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, in relation to a Bank at any time and save as otherwise provided herein, its Tranche A Commitment at such time less the aggregate of its share of the Tranche A Advances which are then outstanding provided that such amount shall not be less than zero.

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.

  • Inspite of computerization, numerous reports have to be submitted and enormous checking has to be done.

  • Subject to the applicable terms and conditions contained in Section 6 of this Agreement, the Borrower may borrow under (i) the Tranche A Commitments at any time prior to the Termination Date and/or (ii) the Tranche B Commitments at any time after the date on which the Total Available Tranche A Commitment equals zero (0), but prior to the Termination Date, on any Business Day by delivery to the Agent of an irrevocable notice substantially in the form of Exhibit I (a "Notice of Borrowing").


More Definitions of Available Tranche A Commitment

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.
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 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, 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;