Examples of Tranche B Term Facility in a sentence
Each such prepayment of the Facilities shall be applied ratably first to the Tranche B Term Facility and second to the Tranche A Term Facility.
The Tranche B Term Facility shall be for a term (the “Tranche B Term Facility Term”) commencing on the date hereof and ending on February 11, 2021 (the “Tranche B Term Facility Maturity Date”) or such earlier date as the Tranche B Term Facility is accelerated pursuant to the terms of this Agreement upon an Event of Default.
If a Tranche B Right is not exercised prior to the repayment in full in cash of the Tranche B Term Facility, the Tranche B Administrative Agent shall pay all such amounts to the Borrower and the Borrower shall pay such amounts to the applicable Tranche B Right Holder.
Facility Assigned Aggregate Amount of Commitment/ Loans for all Lenders Amount of Commitment/ Loans Assigned Percentage Assigned of Commitment/Loans13 Tranche A Term Facility $ $ % Tranche B Term Facility $ $ % Dollar Revolving Facility $ $ % Alternative Currency Revolving Facility $ $ % 13 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder.
The Borrower will pay to the Lender a non-refundable establishment fee equal to [ *** ]% of the aggregate of the Revolving Facility Commitment, the Tranche A Term Facility Commitment and the Tranche B Term Facility Commitment on Financial Close.