Tranche B Term Facility definition

Tranche B Term Facility as defined in the definition of “Facility”.

Tranche B Term Facility means, at any time, the aggregate amount of the Tranche B Term Lenders' Tranche B Term Commitments at such time.

Tranche B Term Facility means the Tranche B Term Commitments and the Tranche B Term Loans made hereunder.

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.

• 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 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.

• 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.

• 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.

More Definitions of Tranche B Term Facility

Tranche B Term Facility means the term loan facility to be made available by the Tranche B Banks pursuant to Clause 2.1(b) (Facilities);

Tranche B Term Facility means each Incremental Tranche B Term Facility and each Refinancing Tranche B Term Facility.

Tranche B Term Facility as defined in the definition of Facility.

Tranche B Term Facility means the 7 year term loan facility made available under this Agreement, as described in clause 2.1(c).

Tranche B Term Facility means that certain senior unsecured term loan facility made by Lenders to the Borrower in the amount of Seventy-Five Million and 00/100 Dollars ($75,000,000.00) in accordance with the terms and conditions herein, as such amount may be adjusted pursuant to the terms of this Agreement.

Tranche B Term Facility means, at any time, the aggregate amount of the Tranche B Term Lenders’ Tranche B Term Loan Commitments at such

Tranche B Term Facility means, at any time, (a) prior to the First Incremental Amendment Closing Date, the aggregate Tranche B Term Commitments of all Tranche B Term Lenders at such time, and (b) thereafter, the aggregate Tranche B Term Loans of all Tranche B Term Lenders at such time.