Tranche B Term Loan Commitment Percentage definition

Tranche B Term Loan Commitment Percentage as to any Tranche B Lender at any time, the percentage of the aggregate Tranche B Term Loan Commitments then constituted by such Lender’s Tranche B Term Loan Commitment (or, after the Tranche B Term Loans are made, the percentage of the aggregate outstanding principal amount of the Tranche B Term Loans then constituted by the principal amount of such Tranche B Lender’s Tranche B Term Loan).

Tranche B Term Loan Commitment Percentage means, for any Term Loan Lender, the percentage identified as its Tranche B 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.

Tranche B Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Tranche B 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.

Examples of Tranche B Term Loan Commitment Percentage in a sentence

• The portion of the Tranche B Term Loan made by each Lender shall be evidenced by a duly executed promissory note of the Borrower to such Lender in an original principal amount equal to such Lender's Tranche B Term Loan Commitment Percentage of the Tranche B Term Loan and substantially in the form of Exhibit 2.4(f).

• The Tranche B Term Loan made by each Lender shall be evidenced by a duly executed promissory note of the Borrower to each applicable Lender in the face amount of its Tranche B Term Loan Commitment Percentage of the Tranche B Term Loan Committed Amount in substantially the form of Exhibit 2.4(e).

• The Tranche B Term Loans made by the Supplemental Credit Lenders having a Tranche B Term Loan Commitment Percentage shall be evidenced by a duly executed promissory note of the Borrower to each such Supplemental Credit Lender in the face amount of its Tranche B Term Loan Commitment Percentage of the Tranche B Term Loan Committed Amount in substantially the form of Exhibit 2.4(b).

• Each applicable Lender will make its Tranche B Term Loan Commitment Percentage of each Tranche B Term Loan advance available to the Administrative Agent by deposit, in Dollars and in immediately available funds, at the offices of the Administrative Agent at its principal office in Charlotte, North Carolina or at such other address as the Administrative Agent may designate in writing.

• Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make available to the Borrower on the Closing Date such Lender's Tranche B Term Loan Commitment Percentage of a term loan in Dollars (the "Tranche B Term Loan") in the aggregate principal amount of TWO HUNDRED MILLION DOLLARS ($200,000,000) (the "Tranche B Term Loan Committed Amount") for the purposes hereinafter set forth.

More Definitions of Tranche B Term Loan Commitment Percentage

Tranche B Term Loan Commitment Percentage of any Lender at any time means (i) prior to the incurrence of Tranche B Term Loans on the Closing Date, a fraction (expressed as a percentage) the numerator of which is the Tranche B Term Loan Commitment of such Lender at such time and the denominator of which is the Aggregate Tranche B Term Loan Commitment at such time and (ii) at any time thereafter, a fraction (expressed as a percentage) the numerator of which is the outstanding Tranche B Term Loans of such Lender at such time and the denominator of which is the aggregate outstanding Tranche B Term Loans of all Lenders at such time.

Tranche B Term Loan Commitment Percentage means, with respect to any Tranche B Term Loan Lender, the ratio of (a) the amount of the Tranche B Term Loan Commitment of such Lender to (b) the Tranche B Term Loan Commitments.

Tranche B Term Loan Commitment Percentage means, for a Supplemental Credit Lender, the percentage identified as its Tranche B Term Loan Commitment Percentage on Schedule 1.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 11.3. "Tranche B Term Loan Maturity Date" means February 14, 2004. "Tranche B Term Loan Note" or "Tranche B Term Loan Notes" means the promissory notes of the Borrower in favor of the Supplemental Credit Lenders having a Tranche B Term Loan Commitment Percentage evidencing the Tranche B Term Loans provided pursuant to Section 2.1, individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time as evidenced in the form of Exhibit 2.4(b). 1.2

Tranche B Term Loan Commitment Percentage means, for each Tranche B Term Lender, a fraction (expressed as a percentage carried to the ninth decimal place), the numerator of which is, prior to funding of the Tranche B Term Loan, the Dollar Equivalent of such Tranche B Term Lender's Tranche B Term Loan Committed Amount, and, after funding of the Tranche B Term Loan, the Dollar Equivalent of the principal amount of such Tranche B Term Lender's Tranche B Term Loan and the denominator of which is, prior to funding of the Tranche B Term Loan, the Dollar Equivalent of the aggregate principal amount of the Tranche B Term Loan Commitments, and, after funding of the Tranche B Term Loan, the Dollar Equivalent of the aggregate principal amount of the Tranche B Term Loan. The initial Tranche B Term Loan Commitment Percentages are shown on Schedule 2.01.

Tranche B Term Loan Commitment Percentage means, for a Supplemental Credit Lender, the percentage identified as its Tranche B Term Loan Commitment Percentage on Schedule 1.1(a) of the Supplemental Credit Agreement, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 11.3 of the Supplemental Credit Agreement. "Tranche B Term Loan Note" or "Tranche B Term Loan Notes" means the promissory notes of the Borrower in favor of the Supplemental Credit Lenders having a Tranche B Term Loan Commitment Percentage evidencing the Tranche B Term Loans provided pursuant to Section 2.1 of the Supplemental Credit Agreement, individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time as evidenced in the form of Exhibit 2.4(b) of the Supplemental Credit Agreement.

Tranche B Term Loan Commitment Percentage means, for any Term Loan Lender, (a) on or prior to the Third Amendment Effective Date, (x) the percentage identified as its Tranche B Term Loan Commitment Percentage on Schedule 2.1(a) or (y) the percentage identified as its New Tranche B Term Loan Commitment Percentage in Schedule 2.1(a)(i), as applicable and (b) on or after the Third Amendment Effective Date (after giving effect to the Third Amendment and the funding of the New Tranche B Term Loan), the percentage equal to such Term Loan Lender’s portion of the outstanding Tranche B Term Loan divided by the aggregate outstanding principal amount of the Tranche B Term Loan, in each case as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

Tranche B Term Loan Commitment Percentage means, for any Lender, (i) from the Effective Date to the Restatement Effective Date, the percentage, if any, identified as its Tranche B Term Loan Commitment Percentage on Schedule 1.01A, and (ii) from and after the Restatement Effective Date, the percentage, if any, identified as its Tranche B Term Loan Commitment Percentage on Schedule 1.01A as such percentage shall have been modified as a result of the incurrence of $50,000,000 of Tranche B Term Loans on the Restatement Effective Date in accordance with Section 2.04(g), in either case as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 10.03(b).