A Revolver Commitments requested, existing Tranche B Revolver Commitments shall be converted to Tranche A Revolver Commitments on a pro rata basis based on the aggregate principal amount of Tranche B Revolving Loans included in each such Tranche A Exchange Offer.
Each such promissory note shall (i) in the case of Tranche A Revolving Loans, be a Tranche A Revolving Loan Note, (ii) in the case of Tranche B Revolving Loans, be a Tranche B Revolving Loan Note, (iii) in the case of the Bid Loans, be a Bid Loan Note and (iv) in the case of Swing Line Loans, be a Swing Line Note.
Each Tranche B Revolving Loan shall be made as part of a Tranche B Revolving Borrowing consisting of Tranche B Revolving Loans of the same Type and currency made by the Tranche B Lenders ratably in accordance with their respective Tranche B Commitments.
The U.S. Tranche B Revolving Loans shall be repaid in accordance with Section 2.04(a)(II) and may be prepaid in accordance with Section 2.09(a).
For the avoidance of doubt, any U.S. Tranche B Revolving Loans that are repaid may not be reborrowed.

More Definitions of Tranche B Revolving Loans

Tranche B Revolving Loans shall have the meaning assigned to such term in Section 2.1(b).

Tranche B Revolving Loans means Loans made by the Tranche B Lenders pursuant to Section 2.01(b). Each Tranche B Revolving Loan denominated in US Dollars shall be a LIBOR Loan or, solely in the case of a Tranche B Revolving Loan denominated in US Dollars and made to a US Borrowing Subsidiary or a Canadian Borrowing Subsidiary, an ABR Loan. Each Tranche B Revolving Loan denominated in Sterling shall be a LIBOR Loan. Each Tranche B Revolving Loan denominated in Euros shall be a EURIBOR Loan. Each Tranche B Revolving Loan denominated in Canadian Dollars shall be a Canadian Prime Rate Loan.

Tranche B Revolving Loans and the commitments in respect thereof, the “Tranche B Revolving Commitments”), which Tranche B Revolving Commitments would replace a portion of the Revolving Commitments under the existing revolving credit facility (including the letter of credit facility and swingline facility thereunder) outstanding under the Credit Agreement immediately prior to the Restatement Effective Date (the “Existing Revolving Facility”) and (iii) immediately after the consummation of the Term Loan Exchange (as defined below), make certain other changes to the Loan Documents as more fully set forth herein.

Tranche B Revolving Loans and together with the Tranche A Revolving Loans, the “Revolving Loans”) to the Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Tranche B Revolving Lender’s other Tranche B Revolving Extensions of Credit then outstanding, does not exceed the amount of such Tranche B Revolving Lender’s Tranche B Revolving Commitment; provided that after giving effect to the making and the use of proceeds thereof, the aggregate Tranche B Revolving Extensions of Credit shall not exceed the Tranche B Availability then in effect.

Tranche B Revolving Loans. Loans made by a Tranche B Lender to a Borrower pursuant to Section 2.1(b).

Tranche B Revolving Loans means the Loans made by Lenders to Borrower pursuant to subsection 2.1A(ii) and shall include, without limitation, Tranche B Revolving Loans which are Rollover Borrowings.