Tranche A Facility. The Tranche A Facility Lenders grant to the Company, upon the terms and subject to the conditions hereof, a US dollar term loan facility in an aggregate amount of USD243,750,000.00.
Tranche A Facility. Subject to the terms of this Agreement, the Lenders make available to the Borrowers a term loan facility in an aggregate amount equal to the Total Tranche A Commitments.
Tranche A Facility. The Tranche A Lenders agree to establish the Tranche A Facility for the benefit of the Borrowers.
Tranche A Facility. (A) (i) The Tranche A Loan will accrue a finance charge on the Average Daily Balance thereof, from and including the Tranche A Loan Commencement Date to and including February 28, 2003, at a per annum rate equal to the lesser of (a) the Tranche A Loan Finance Charge and (b) the highest rate from time to time permitted by applicable law. If it is determined that the amounts received from Tranche A Borrower or a Tranche A Guarantor pursuant to this subclause (A) shall otherwise be in excess of the highest rate permitted by applicable law, then the amount representing such excess shall be considered reductions to principal of Loans.
Tranche A Facility. The Hotel Facility Lenders grant to the Company, upon the terms and subject to the conditions hereof, a US dollar term loan facility in an aggregate amount of USD107,008,191.
Tranche A Facility use the proceeds of the Tranche A Facility to refinance the Existing Facility and to pay the associated expenses in respect of the Facility;
Tranche A Facility. Each Tranche A Loan shall be applied in or towards the Refinancing and/or the payment of certain costs, fees and expenses incurred by members of the Group in connection with the Refinancing (including, if necessary, swap termination payments) and/or the IPO in accordance with the Funds Flow Statement.
Tranche A Facility. (a) Subject to Clause 9, the Tranche A Commitments shall reduce at each of the dates specified below (each a "Tranche A Repayment Date") (or if such date is not a Business Day, the preceding Business Day) to such percentage of (A) the aggregate Tranche A Commitments as at 29th September, 2000 in respect of the first Tranche A Repayment Date and (B) the aggregate Tranche A Commitments as at 29th September, 2000 in respect of each subsequent Tranche A Repayment Date, as is set out opposite such Tranche A Repayment Date (the "Permitted Amount"). Each such reduction shall be applied pro rata against and in cancellation of the Tranche A Commitments of each Lender on the relevant Tranche A Repayment Date.
(b) To the extent that the aggregate of the Original Euro Amount of all Tranche A Advances outstanding on such Tranche A Repayment Date (the "Actual Amount") is greater than the Permitted Amount, an amount equal to the amount by which the Actual Amount exceeds the Permitted Amount shall be repaid in full by the Borrowers on such Tranche A Repayment Date. Any amount of the Tranche A Advances outstanding on the Final A Repayment Date shall be repaid in full on the Final A Repayment Date.
Tranche A Facility. Tranche A Facility
Tranche A Facility. (a) Subject to Clause 9, the Borrowers shall repay each of the Tranche A Advances in full by the instalments specified below on the Tranche A Repayment Dates specified below. The amount of each Tranche A Advance repaid by the Borrowers on each Tranche A Repayment Date shall be the percentage of the amount of each such Tranche A Advance made at Closing set out below opposite that Tranche A Repayment Date. The aggregate of the amounts of each Tranche A Advance repaid on any Tranche A Repayment Date is a "Tranche A Repayment Instalment".
