Tranche B Term Loan Exposure definition

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.

Tranche B Term Loan Exposure means, with respect to any Lender as of any date of determination (i) prior to the funding of the Tranche B Term Loans, that Lender's Tranche B Term Loan Commitment and (ii) after the funding of the Tranche B Term Loans, the outstanding principal amount of the Tranche B Term Loan of that Lender.

Tranche B Term Loan Exposure means, with respect to any Lender as of any date of determination (i) prior to the funding of the Tranche B Term Loans, that Lender's Tranche B Term Loan Commitment and (ii) after the funding of the Tranche B Term Loans, the outstanding principal amount of the Tranche B Term Loans made by that Lender.

Examples of Tranche B Term Loan Exposure in a sentence

• For purposes of this Section 8 and Section 9, Pro Rata Basis shall mean, with respect to all purchases hereunder, relating to a Last Out Lender, the percentage obtained by dividing the Tranche A Term Loan Exposure plus the Tranche B Term Loan Exposure of the Purchaser by the aggregate Tranche A Term Loan Exposure and Tranche B Term Loan Exposure of all Purchasers.

• The Tranche B Term Loan Upfront Fee may, at the election of the Lenders of the Tranche B Term Loan on the Closing Date representing more than 50.0% of the aggregate Tranche B Term Loan Exposure of all Lenders (other than Defaulting Lenders), take the form of original issue discount.

• The official and working languages of the Court shall be those of the Union.

• Company shall have paid to Administrative Agent, for distribution to each Lender that executes and delivers a counterpart of this Amendment to Administrative Agent at or prior to 5:00 P.M. (New York time) on November 14, 1997, an amendment fee in an amount equal to the sum of (i) 1.00% multiplied by the Tranche B Term Loan Exposure of such Lender plus (ii) 0.25% multiplied by the Revolving Loan Exposure of such Lender.

• On any day on which the Aggregate Tranche B Term Loan Exposure (after giving effect to all other repayments thereof on such date) exceeds the Total Tranche B Term Loan Commitment at such time the Borrower shall repay on such date the principal of Tranche B Term Loans in an amount equal to such excess.

More Definitions of Tranche B Term Loan Exposure

Tranche B Term Loan Exposure as to any Lender, at any time, the amount of unpaid Tranche B Term Loans made by such Lender pursuant to Section 2.5.

Tranche B Term Loan Exposure means, collectively, the Tranche B-1 Term Loan Exposure and the Tranche B-2 Term Loan Exposure; provided that on and after the Tranche B Combination Date, Tranche B-1 Term Loan Exposure and Tranche B-2 Term Loan Exposure shall be deemed to be “Tranche B Term Loan Exposure” on a combined basis.

Tranche B Term Loan Exposure with respect to any Lender, means, as of any date of determination (a) prior to the funding of the Tranche B Term Loans, that Lender's Tranche B Term Loan Commitment and (b) after the funding of the Tranche B Term Loans, the outstanding principal amount of the Tranche B Term Loan of that Lender.

Tranche B Term Loan Exposure means, with respect to any Lender as of any date of determination (i) to the extent not yet funded at such time, that Lender’s remaining Tranche B Term Loan Commitment and (ii) the outstanding principal amount of the Tranche B Term Loan of that Lender at such time.

Tranche B Term Loan Exposure means, with respect to any Lender,

Tranche B Term Loan Exposure as to any Tranche B Term Loan Lender ---------------------------- at any time, the aggregate outstanding principal amount of the Tranche B Term Loans of such Tranche B Term Loan Lender at such time.

Tranche B Term Loan Exposure means the outstanding principal amount of the Tranche B Term Loan of that Lender.