Tranche 1 Loan definition

Tranche 1 Loan has the meaning specified in Section 2.01(a).

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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.
For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a "Tranche 1 Loan") or by Type (e.g., a "LIBOR Loan") or by Class and Type (e.g., a "Tranche 1 LIBOR Loan").
Set forth on Schedule 7.13(b) is a complete and correct (in reasonable detail) of all outstanding Indebtedness outstanding on the Closing Date that will be repaid and satisfied in full on the Closing Date with proceeds of the Tranche 1 Loan.

More Definitions of Tranche 1 Loan

Tranche 1 Loan means a Tranche 1 Loan made pursuant to Section 2.01. --------------

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 has the meaning specified in Section 2(a)(i) of the Facility Agreement.

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 the principal amount from time to time outstanding with respect to the Tranche 1 Commitment.

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 means each loan advanced by a Lender pursuant to Section 2.01(a) as part of a Tranche 1 Borrowing. “Tranche 2 Borrowing” means a borrowing consisting of Tranche 2 Loans made on the same day by the Lenders in accordance with their respective Proportionate Share of the Commitment in an aggregate principal amount of $15,000,000. “Tranche 2 Loan” means each loan advanced by a Lender pursuant to Section 2.01(a) as part of a Tranche 2 Borrowing. “Tranche 3 Borrowing” means a borrowing consisting of Tranche 3 Loans made on the same day by the Lenders in accordance with their respective Proportionate Share of the Commitment in an aggregate principal amount of $25,000,000. “Tranche 3 Loan” means each loan advanced by a Lender pursuant to Section 2.01(a) as part of a Tranche 3 Borrowing. “Transactions” means the execution, delivery and performance by each Obligor of this Agreement and the other Loan Documents to which such Obligor is intended to be a party, and the Borrowings (and the use of the proceeds of the Loans), the consummation of the purchase and sale of the Shares in connection with the exercise of the Share Purchase Option under and in accordance with the Option Agreement and the consummation of the other transactions contemplated by this Agreement and the other Loan Documents. “UCC” means the Uniform Commercial Code in effect in the State of New York; provided, however, that in the event that, by reason of mandatory provisions of Law, any or all of the attachment, perfection, or priority of, or remedies with respect to the Administrative Agent’s Lien on any Collateral is governed by the Uniform Commercial Code in effect in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the provisions thereof relating to such attachment, perfection, priority or remedies, and for purposes of definitions relating to such provisions. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “U.S. Person” means a “United States Person” within the meaning of Section 7701(a)(30) of the Code. “U.S. Tax Compliance Certificate” has the meaning set forth in Section 5.01(e)(ii)(B)(3). 136...