Initial PSL Tranche definition

Initial PSL Tranche means a PSL Tranche consisting of 100% of the Initial PSL Revenues.
Initial PSL Tranche has the meaning assigned to that term in the Sale Agreement. “Initial Purchase Date” has the meaning assigned to that term in the Sale Agreement. “Misapplied Payment” has the meaning assigned to that term in the Sale Agreement.

Examples of Initial PSL Tranche in a sentence

  • The Seller agrees to sell the Initial PSL Tranche in accordance with the terms of the Agreement.

  • The Purchase Price for the Initial PSL Tranche shall be $40,000,000.

Related to Initial PSL Tranche

  • Initial Tranche means the first Tranche of a Series of ETP Securities issued.

  • Tranche the collective reference to Eurodollar 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).

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Single Tranche means the amount of the Financing allocated to the category entitled “Single Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).