Additional Tranche definition

Additional Tranche means an additional amount of Revolving Loan Commitment equal to $100,000,000 (it being acknowledged that multiple Additional Tranches are permitted pursuant to Section 2.1(c) in minimum amounts of $1,000,000 each for a total of up to $100,000,000).
Additional Tranche means any tranche of commitments established or loans made under this Agreement pursuant to Section 9.02(d).
Additional Tranche has the meaning specified in Section 6.11.2.

Examples of Additional Tranche in a sentence

  • Upon activation of the Additional Tranche in accordance with Section 2.1(c) hereof, Borrowers shall deliver to each Lender to whom Borrowers previously delivered a Note, a restated Note evidencing such Lender’s Revolving Loan Commitment Amount.

  • The audit trails are linked together sorted by time in the log system.

  • The Additional Tranche B Term Commitments expired at 5:00 p.m. New York City time on the Amendment Effective Date, and amounts paid or prepaid in respect of Additional Tranche B Term Loans may not be reborrowed.

  • The Company shall issue each Additional Tranche within two (2) business days of the request by Buyer.

  • Upon activating an Additional Tranche, each Lender’s Revolving Loan Commitment Amount shall increase by a proportionate amount so as to maintain the same Pro Rata Share of the Revolving Loan Commitment as such Lender held immediately prior to such activation.


More Definitions of Additional Tranche

Additional Tranche means an additional amount of Revolving Loan Commitment equal to $10,000,000.00 (it being acknowledged that multiple Additional Tranches are permitted pursuant to Section 2.1(c) in minimum amounts of $1,000,000 each for a total of up to $10,000,000.00).
Additional Tranche in Section 1.1. of the Existing Credit Agreement is hereby amended by deleting “$45,000,000” where it appears therein and replacing it with “$39,750,000”.
Additional Tranche means an additional amount of Revolving Loan Commitment equal to $2,000,000.
Additional Tranche means an additional amount of Revolving Loan Commitments up to $10,000,000.
Additional Tranche means any additional Tranche of Certificates issued pursuant to Condition 22 (Further Issues);
Additional Tranche means either or both of the Second Tranche and Third Tranche.
Additional Tranche set forth in Section 1.1 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows: