Consolidation of Tranches. On the Drawdown Date of the last Advance under Tranche C, all the Tranches shall be consolidated to form a single tranche constituting the Revolving Facility.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Consolidation of Tranches. On the Drawdown Date of the last Advance under Tranche CC which will result in Tranche C being fully drawn, all the Tranches shall be consolidated to form a single tranche constituting the Revolving Facility.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)