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Euro Tranche definition

Euro Tranche means the revolving credit facility described in Article III.
Euro Tranche means that €116,000,000 tranche which forms part of the Existing Revolving Credit Loans.
Euro Tranche means the aggregate principal amount or face amount of all Loans and Letters of Credit denominated in Euros as committed, loaned or issued, as applicable, to Euro Borrowers.

Examples of Euro Tranche in a sentence

  • The Borrower shall repay to the Administrative Agent, for the benefit of the Euro Tranche Term Lenders, on the Euro Tranche Term Loan Maturity Date, the then-outstanding Euro Tranche Term Loans, in Euro.

  • Each Borrowing of (i) Initial Term Loans, (ii) Delayed Draw Term Loans and (iii) Euro Tranche Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Initial Term Loan Commitments, Delayed Draw Term Loan Commitments and Euro Tranche Term Loan Commitments, respectively.

  • Each prepayment in respect of any Term Loans pursuant to this Section 5.1 shall be (a) applied to the Class or Classes of Term Loans as the Borrower may specify and (b) applied to reduce Initial Term Loan Repayment Amounts, Delayed Draw Repayment Amounts, Euro Tranche Repayment Amounts, any New Term Loan Repayment Amounts, and Extended Term Loan Repayment Amounts, as the case may be, in each case, in such order as the Borrower may specify.

  • On the 2014 Term Loan Maturity Date: (x) all then unpaid Initial Term Loans shall be repaid in full in Dollars, (y) all then unpaid Delayed Draw Term Loans shall be repaid in full in Dollars and (z) all then unpaid Euro Tranche Term Loans shall be repaid in full in Euro.

  • Each Euro Tranche Loan shall be made as part of a Borrowing consisting of Euro Tranche Loans made by the Euro Tranche Lenders (or their Affiliates as provided in paragraph (b) below) ratably in accordance with their respective Euro Tranche Commitments.


More Definitions of Euro Tranche

Euro Tranche means the aggregate principal amount or face amount of all Loans and Letters of Credit denominated in Euros as committed, loaned or issued, as applicable, to Euro Tranche Borrowers.
Euro Tranche means the amount of the Loan specified in Section 2.01 (b) of this Agreement.
Euro Tranche has the meaning given to it in paragraph (a) of Clause 2.1 (Grant of the Facility);
Euro Tranche the collective reference to Euro Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).
Euro Tranche means that €116,000,000 tranche which forms part of the Existing Revolving Credit Loans. “Event of Default” has the meaning specified in Section 8.01.
Euro Tranche means, at any time, the Euro Tranche Term Commitments of all the Lenders.
Euro Tranche means the tranche described in Article II.