Floating Tranche definition

Floating Tranche means, with respect to any CP Conduit Purchaser Group, the portion of the APA Bank Funded Amount with respect to such CP Conduit Purchaser Group not allocated to a Eurodollar Tranche.

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Floating Tranche means, with respect to any Purchaser Group, the portion of the APA Bank Funded Amount with respect to such Purchaser Group not allocated to a Eurodollar Tranche.

Floating Tranche means the Tranche (as hereinafter defined) of the proceeds of the Credit allocated to Category (3) in the table set forth in paragraph 1 of Schedule 1 to this Agreement;

Examples of Floating Tranche in a sentence

• Such notice shall state (x) the Issuance Date or the Increase Date, as the case may be; (y) the Initial Series 1997-2 Invested Amount or the proposed amount of such Increase (the "Increase Amount"), as the case may be; and (z) what portions thereof will be allocated to a Eurodollar Tranche and the Floating Tranche.

• Such notice shall state (x) the Issuance Date or the Increase Date, as the case may be, (y) the initial invested amount (the "INITIAL SERIES 1998-2 INVESTED AMOUNT"), or the proposed amount of such Increase (the "INCREASE AMOUNT"), as the case may be, and (z) on and after the APA Bank Purchase Date, what portions thereof will be allocated to a Eurodollar Tranche and the Floating Tranche.

• The [Master Servicer] [Company] hereby requests [a purchase in respect of the initial issuance of Investor Certificates] [an Increase] be made by the Purchasers on ______, ___ in the aggregate amount of $_______, such [purchase] [Increase] to be allocated to a [Floating Tranche] [Eurodollar Tranche with a Eurodollar Period of one month].

• If the Funding Agent and the Administrator determine that allocation of all or any portion of the APA Bank Funded Amount to one or more Eurodollar Tranches is not practical or advisable, then the portion of the APA Bank Funded Amount for any Purchaser Group not allocated to a Eurodollar Tranche shall be part of the Floating Tranche.

• Calculations of per annum rates under this Supplement shall be made on the basis of a 360- (or 365-/366- in the case of interest on the Floating Tranche based on the Prime Rate) day year.

More Definitions of Floating Tranche

Floating Tranche means, with respect to any Purchaser, the portion of the APA Bank Funded Amount with respect to such Purchaser not allocated to a Eurodollar Tranche.

Floating Tranche means, a Funding Tranche that accrues interest at the Base Rate.

Floating Tranche means that portion of the Series 1997-2 Invested Amount not allocated to a Eurodollar Tranche for which the Series 1997-2 Monthly Interest is calculated by reference to the ABR.

Floating Tranche means, on or after the APA Bank Purchase Date, that portion of the Series 1998-1 Invested Amount not allocated to a Eurodollar Tranche for which the Series 1998-1 Monthly Interest is calculated by reference to the Alternate Base Rate.

Floating Tranche means the amount of the Credit referred to in Section 2.01 (c) of this Agreement;

Floating Tranche means the amount of the Loan referred to in Section 2.01 (c) of this Agreement.

Floating Tranche means the Tranche (as hereinafter defined) of the proceeds of the Credit allocated to Category (2) in the table set forth in paragraph 1 of Schedule 1 to this Agreement;