Examples of Maximum Tranche A Amount in a sentence
Payable in arrears and fully earned on the first day of each month during the term of this Agreement, (i) for the ratable benefit of the Tranche A Lenders, an unused line fee in an amount equal to 0.5% per annum times the Average Unused Portion of the Maximum Tranche A Amount, and (ii) for the ratable benefit of the Tranche B Lenders, an unused line fee in an amount equal to 0.5% per annum times the Average Unused Portion of the Maximum Tranche B Amount.
The aggregate amount of Tranche A Revolving Credit Advances outstanding shall not exceed at any time the lesser of (A) the Maximum Tranche A Amount and (B) the Tranche A Borrowing Base, in each case less the sum of the Letter of Credit Obligations and the Swing Line Loan outstanding at such time ("Tranche A Borrowing Availability").
Subject to the terms and conditions of this Agreement, during the applicable Commitment Period, the Banks shall make a Tranche A Loan or Tranche A Loans to Borrower in such amount or amounts as Borrower may from time to time request, but not exceeding in aggregate principal amount at any time outstanding hereunder the Maximum Tranche A Amount, when such Tranche A Loans are combined with the Swing Line Exposure.
Anything to the contrary in this Section 2.1 notwithstanding, the Borrower shall not have the right to require Lenders with Tranche B Commitments to make Tranche B Revolving Loans unless the Tranche A Lenders' Outstandings that are Tranche A Revolving Loans at the time of Borrowing (or after giving effect to the Tranche A Revolving Loans which will be part of the proposed Borrowing) equal the Maximum Tranche A Amount.
In this regard, it states that access may be denied if the planned use may cause, inter alia, an undesirable impact on the environment, an ecosystem, human health or the cultural values of local communities (Art.