Minimum Tranche Amount definition

Minimum Tranche Amount has the meaning specified in Section 2.15(b).
Minimum Tranche Amount has the meaning assigned to such term in Section 2.23(b).
Minimum Tranche Amount as defined in Section 2.25(b).

Examples of Minimum Tranche Amount in a sentence

  • No continuation or conversion shall be permitted if such continuation or conversion would cause the aggregate outstanding principal amount of any LIBOR Tranche which would remain outstanding or the aggregate outstanding principal amount of all Prime Rate Tranches which would remain outstanding to be less than the Minimum Tranche Amount.

  • Partial prepayments of Loan D shall be made in a minimum amount equal to or greater than the applicable Minimum Borrowing Amount, shall not cause any Tranche to be less than the Minimum Tranche Amount, and shall not cause the outstanding principal amount of Loan D to be less than the applicable Minimum Borrowing Amount.

  • Partial prepayments of Loan C shall be made in a minimum amount equal to or greater than the applicable Minimum Borrowing Amount, shall not cause any Tranche to be less than the Minimum Tranche Amount, and shall not cause the outstanding principal amount of Loan C to be less than the applicable Minimum Borrowing Amount.

  • ORENCIA is not recommended for use concomitantly with other biologic rheumatoid arthritis (RA) therapy, such as anakinra.

  • Loan C Borrowings must be made in an amount equal to or greater than the applicable Minimum Borrowing Amount and be made in multiples of the Minimum Tranche Amount.


More Definitions of Minimum Tranche Amount

Minimum Tranche Amount shall have the meaning given to such term in Section 2.19(b).
Minimum Tranche Amount means, with respect to any Tranche, $1,000,000.
Minimum Tranche Amount shall have the meaning provided in Section 2.16.
Minimum Tranche Amount shall have the meaning provided in Section 2.18. “Moody’s” shall mean Xxxxx’x Investors Services, Inc. “NAIC” shall mean the National Association of Insurance Commissioners. “Net Equity Proceeds” shall mean, with respect to each sale or issuance by Silgan of its equity (other than any sales or issuances to any Subsidiary or Unrestricted Subsidiary of Silgan), the cash proceeds received by Silgan therefrom (net of underwriting discounts and commissions and other reasonable costs associated therewith). “Net Equity Proceeds Amount” shall mean, at any time, an amount equal to the sum of (i) $16,700,000 and (ii) the Net Equity Proceeds received by Xxxxxx after September 30, 2016, with the Net Equity Proceeds Amount to be immediately reduced by (i) the amount of any Permitted Debt Repurchases made with Net Equity Proceeds, (ii) the amount of any Permitted Acquisitions made with Net Equity Proceeds, (iii) the amount of any Investments made pursuant to Section 9.05(xiii) or guarantees entered into pursuant to Section 9.04(xii) in each case with Net Equity Proceeds and (iv) the amount of any cash Dividends paid or made pursuant to Sections 9.03(iii) and (iv) with Net Equity Proceeds. “Net Insurance Proceeds” shall mean, with respect to any Recovery Event, the cash proceeds received by the respective Person therefrom (net of (i) reasonable costs and taxes associated therewith and (ii) the amount of such insurance or condemnation proceeds required to be used to repay any Indebtedness (other than Indebtedness secured under the Security Documents) which is secured by the respective assets subject to such Recovery Event). “Net Sale Proceeds” shall mean, for any Asset Sale or sale and leaseback transaction, the gross cash proceeds (including any cash received by way of deferred payment pursuant to a promissory note, receivable or otherwise, but only as and when received) received from such Asset Sale or sale and leaseback transaction net of (i) the reasonable costs incurred in connection therewith, (ii) the amount of such gross cash proceeds required to be used to repay any Indebtedness (other than Indebtedness secured under the Security Documents) which is secured by the respective assets which were sold and (iii) the estimated marginal increase in taxes which will be payable by Xxxxxx’s consolidated group with respect to the year in which sale occurs as a result thereof. “Non-Consenting Lender” shall mean any Lender that does not approve any consent, waiver, amendment,...
Minimum Tranche Amount has the meaning specified in Section 2.15(a). “Moody’s” means Xxxxx’x Investors Service, Inc. and any successor thereto. “Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which any Loan Party or any ERISA Affiliate makes or is obligated to make contributions, or during the immediately preceding six (6) years, has made or been obligated to make contributions. “Necessary Cure Amount” has the meaning specified in Section 8.05(b). “Net Cash Proceeds” means: (a) with respect to the Disposition of any asset by any Parent, any Borrower or any Restricted Subsidiary or any Casualty Event, an amount equal to the excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such Disposition or Casualty Event (including any cash or Cash Equivalents received by way of deferred payment pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received and, with respect to any Casualty Event, any insurance proceeds or condemnation awards in respect of such Casualty Event actually received by or paid to or for the account of any Parent, any Borrower or any Restricted Subsidiary) over (ii) the sum of (A) the principal amount, premium or penalty, if any, interest and other amounts on any Indebtedness that is secured by the asset subject to such Disposition or Casualty Event and that is required to be repaid (and is timely repaid) in connection with such Disposition or Casualty Event (other than Indebtedness under the Loan Documents and Indebtedness that is secured by Liens ranking junior to or pari passu with the Liens securing Obligations under the Loan Documents), (B) the out-of-pocket fees and expenses (including attorneys’ fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, other customary expenses and brokerage, consultant and other customary fees) actually incurred by such Parent, such Borrower or such Restricted Subsidiary in connection with such Disposition or Casualty Event, (C) Taxes paid or reasonably estimated to be actually payable in connection therewith (including, for the avoidance of doubt, any income, withholding and other Taxes payable as a result of the distribution of such proceeds to any Borrower), and (D) any reserve for adjustment in respect of (x) the sale price of such asset or assets or purchase price adjustment establis...
Minimum Tranche Amount means $1,000,000 for each Base Rate Tranche and $5,000,000 for each LIBOR Tranche.
Minimum Tranche Amount as defined in Section 2.25(b). “Minority Lender”: as defined in Section 10.1(b).