Tranche 2 Borrowing Date definition

Tranche 2 Borrowing Date means the date on which the Tranche 2 Loans are made pursuant to the terms and conditions hereof.
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Tranche 2 Borrowing Date means January 15, 2016, the date on which the Tranche 2 Loans were borrowed.
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Tranche 2 Borrowing Date means the date on which the Tranche 2 Loan is made pursuant to the terms and conditions hereof. “Tranche 2 Borrowing Date Certificate” has the meaning set forth in Section 6.02(a). “Tranche 2 Facility Fee” has the meaning set forth in the Fee Letter. “Tranche 2 Loan” has the meaning set forth in the third recital hereto. “Tranche 2 Loan Commitment Amount” means the Commitment of the Lenders, subject to the terms and conditions set forth herein, to make the Tranche 2 Loan in the amount of $15,200,000. “Tranche 3 Borrowing Date” means the date on which a Tranche 3 Loan is made pursuant to the terms and conditions hereof. “Tranche 3 Loans” has the meaning set forth in the third recital hereto. “Transactions” means the negotiation, preparation, execution, delivery and performance by each Obligor of this Agreement and the other Loan Documents to which such Obligor is (or is intended to be) a party, the making of the Loans hereunder, and all other transactions contemplated pursuant to this Agreement and the other Loan Documents. “Treasury Rate” means, for the purpose of calculating any Make-Whole Amount, the yield to maturity implied by the yield(s) for the most recently issued actively traded on-the-run U.S. Treasury securities as quoted on the display designated as “Page PX1” (or such other display as may replace Page PX1) on Bloomberg Financial Markets as of approximately 5:00 p.m. (New York City time) on the second Business Day immediately preceding the date of any repayment or prepayment that is the subject of such Make-Whole Amount, in respect of that period which is mathematically closest in duration to the actual period over which such determination is to be assessed for the purposes of making a present value calculation. The
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Examples of Tranche 2 Borrowing Date in a sentence

  • The Borrower shall use the proceeds of the Tranche 2 Loan solely for the redemption of the Existing 2025 Convertible Notes in full no later than three (3) Business Days after the Tranche 2 Borrowing Date.


More Definitions of Tranche 2 Borrowing Date

Tranche 2 Borrowing Date means the date of the Borrowing of the Tranche 2 Loan hereunder, which shall be no sooner than the date on the conditions precedent set forth in Section 6.02 shall have been satisfied for such Borrowing.
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Tranche 2 Borrowing Date means the date on which the Tranche 2 Loans are made pursuant to the terms and conditions hereof. “Tranche 2 Borrowing Date Certificate” has the meaning set forth in Section 6.02(c).
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Related to Tranche 2 Borrowing Date

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.