Available Tranche A Facility definition

Available Tranche A Facility means the aggregate for the time being of each Lender's Available Tranche A Commitment.
Available Tranche A Facility means, at any time, the aggregate amount of the Available Tranche A Commitments of all the Project Facility Lenders at such time.
Available Tranche A Facility means, at any time, the aggregate amount of the Available Tranche A Commitments of all the Hotel Facility Lenders at such time.

Examples of Available Tranche A Facility in a sentence

  • Reduction of Available Commitment If a Bank's Tranche A Commitment or Tranche B Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for an Advance and such reduction was not taken into account in the Available Tranche A Facility or Available Tranche B Facility, then both the Original EURO Amount and the amount of that Advance shall be reduced accordingly.

  • The Principal Borrower may, by giving to the Agent not less than fifteen Business Days' prior notice to that effect, cancel the whole or any part (such part being an amount of euro 10,000,000 or more) of the Available Tranche A Facility or Available Tranche B Facility.

  • A Commitment If a Bank's Available Tranche A Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for a Tranche A Advance and such reduction was not taken into account in the Available Tranche A Facility, then both the Original USD Amount and the amount of that Tranche A Advance shall be reduced accordingly.


More Definitions of Available Tranche A Facility

Available Tranche A Facility means, at any time, the aggregate amount of the Available Tranche A Commitments adjusted, in the case of any proposed drawdown, so as to take into account:
Available Tranche A Facility means the total amount of the Available Tranche A Commitments of all the Lending Banks;
Available Tranche A Facility means, at any time, the aggregate amount of the Available Tranche A Commitments adjusted, in the case of any proposed drawdown, so as to take into account: any reduction in the Tranche A Commitment of a Bank on or before the proposed drawdown date pursuant to the terms hereof; any Tranche A Advance which, pursuant to any other drawdown, is to be made; and any Tranche A Advance which is due to be repaid, on or before the proposed drawdown date.
Available Tranche A Facility means the aggregate for the time being of the Available Tranche A Commitment.
Available Tranche A Facility in the Phase 2 Credit Agreement;