Revolving Tranche definition

Revolving Tranche means (a) the Revolving Credit Facility pursuant to which Revolving Credit Loans, New Revolving Loans or Letters of Credit are made under the Revolving Credit Commitments and (b) any Specified Refinancing Debt constituting revolving credit facility commitments, in each case, including the extensions of credit made thereunder. Additional Revolving Tranches may be added after the Closing Date pursuant to the terms hereof, e.g., New Revolving Commitments and Extended Revolving Commitments.
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Revolving Tranche means (a) the Dollar Tranche, (b) the Multicurrency Tranche and (c) any Specified Refinancing Debt constituting revolving credit facility commitments, in each case, including the extensions of credit made thereunder.
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Revolving Tranche means the Revolving A Tranche and/or the Revolving B Tranche, as applicable.
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Examples of Revolving Tranche in a sentence

  • The Company shall pay all Registration Expenses in connection with each registration of Registrable Securities requested pursuant to this Section 4, and each Selling Investor shall severally and not jointly pay its own Selling Expenses in connection with the registration and sale of the Registrable Securities by such Selling Investor.

  • However, gaps exist in Pakistan’s legal framework at federal and provincial level to adequately protect children from the worst forms of child labor, including the minimum age for work and for hazardous work.Table 4.

  • If the Borrower fails to so reimburse such L/C Issuer on such next Business Day, the L/C Issuer will notify the Administrative Agent thereof and the Administrative Agent shall promptly notify each Revolving Credit Lender under the applicable Revolving Tranche of the Honor Date, the amount of the unreimbursed drawing (the “Unreimbursed Amount”), and the amount of such Revolving Credit Lender’s Pro Rata Share thereof.

  • Any Lender (an “Extending Lender”) wishing to have all or a portion of its Specified Existing Tranche converted into an Extended Revolving Tranche shall notify the Administrative Agent (each, an “Extension Election”) on or prior to the date specified in such Extension Request of the amount of its Specified Existing Tranche that it has elected to convert into an Extended Revolving Tranche.

  • Any Extended Revolving Tranche shall constitute a separate Tranche of Loans from the Specified Existing Tranches and from any other Existing Revolving Tranches (and any other Extended Revolving Tranches so established on such date).


More Definitions of Revolving Tranche

Revolving Tranche means (a) the Revolving Credit Facility, (b) any Extended Revolving Credit Commitments, and (c) any commitments with respect to Incremental Revolving Facilities (other than any Incremental Revolving Facility in the form of an increase to the Commitments under the Revolving Credit Facility), in each case, including the extensions of credit made thereunder.
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Revolving Tranche means, together, Tranche L and the R Tranches;
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Revolving Tranche when used in reference to any Revolving Commitment, Revolving Loan or Revolving Borrowing, refers to whether such Revolving Commitment, Revolving Loan, or the Revolving Loans comprising such Revolving Borrowing, are Multicurrency Revolving Commitments or Multicurrency Revolving Loans or U.S. Revolving Commitments or U.S. Revolving Loans.
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Revolving Tranche means the revolving credit facility made available by the Lenders to the Borrower pursuant to Section 2.1(a)(ii).
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Revolving Tranche. A Tranche B Tranche C Revolving Dollar Sterling --------- --------- --------- ---------------- ------------------------------------------------------------------------------------------------------------------ Leverage Euro- Euro- Euro- Euro- Ratio Base dollar Base dollar Base dollar Base dollar ---- ---- ------ ---- ---- ---- ------ ---- ------ ------------------------------------------------------------------------------------------------------------------------------ Greater than or equal to 4.00 to 1.00 1.75 2.75 2.25 3.25 2.50 3.50 1.75 2.75 2.75 ------------------------------------------------------------------------------------------------------------------------------ Greater than or equal to 3.50 to 1.00 1.50 2.50 2.25 3.25 2.50 3.50 1.50 2.50 2.50 ------------------------------------------------------------------------------------------------------------------------------ Greater than or equal to 3.00 to 1.00 1.25 2.25 2.25 3.25 2.50 3.50 1.25 2.25 2.25 ------------------------------------------------------------------------------------------------------------------------------ Greater than or equal to 2.50 to 1.00 1.00 2.00 2.00 3.00 2.25 3.25 1.00 2.00 2.00 ------------------------------------------------------------------------------------------------------------------------------ Greater than or equal to 2.00 to 1.00 0.75 1.75 2.00 3.00 2.25 3.25 0.75 1.75 1.75 ------------------------------------------------------------------------------------------------------------------------------ Less than 2.00 to 1.00 0.50 1.50 2.00 3.00 2.25 3.25 0.50 1.50 1.50 ------------------------------------------------------------------------------------------------------------------------------
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Revolving Tranche means the Revolving Commitments, the Revolving Loans including the Swing Line Loans and the LC Exposure.
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Revolving Tranche means (a) the Dollar Tranche, (b) the Multicurrency Tranche and (c) any Specified Refinancing Debt constituting revolving credit facility commitments, in each case, including the extensions of credit made thereunder. Additional Revolving Tranches may be added after the Closing Date as provided in Section 2.14, i .e., New Revolving Commitments.
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