Tranche 1 Bank definition

Tranche 1 Bank means each Bank which is a Bank immediately prior to the first Special Expiration Date.
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Tranche 1 Bank. Tranche 1 Letter of Credit", "Tranche 1 Letter of Credit Participating Intexxxx", "Xxxxxxx 0 Xxxx", "Xxxxxxx 0 Xxxter of Credit", "Tranche 2 Letter of Credit Participating Interest", "Tranche 2 Letter of Credit Participating Interest Commitment", "Tranche 2 Letter of Credit Participating Interest Committed Amount", "Tranche 2 Letter of Credit Participating Interest Commitment Percentage", "Tranche 3 Letter of Credit", "Tranche 4 Letter of Credit" and "Tranche X" shall have the respective meanings assigned to those terms in Section 2.15 hereof.
Sample 1
Tranche 1 Bank and other defined terms beginning with the word "Tranche" have the respective meanings specified in Section 2.18.
Sample 1

Examples of Tranche 1 Bank in a sentence

  • The Agent shall give each Tranche 1 Bank or Tranche 2 Bank, as the case may be, prompt notice of the creation of each Acceptance in the form of a notice of creation of Acceptance substantially in the form of Exhibit E hereto.

  • Each Term Loan Borrowing to be made by each Tranche 1 Bank shall be evidenced by a Term Loan Note duly executed by the Borrower, dated the Closing Date, in substantially the form attached hereto as Exhibit A-1 with the blanks appropriately filled, payable to the order of such Tranche 1 Bank in a principal amount equal to such Tranche 1 Bank's pro rata portion of such Term Loan.

  • No consent (other than the consent of the Administrative Agent), or minimum shall apply to any assignment by the initial Tranche 1 Bank to any bank or other financial institution (including funds that buy or invest in loans) so long as such investor or lender is legally permitted under its constituent documents to receive such assignment, and no consent, minimum or processing and recordation fee of $3,000 shall apply to any assignment by a Bank to any Related Fund of such Bank or any other Bank.


More Definitions of Tranche 1 Bank

Tranche 1 Bank means BT, its respective successors and, to the extent agreed to by such affiliates of the Tranche 1 Bank, its respective affiliates.
Sample 1
Tranche 1 Bank. TRANCHE 1 LETTER OF CREDIT", "TRANCHE 1 LETTER OF CREDIT COMMITMENT PERCENTAGE", "TRANCHE 2 BANK", "TRANCHE 2 LETTER OF CREDIT", "TRANCHE 2 LETTER OF CREDIT COMMITMENT PERCENTAGE", "TRANCHE 2 LETTER OF CREDIT COMMITMENT", "TRANCHE 2 LETTER OF CREDIT COMMITTED AMOUNT", "TRANCHE 2 LETTER OF CREDIT COMMITMENT PERCENTAGE", "TRANCHE 3 LETTER OF CREDIT", "TRANCHE 4 LETTER OF CREDIT" and "TRANCHE X" shall have the respective meanings assigned to those terms in Section 2.20 hereof.
Sample 1
Tranche 1 Bank. Tranche 1 Letter of Credit", "Tranche 1 Letter of Credit Participating Intexxxx", "Xxxxxxx 0 Xxxx", "Xxxxxxx 0 Xxxter of Credit", "Tranche 2 Letter of Credit Participating Interest", "Tranche 2 Letter of Credit Participating Interest Commitment", "Tranche 2 Letter of Credit Participating Interest Committed Amount", "Tranche 2 Letter of Credit Participating Interest
Sample 1

Related to Tranche 1 Bank

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • Tranche A Lender means a Lender with a Tranche A Commitment or an outstanding Tranche A Term Loan.

  • Tranche 2 means the amount of [**] to be applied in payment of the third pre-delivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto;

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Tranche A Lenders means the Lenders who hold Tranche A Loans or who have Tranche A Commitments.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Commitment Percentage means, as to any Lender at any time, the ratio of (a) the amount of the Commitment of such Lender to (b) the Aggregate Commitment of all of the Lenders.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Exiting Lender see Section 2.17.7.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.