Tranche 1 Term Loans definition

Tranche 1 Term Loans means Loans made or deemed made under clause (a) of Section 2.01.
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Tranche 1 Term Loans means the term loans held by the Tranche 1 Term Lenders.
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Tranche 1 Term Loans means all Term Loans other than Tranche 2 Term Loans or any other Extended Term Loans converted pursuant to an Extension Amendment.
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Examples of Tranche 1 Term Loans in a sentence

  • Amounts repaid or prepayed in respect of Tranche 1 Term Loans may not be reborrowed.

  • On the First Restatement Effective Date, the Tranche 1 Term Lenders made Tranche 1 Term Loans in an aggregate principal amount of $145,000,000.

  • The Revolving Advances may be Base Rate Advances or Eurodollar Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.8 and 2.9. Each Tranche 1 Term Loan Advance hereunder shall consist of Tranche 1 Term Loans made from the several Tranche 1 Term Loan Lenders ratably according to their Pro Rata Shares on the funding date for each such Advance.

  • For the avoidance of doubt, the total aggregate amount of all Tranche 1 Term Loans and Tranche 2 Term Loans that are converted into Tranche 3 Term Loans, taken together with the aggregate amount of Incremental Tranche 3 Term Loan Commitments that are accepted by the Administrative Agent and become effective on the Amendment Effective Date, shall not exceed the Tranche 3 Total Commitment Amount.

  • Amounts repaid or prepaid in respect of Tranche 1 Term Loans may not be reborrowed.

  • A Person shall become a Tranche 1 Lender and a party to the First Restated Credit Agreement by executing and delivering to the Administrative Agent, on or prior to the First Restatement Effective Date, a signature page to this Amendment as a "Tranche 1 Lender" setting forth the amount of Tranche 1 Term Loans that such Person commits to make.

  • The commitments of the Tranche 1 Lenders are several and no Tranche 1 Lender shall be responsible for any other Tranche 1 Lender’s failure to make Tranche 1 Term Loans.

  • The Borrowing of the Tranche 1 Term Loans under this Agreement is subject to the satisfaction of the conditions precedent set forth in Section 3 of the Amendment Agreement, except as otherwise agreed or waived pursuant to Section 13.1.

  • Each Borrowing of Loans (other than Tranche 1 Term Loans) shall be in a principal amount of $10,000,000 or a whole multiple of $10,000,000 in excess thereof.

  • The proceeds of the Tranche 1 Term Loans will be used only for the payment of amounts payable under the Put Agreement.


More Definitions of Tranche 1 Term Loans

Tranche 1 Term Loans means each Tranche 1 Revolving Loan that is converted into a term loan on the Commitment Expiration Date pursuant to Section 1.01(b).
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Tranche 1 Term Loans. “Tranche 2 Term Loans”, “Tranche 1 Revolving Commitments”, “Tranche 1 Synthetic LC Commitments”, “Tranche 1 Synthetic Deposit”, “Tranche 1 Synthetic Deposit Account”, “Synthetic Deposit Return” and “Tranche 1 Revolving Lenders” shall have the respective meanings assigned thereto in the Existing Senior Secured Credit Agreement. The provisions of Section 1.03 of the Restated Credit Agreement are hereby incorporated by reference herein, mutatis mutandis.
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Related to Tranche 1 Term Loans

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • New Term Loans as defined in Section 2.24.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

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

  • Tranche A Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

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

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

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

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

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).