Portion 1 definition

Portion 1 means the aggregate principal amount of the Tranches or (as the context may require) the amount thereof for the time being drawn down and outstanding hereunder in whatever currency or currencies it is for the time being denominated;
View Source
Portion 1 means the aggregate principal amount of the Portion 1 Tranches or (as the context may require) the amount thereof for the time being drawn down and outstanding hereunder;
View Source
Portion 1 of the Reserve Fund shall consist of amounts deposited pursuant to Section 3.26(a)(i), above, plus any amounts earned on any such funds while on deposit in the Reserve Fund. "Portion 2" of the Reserve Fund shall consist of amounts deposited pursuant to Sections 3.26(a)(ii), (a)(iii), and (a)(iv), above, plus any amounts earned on any such funds while on deposit in the Reserve Fund. Amounts distributed from the Reserve Fund under Sections 4.01(d)(ii) and 3.26(c) shall be deemed to be distributed first from Portion 1 of the Reserve Fund to the extent thereof and then from Portion 2.
View Source

Examples of Portion 1 in a sentence

  • Amounts distributed from the Reserve Fund under Sections 4.01(d)(ii) and 3.26(c) shall be deemed to be distributed first from Portion 1 of the Reserve Fund to the extent thereof and then from Portion 2.

  • Pre-Delivery Interest Periods shall commence, in the case of the first in respect of the first part of Portion 1 and Portion 2 to be drawn down, on the First Drawdown Date, in the case of the first in respect of the first part of Portion 3 to be drawn down on the first Pre-Delivery Interest Payment Date and, in the case of Pre-Delivery Interest Periods other than the first in respect of any Portion or part thereof, on the expiry of the preceding Pre-Delivery Interest Period.

  • Portion 1 - will include the actual expenditures made during the previous two business days, Portion 2 - will include an estimate of the expenditures to be made in the next three business days.

  • All Portion 1 Tranches other than Tranche 1 drawn down hereunder shall be paid to the Builder.

  • All Portion 1 Tranches drawn down hereunder shall be paid to the Builder.

  • Pre-Redelivery Interest Periods shall commence, in the case of the first in respect of the first part of Portion 1 and Portion 2 to be drawn down, on the First Drawdown Date, in the case of the first in respect of the first part of Portion 3 to be drawn down on the first Pre-Redelivery Interest Payment Date and, in the case of Pre-Redelivery Interest Periods other than the first in respect of any Portion or part thereof, on the expiry of the preceding Pre-Redelivery Interest Period.

  • The Trustee shall hold the funds in Portion 1 of the Reserve Fund uninvested in an Eligible Account.

  • For federal and state income tax purposes, the Trustee shall be deemed to be the owner of Portion 1 of the Reserve Fund and no amount shall be transferred by any REMIC to Portion 1 of the Reserve Fund.

  • We hereby give you notice that we wish to draw down the amount of [[ ] Dollars (USD[ ]) being the amount of Tranche [ ] of Portion 1] [and] [the Equivalent Amount of [ ] Euro (EUR[ ]) being Tranche [A/B/C] of Portion 2] under Clause 2.3 of the Loan Agreement on [ ] 200[ ].

  • We hereby give you notice that we wish to draw down [the Equivalent Amount of] [[ ] Euro (€[ ]) being the amount of Tranche [ ] of Portion 1] [and] [[ ] Euro (€[ ]) being Tranche [A/B/C] of Portion 2] under Clause 2.3 of the Loan Agreement on [ ] 200[ ].


More Definitions of Portion 1

Portion 1 of the Net WAC Rate Carryover Reserve Fund will consist of amounts deposited pursuant to Section 3.26(a)(i), above, plus any amounts earned on any such funds while on deposit in the Net WAC Rate Carryover Reserve Fund. "Portion 2" of the Net WAC Rate Carryover Reserve Fund will consist of amounts deposited pursuant to Sections 3.26(a)(ii), (a)(iii), and (a)(iv), above, plus any amounts earned on any such funds while on deposit in the Net WAC Rate Carryover Reserve Fund. Amounts distributed from the Net WAC Rate Carryover Reserve Fund under Sections 4.01(d)(ii) and 3.26(c) shall be deemed to be distributed first from Portion 1 of the Net WAC Rate Carryover Reserve Fund to the extent thereof and then from Portion 2.
View Source

Related to Portion 1

  • Active User means PSC employees, and any users actively participating on the system in any given month of operation, who shall be bound to the terms and conditions of this Agreement. Licensor does not impose a limit on the number of Active Users accessing or registering to use the system.

  • total allowable catch (TAC) means:

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Acre-foot means the amount of water necessary to cover one acre of land to the depth of one foot, or 325,851 U.S. gallons of water.

  • Grave space means a space of ground in a cemetery that is used or intended to be used for an in-ground burial.