Available Tranche A Commitment definition

Available Tranche A Commitment means a Lender's Tranche A Commitment minus:
Available Tranche A Commitment means, in relation to a Revolving Credit Facility Lender at any time, its Tranche A Facility Commitment less:
Available Tranche A Commitment means an amount equal to the excess, if any, of the Tranche A Term Loan Commitment over the aggregate principal amount of all Tranche A-1 Term Loans and Tranche A-2 Term Loans then outstanding.

Examples of Available Tranche A Commitment in a sentence

  • Such commitment fee shall be payable in arrears on the earlier of September 30, 2004 and the date of any Borrowing of Tranche A-1 Term Loans or Tranche A-2 Term Loans pursuant to Section 2.1(a)(iii), and shall be computed for each day during such period at a rate per annum equal to 0.50% on the Available Tranche A Commitment in effect on such day.

  • The Company shall pay to the Hotel Facility Agent (for the account of each Hotel Facility Lender) in arrears a commitment fee in US dollars computed at the rate of 1.25% per annum on that Hotel Facility Lender’s Available Tranche A Commitment and Available Tranche C Commitment for the Hotel Facility Availability Period.

  • The Company shall pay to the Project Facility Agent (for the account of each Project Facility Lender) in arrears a commitment fee in US dollars computed at the rate of 1.25% per annum on that Project Facility Lender’s Available Tranche A Commitment and Available Tranche C Commitment for the Project Facility Availability Period.

  • No Further Advances A Bank for whose account a repayment is to be made under Clause 0 (Repayment of a Bank's Share of the Loan) shall not be obliged to participate in the making of Advances on or after the date upon which the Agent receives the Principal Borrower's notice of its intention to procure the repayment of such Bank's share of the Loan, and such Bank's Available Tranche A Commitment and Available Tranche B Commitment shall be reduced to zero.

  • Tranche Commitment If a Bank's Tranche A Commitment and/or its Tranche B Commitment is reduced, in accordance with the terms hereof, after the relevant Agent has received a Utilisation Request or made an allocation hereunder then such part of the proposed Utilisation as is attributable to that Bank and exceeds its Available Tranche A Commitment or its Available Tranche B Commitment (as so reduced) shall not be made and the amount of such Utilisation shall be reduced accordingly.


More Definitions of Available Tranche A Commitment

Available Tranche A Commitment as to any Tranche A Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Tranche A Commitment then in effect over (b) the C$ Equivalent of such Lender’s Tranche A Loans then outstanding.
Available Tranche A Commitment means, in relation to a Tranche A Bank at any time and save as otherwise provided herein, its Tranche A Commitment less its share of the Outstandings in respect of Facility A at such time, and in the case of a proposed Tranche A Utilisation only, adjusted to take into account:
Available Tranche A Commitment means, in relation to a Project Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche A Commitment” in Schedule 1 (The Project Facility Lenders) less:
Available Tranche A Commitment means, in relation to a Hotel Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche A Commitment” in Schedule 1 (The Hotel Facility Lenders) less:
Available Tranche A Commitment means, at any time, an amount equal to the remainder, if any, of (a) the lesser of the Tranche A Commitment Amount or the Borrowing Base in effect at such time minus (b) Tranche A Obligations at such time.
Available Tranche A Commitment of a Lender means that Lender's Tranche A Commitment minus:
Available Tranche A Commitment means, in relation to a Bank, its Tranche A Commitment less its participation in any outstanding Tranche A Advances;