Tranche 2 Loan definition

Tranche 2 Loan has the meaning specified in Section 2.01(b).
Tranche 2 Loan means any Tranche 2 Loan made pursuant to the Tranche 2 Commitments.
Tranche 2 Loan has the meaning set forth in the first recital hereto.

Examples of Tranche 2 Loan in a sentence

  • 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 24 July, 2012 MFF - Sustainable Urban Transport Investment Program, Tranche 2 Loan and Project agreements were signed between Georgia and Asian Development Bank.

  • The Tranche 2 Loan was payable as interest-only prior to October 31, 2015 and thereafter is payable in monthly installments of principal plus accrued interest until February 22, 2018.

  • On 24 July, 2012 MFF - Sustainable Urban Transport Investment Program Tranche 2 Loan and Project agreements were signed between Georgia and Asian Development Bank.

  • Upon the election of the Majority Lenders to fund the Tranche 2 Loan, each Lender shall be obligated to fund its Proportionate Share of the Tranche 2 Loan; provided that, upon the election of the Majority Lenders to fund the Tranche 2 Loan, Borrower shall be deemed to have requested a Borrowing of, and shall accept the funding of, the Tranche 2 Loan.


More Definitions of Tranche 2 Loan

Tranche 2 Loan means a loan made under Tranche 2 or the principal amount outstanding for the time being of that loan.
Tranche 2 Loan means the loan specified in Section 3.01(b) or, as the context may require, the principal amount thereof from time to time outstanding.
Tranche 2 Loan means the maximum principal amount of the loan provided for in Section 3.01(2) or, as the context may require, the principal amount thereof from time to time outstanding.
Tranche 2 Loan. The Tranche 2 Loan shall be repaid in full in a single installment in the amount of $8,750,000 on 15 December 2001, provided that if 15 December 2001 shall fall on a day that is not a Business Day, such "Tranche 2 Repayment Date").
Tranche 2 Loan means each loan advanced by a Lender pursuant to Section 2.01(a) as part of a Tranche 2 Borrowing.
Tranche 2 Loan means a Canadian Prime Rate Loan, a Canadian Base Rate Loan, a Bankers’ Acceptance or a BA Equivalent Advance.