Tranche 1 Loan definition

Tranche 1 Loan has the meaning specified in Section 2.01(a).
Tranche 1 Loan means any Tranche 1 Loan made pursuant to the Tranche 1 Commitments.
Tranche 1 Loan has the meaning set forth in the first recital hereto.

Examples of Tranche 1 Loan in a sentence

  • If such Tranche 1 Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Tranche 1 Lender’s Tranche 1 Loan included in the relevant Tranche 1 Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be.

  • If such Tranche 1 Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Tranche 1 Lender’s Tranche 1 Loan included in the relevant Tranche 1 Borrowing or funded participation in the relevant Swing Line Loan, as the case may be.

  • No Tranche 1 Loan may be converted into or continued as a Tranche 2 Loan, and no Tranche 2 Loan may be converted into or continued as a Tranche 1 Loan.

  • On 05 August, 2010 MFF - Sustainable Urban Transport Investment Program Tranche 1 Loan and Project agreements were signed between Georgia and Asian Development Bank.

  • The Tranche 1 Loan was payable as interest-only until June 30, 2015 and thereafter is payable in monthly installments of principal plus accrued interest until February 22, 2018.


More Definitions of Tranche 1 Loan

Tranche 1 Loan means a Loan (a) made pursuant to clause (a) of Section 2.01 or (b) resulting from the Conversion of a Tranche 2 Loan into a Tranche 1 Loan pursuant to Section 2.22.
Tranche 1 Loan has the meaning specified in Section 2(a)(i) of the Facility Agreement.
Tranche 1 Loan means the loan specified in Section 3.01(a) or, as the context may require, the principal amount thereof from time to time outstanding.
Tranche 1 Loan means the maximum principal amount of the loan provided for in Section 3.01(1) or, as the context may require, the principal amount thereof from time to time outstanding.
Tranche 1 Loan means $17,500,000, the full amount of which was outstanding pursuant to the First Amended and Restated Credit Agreement.
Tranche 1 Loan has the meaning specified in Section 2.01(a). “Tranche 2” means the Tranche 2 Commitments. “Tranche 2 Borrowing” means a borrowing consisting of simultaneous Tranche 2 Loans of the same Type, in the same currency and, in the case of Eurocurrency RateTerm SOFR Loans or Alternative Currency Term Rate Loans, having the same Interest Period made by each of the Tranche 2 Lenders pursuant to Section 2.01(b). “Tranche 2 Commitment” means, as to each Tranche 2 Lender, its obligation to make Tranche 2 Loans to the Borrowers pursuant to Section 2.01(b) in an aggregate principal amount at any one time outstanding not to exceed the Dollar amount set forth opposite such Tranche 2 Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Tranche 2 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. “Tranche 2 Facility Fee” has the meaning specified in Section 2.09(a)(ii). “Tranche 2 Lender” means a Lender with a Tranche 2 Commitment or holding Tranche 2 Loans. “Tranche 2 Loan” has the meaning specified in Section 2.01(b). “Transaction Agreements” has the meaning specified in the recitals hereto. 41