Tranche B Revolving Period definition

Tranche B Revolving Period means the period from the Closing Date until the Tranche B Conversion Date.
Tranche B Revolving Period means the period from the date of this Agreement through and including the later of
Tranche B Revolving Period. With respect to the Tranche B Amount, the period beginning on June 6, 2013 and ending on December 6, 2013.

Examples of Tranche B Revolving Period in a sentence

  • Subject to the terms and conditions hereof, US Borrower may borrow, repay, and reborrow Tranche B Loans under the US Agreement during the Tranche B Revolving Period.

  • On the last day of the Tranche B Revolving Period the revolving credit facility made available under Tranche B shall convert to a term loan and all outstanding Revolving Advances the Term Date of which is the last day of the Revolving Period shall be consolidated with any other such Revolving Advances into the Loan and be repaid in accordance with clause 6.

  • The Borrower agrees to repay the Tranche B Loan in instalments on each date specified in column (1) below and in the proportion of the Tranche B Loan outstanding at the end of the Tranche B Revolving Period specified opposite the relevant date in column (2) below.

  • No amount prepaid after the end of the Tranche B Revolving Period may be reborrowed.

  • US Borrower has requested that Tranche B Lenders extend the effectiveness of the Tranche B Revolving Period as set forth in the Existing US Credit Agreement and make certain other amendments and modifications thereto, all on the terms and conditions provided herein and in the Seventh Amendment to US Credit Agreement to which this Amended and Restated Credit Agreement is attached (the "Seventh Amendment to US Credit Agreement").

  • Any part of the Commitments undrawn and uncancelled in respect of Tranche B at the end of the Tranche B Revolving Period or, in respect of Tranche A at the end of the Tranche A Revolving Period, shall thereupon be automatically reduced to zero.

  • Any amounts prepaid pursuant to this Agreement in respect of the Tranche B Loan after the end of the Tranche B Revolving Period shall be applied against the repayment instalments calculated pursuant to clause 6.2 pro rata to such instalments.

  • Promptly at the end of each Fiscal Quarter and at the end of the Tranche B Revolving Period, Agent shall calculate the commitment fee then due and shall notify Borrower thereof.

  • Further, the Tranche B Lenders shall fund Advances with respect to the Tranche B Amount on a pro rata basis based on their respective Commitments; provided that in no event shall the Tranche B Lenders have any obligation to fund any Advances with respect to the Tranche B Amount after the end of the Tranche B Revolving Period.

  • The definitions of "Tranche B ----------------------- Commitment," "Tranche B Excess Debt," "Tranche B Facility Usage," "Tranche B Loan," "Tranche B Maturity Date," "Tranche B Note" and "Tranche B Revolving Period" in Section 1.1 of the Original Agreement are hereby deleted in their entirety.


More Definitions of Tranche B Revolving Period

Tranche B Revolving Period means the period from the date of this Agreement through and including the later of (i) March 30, 1997 or (ii) the date to which the Tranche B Loan is extended pursuant to subparagraph 2(a)(ii)(C).
Tranche B Revolving Period in Section 1.1 of the Original Agreement are hereby deleted in their entirety.
Tranche B Revolving Period means the period from and including the date hereof until the Tranche B Maturity Date.
Tranche B Revolving Period means the period from (and including) 1 July 1996 to (and including) 31 December 2000;

Related to Tranche B Revolving Period

  • Revolving Period means the period beginning on the Closing Date and ending at the close of business on the day immediately preceding the earlier of the day the Controlled Accumulation Period commences or the day the Early Amortization Period commences.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Aggregate Revolving Credit Commitment means the aggregate of the Revolving Credit Commitments of all the Lenders, as reduced or increased from time to time pursuant to the terms hereof. The Aggregate Revolving Credit Commitment as of the date hereof is $250,000,000.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Unused Revolving Credit Commitment means, with respect to any Lender at any date of determination, (a) such Lender’s Revolving Credit Commitment at such time minus (b) the sum of (i) the aggregate principal amount of all Revolving Credit Advances, Swing Line Advances and Letter of Credit Advances made by such Lender (in its capacity as a Lender) and outstanding at such time plus (ii) such Lender’s Pro Rata Share of (A) the aggregate Available Amount of all Letters of Credit outstanding at such time, (B) the aggregate principal amount of all Letter of Credit Advances made by the Issuing Banks pursuant to Section 2.03(c) and outstanding at such time and (C) the aggregate principal amount of all Swing Line Advances made by the Swing Line Bank pursuant to Section 2.01(c) and outstanding at such time.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • 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.

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • 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.

  • Total Revolving Credit Commitment means, at any time, the aggregate amount of the Revolving Credit Commitments, as in effect at such time. The initial Total Revolving Credit Commitment is $90,000,000.

  • Aggregate Revolving Credit Commitments means the Revolving Credit Commitments of all the Lenders.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Unused Revolving Credit Commitments means, at any time, the difference between the Revolving Credit Commitments then in effect and the aggregate outstanding principal amount of Revolving Loans and L/C Obligations.

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $200,000,000.

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

  • Revolving Loan Commitment Termination Date means the earliest of

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • U.S. Revolving Credit Commitment shall have the meaning assigned to such term in Section 2.1(c).