Tranche B Term Loan Commitments Clause Samples

Tranche B Term Loan Commitments. Subject to the terms and conditions hereof, each Lender agrees to make, on the Closing Date, a Tranche B Term Loan to the Company in US Dollars in an aggregate principal amount equal to such Lender’s Tranche B Term Loan Commitment. Amounts borrowed pursuant to this Section 2.1(a) that are repaid or prepaid may not be reborrowed. Each Lender’s Tranche B Term Loan Commitment shall terminate immediately and without any further action on the Closing Date upon the making of a Tranche B Term Loan by such Lender or on May 24, 2011, if the Closing Date shall not have occurred on or prior to such date.

Tranche B Term Loan Commitments. Each New Series D-1 Term Loan Lender hereby commits to provide its respective Series D-1 Tranche B Term Loan Commitment on the terms and subject to the conditions set forth in Exhibit B hereto, and such Series D-1 Tranche B Term Loan Commitment (other than with respect to the Exchanged Series D-1 Tranche B Term Loans) for each New Series D-1 Term Loan Lender is set forth on Schedule B annexed hereto. The Series D-1 Tranche B Term Loan Commitments and Series D-1 Tranche B Term Loans made pursuant thereto shall be subject to the provisions of the Credit Agreement and the other Credit Documents, and shall constitute “Term Loan Commitments” and “Tranche B Term Loans”, respectively, thereunder.

Tranche B Term Loan Commitments. The Tranche B Term Loan Commitment of each Lender, if any, shall automatically terminate at such time as such Lender shall have made available to the Borrower such Lender's share of the Tranche B Term Loan.

Tranche B Term Loan Commitments. Subject to the terms and conditions hereof, each Lender agrees to make, on the Closing Date, a term loan to the Borrower in an amount equal to such Lender’s Tranche B Term Loan Commitment. Amounts borrowed pursuant to this Section 2.1(a) that are repaid or prepaid may not be reborrowed. Each Lender’s Tranche B Term Loan Commitment shall terminate immediately and without any further action on the Closing Date upon the making of a Tranche B Term Loan by such Lender.

Tranche B Term Loan Commitments. (a) Subject to the terms and conditions hereof, the Tranche B Term Loan Lenders severally agree to make term loans (or, in the case of a Continuing Tranche B Term Loan Lender, pursuant to clause (b) below, elects to convert all or a portion of such Continuing Tranche B Term Loan Lender’s Existing Tranche B Term Loans) denominated in Dollars (each, a “Tranche B Term Loan”) to the Primary Borrower on the Amendment and Restatement Effective Date in an amount for each Tranche B Term Loan Lender not to exceed the Tranche B Term Loan Commitment of such Lender. The Tranche B Term Loans may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Primary Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 5.6. (b) In connection with the making of the Tranche B Term Loans pursuant to clause (a) above, by delivering written notice to the Administrative Agent on or prior to the Amendment and Restatement Effective Date, any Continuing Tranche B Term Loan Lender may elect to make all or any portion of such Lender’s Tranche B Term Loan requested by the Primary Borrower to be made on the Amendment and Restatement Effective Date by converting all or a portion of the outstanding principal amount of the Existing Tranche B Term Loans held by such Lender into a Tranche B Term Loan in a principal amount equal to the amount of the loans so converted (each, a “Converted Term Loan”). On the Amendment and Restatement Effective Date, the Converted Term Loans shall be converted for all purposes of this Agreement into Tranche B Term Loans, and the Administrative Agent shall record in the Register the aggregate amounts of Converted Term Loans converted into Tranche B Term Loans. Any written notice to the Administrative Agent delivered by an applicable Continuing Tranche B Term Loan Lender pursuant to this Section shall specify the amount of such Lender’s Tranche B Term Loan Commitment and the principal amount of the Existing Tranche B Term Loans held by such Lender that are to be converted into a Tranche B Term Loan.

Tranche B Term Loan Commitments. Subject to the terms and conditions set forth herein, each Tranche B Term Lender severally agrees to make a single loan to the Company on the Effective Date in an amount equal to such Tranche B Term Lender’s Tranche B Term Loan Commitment. The advance of the Tranche B Term Loan shall be made simultaneously by the Tranche B Term Lenders in accordance with their respective Applicable Percentages of the Tranche B Term Loan Facility. Amounts borrowed under this Section 2.01(d) and repaid or prepaid may not be reborrowed. Tranche B Term Loans may be Base Rate Loans or LIBOR Loans, as further provided herein.

Tranche B Term Loan Commitments. During the Term Loan Availability Period, on the terms and subject to the conditions of this Agreement and in reliance upon the representations, warranties and covenants of Borrower contained herein, each Tranche B Lender severally agrees to make one or more Tranche B Term Loans to Borrower on one or more Term Loan Funding Dates in an amount not exceeding its Pro Rata Share of the Aggregate Tranche B Term Loan Commitment.

Tranche B Term Loan Commitments. Subject to and upon the terms and conditions herein set forth, (i) each Lender having a Tranche B-1 Term Loan Commitment severally agrees to make a loan or loans in U.S. Dollars to the Lux Borrower (each a “Tranche B-1 Term Loan”) on the Closing Date, which U.S. Dollar Equivalent of such Tranche B-1 Term Loans in the aggregate shall not exceed for any such Lender the Tranche B-1 Term Loan Commitment of such Lender and the U.S. Dollar Equivalent of all such Tranche B-1 Term Loans in the aggregate shall not exceed $475,000,000. Such Tranche B-1 Term Loans (A) shall be made on the Closing Date and (B) may at the option of the Lux Borrower be incurred and maintained as, and/or converted into, ABR Loans or LIBOR Term Loans, provided that all such Tranche B-1 Term Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Tranche B-1 Term Loans of the same Type. (ii) each Lender having a Tranche B-2 Term Loan Commitment severally agrees to make a loan or loans to the Singaporean Borrower in U.S. Dollars (each a “Tranche B-2 Term Loan”) on a single day on or after the Closing Date and on or prior to the Tranche B-2 Term Loan Commitment Termination Date, in an amount equal to the portion of such Lender’s Tranche B-2 Term Loan Commitment as requested by the Singaporean Borrower to be made on such date, which Tranche B-2 Term Loans shall not exceed for any such Lender the Tranche B-2 Term Loan Commitment of such Lender and in the aggregate shall not exceed $250,000,000. Such Tranche B-2 Term Loans may at the option of the Singaporean Borrower be incurred and maintained as, and/or converted into, ABR Loans or LIBOR Term Loans, provided that all such Tranche B-2 Term Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Tranche B-2 Term Loans of the same Type. All such Term Loans (i) may be repaid or prepaid in accordance with the provisions hereof, but once repaid or prepaid, may not be reborrowed, (ii) shall not exceed for any such Lender the Tranche B-1 Term Loan Commitment or the Tranche B-2 Term Loan Commitment, as applicable, of such Lender and (iii) shall not exceed in the aggregate the total of all Tranche B Term Loan Commitments. On the Tranche B Term Loan Maturity Date, all then unpaid Tranche B Term Loans shall be repaid in full.

Tranche B Term Loan Commitments. Subject to the terms and conditions hereof the Tranche B Term Loan Lenders severally agree (i) to make term loans (each, a “Tranche B Term Loan”) to the Borrower on the Closing Date and/or (ii) to continue (in whole and not in part) their Existing Term Loans outstanding on the Closing Date as Tranche B Term Loans, in each case as agreed by the Administrative Agent and the applicable Tranche B Term Loans. For each Tranche B Term Loan Lender the sum of clauses (i) and (ii) of this Section 2.1 shall not exceed the amount of the Tranche B Term Loan Commitment of such Lender. All such continuations shall be deemed to be a part of borrowing of Tranche B Term Loans on the Closing Date for all purposes hereunder. The Tranche B Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10. The Tranche B Term Loans constitute obligations outstanding under the Existing Credit Agreement, as amended, restated, reallocated and redesignated pursuant hereto.