Examples of Tranche B Term Loan Amount in a sentence
The Manager may instruct the Producer to reply on behalf of the Manager.
Bank shall make one (1) or more term loans available to Borrowers in an amount not to exceed the Tranche B Term Loan Amount (each a “Tranche B Term Loan”, and together with the Tranche A Term Loan, each a “Term Loan” and collectively, the “Term Loans”) during the Tranche B Draw Period and subject to the satisfaction of the terms and conditions of this Agreement.
Subject to the terms and conditions hereof, each Lender severally agrees to lend to Company, on or before December 19, 2003, a Tranche B Term Loan in an amount equal to such Lender's Tranche B Term Loan Amount to be used for the purposes identified in Section 2.5. Any amount borrowed under this Section 2.1, and subsequently repaid or prepaid, may not be reborrowed.
The Tranche B Lender shall have received (a) a fully executed Tranche B Note issued in order to amend and restate the existing Tranche B Note and to reflect the new Tranche B Term Loan Amount (after giving effect to this Amendment), and (b) an amendment to the Cash Collateral Security Agreement in order to reflect the new Cash Collateral Amount (after giving effect to this Amendment), in each case in form and substance reasonably satisfactory to Administrative Agent and the Tranche B Lender.
Each Lender, by delivering its signature page to this Agreement and funding its Tranche A Term Loan Amount, Tranche B Term Loan Amount, Tranche C Term Loan Amount and/or a Revolving Loan on the Closing Date, shall be deemed to have acknowledged receipt of, and consented to and approved, each Credit Document and each other document required to be approved by Requisite Lenders or Lenders, as applicable.