Tranche B Term Percentage definition

Tranche B Term Percentage as to any Tranche B Term Lender at any time, the percentage which such Lender’s Tranche B Term Commitment then constitutes of the aggregate Tranche B Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).
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Tranche B Term Percentage means, as to any Lender at any time, the percentage which such Lender's Tranche B Term Commitment then constitutes of the aggregate Tranche B Term Commitments (or, at any time after the First Amendment Effective Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).
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Tranche B Term Percentage as to any Tranche B Term Lender at any time, the percentage which such Lender's Tranche B Term Commitment then constitutes of the aggregate Tranche B Term Commitments (or, at any time after the Funding Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding); provided, that solely for purposes of calculating the amount of each installment of Tranche B Term Loans (other than the last installment) payable to a Tranche B Term Lender, such Term Lender's Tranche B Term Percentage shall be calculated without giving effect to any portion of any prior mandatory or optional prepayment attributable to such Term Lender's Tranche B Term Loans that shall have been declined by such Term Lender (or, in the case of any Term Lender that shall have acquired its Tranche B Term Loans by assignment from another Person, by such other Person).
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Examples of Tranche B Term Percentage in a sentence

  • The Tranche B Term Loan of each Term Lender shall mature in 24 consecutive quarterly installments, commencing on December 31, 2004, each of which shall be in an amount equal to such Lender’s Tranche B Term Percentage multiplied by the amount set forth below opposite such installment: Installment Principal Amount 1.

  • Each such payment shall be in an amount equal to such Lender’s Tranche B Term Percentage multiplied by the amount of such Tranche B Installment.

  • Each Tranche B Term Lender severally agrees, on the terms and conditions set forth herein, to make a single loan to the Borrower (each such loan, a "Tranche B Term Loan") on the Closing Date in a principal amount not to exceed such Tranche B Term Lender's Tranche B Term Percentage of the Tranche B Term Commitment.

  • If any Lender, whether by setoff or otherwise, has payment made to it upon its Loans (other than payments received pursuant to Section 3.1, 3.2, 3.4 or 3.5) in a greater proportion than that received by any other Lender, such Lender agrees, promptly upon demand, to purchase a portion of the Loans held by the other Lenders so that after such purchase each Lender will hold its Pro Rata Share or Tranche B Term Percentage, as applicable, of the Loans.

  • The Tranche B Term Loan of each Tranche B Lender shall mature in 27 consecutive quarterly installments, commencing on March 31, 2007, each of which shall be in an amount equal to (a) such Lender’s Tranche B Term Percentage multiplied by the initial aggregate principal amount of the Original Term Loans multiplied by (b) 0.25%, with the remainder due on the Term Loan Maturity Date, each such installment being subject to any reduction pursuant to Section 4.2(c).


More Definitions of Tranche B Term Percentage

Tranche B Term Percentage as to any Term Lender at any time, the percentage which such Lender’s Tranche B Term Commitment then constitutes of the aggregate Tranche B Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Tranche B Term Loans then outstanding plus such Lender’s unfunded Tranche B Term Commitment (if any) constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding plus the aggregate amount of unfunded Tranche B Term Commitments (if any) of all Lenders).
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Tranche B Term Percentage as to any Tranche B Term Lender at any time, the percentage which such Lender's Tranche B Term Commitment then constitutes of the aggregate Tranche B Term Commitments (or, (a) at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B-1 Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B-1 Term Loans then outstanding, or (b) at any time after the relevant Borrowing Date, the percentage which the aggregate principal amount of such Lender's Tranche B-2 Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B-2 Term Loans then outstanding). "TRANCHE B-1 TERM COMMITMENT": as to any Lender, the obligation of such Lender, if any, to make a Tranche B-1 Term Loan to the Borrower in a principal amount not to exceed the amount set forth under the heading "Tranche B-1 Term Commitment" opposite such Lender's name on Schedule 1.1. The original aggregate amount of the Tranche B-1 Term Commitments is $40,000,000. "TRANCHE B-1 TERM LENDER": each Lender that has a Tranche B-1 Term Commitment or that holds a Tranche B-1 Term Loan. "TRANCHE B-1 TERM LOAN": as defined in subsection 2.4. "TRANCHE B-1 TERM PERCENTAGE": as to any Tranche B-1 Term Lender at any time, the percentage which such Lender's Tranche B-1 Term Commitment then constitutes of the aggregate Tranche B-1 Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B-1 Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B-1 Term Loans then outstanding). "TRANCHE B-2 TERM COMMITMENT": as to any Lender, the obligation of such Lender, if any, to make a Tranche B-2 Term Loan to the Borrower in a principal amount not to exceed the amount set forth under the heading "Tranche B-2 Term Commitment" opposite such Lender's name on Schedule 1.1. The original aggregate amount of the Tranche B-2 Term Commitments is $55,000,000. "TRANCHE B-2 TERM LENDER": each Lender that has a Tranche B-2 Term Commitment or that holds a Tranche B-2 Term Loan. "TRANCHE B-2 TERM LOAN": as defined in subsection 2.4. "TRANCHE B-2 TERM PERCENTAGE": as to any Tranche B-2 Term Lender at any time, the percentage which such Lender's Tranche B-2 Term Commitment then constitutes of the aggregate Tranche B-2 Term Commitments (or, at any time after the relevant Borrowing Date, the percentage which the aggregate princip...
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Tranche B Term Percentage as to any Tranche B Term Lender at any ------------------------- time, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of all Tranche B Term Loans then outstanding.
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Related to Tranche B Term Percentage

  • Term Percentage as to any Term Lender at any time, the percentage which such Lender’s Term Commitment then constitutes of the aggregate Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Term Loans then outstanding constitutes of the aggregate principal amount of the Term Loans then outstanding).

  • Tranche B Term Loan as defined in Section 2.1.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

  • Term Loan Commitment Percentage means, for any Term Loan Lender, the percentage identified as its Term Loan Commitment Percentage in its Lender Commitment Letter, or in the Assignment and Assumption pursuant to which such Lender became a Lender hereunder, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(b).

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Tranche A Term Lender each Lender that has a Tranche A Term Commitment or that holds a Tranche A Term Loan.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.