Examples of Tranche B Term Loans in a sentence
The Tranche B Term Loans shall be borrowed on or prior to the last day of the Tranche B Availability Period.
The Borrower shall have the right at any time or from time to time to terminate in full (but not in part) all of the then outstanding Applicable Commitments with respect to the Incremental Tranche A Term Loans or the Tranche B Term Loans; provided that the Borrower shall give the Lender and the Administrative Agent at least three (3) Business Days’ prior written notice of each such termination.
No event shall have occurred or be continuing or would result from the making of the Tranche B Term Loans on the Tranche B Funding Date that would constitute a Default or Event of Default.
Since December 31, 2021, no event, circumstance or change shall have occurred that has caused or would reasonably be expected to cause, either individually or in the aggregate, a Material Adverse Change, both before and after giving effect to the Tranche B Term Loans to be made on the Tranche B Funding Date.
The Tranche B Funding Condition shall have been satisfied as set forth on the Loans Schedule; provided that, solely with respect to a Borrowing of Tranche B Term Loans on the Second Amendment Effective Date, the Tranche B Funding Condition will be deemed to have been satisfied as of the Second Amendment Effective Date.