Tranche 3 Borrowing Date definition

Tranche 3 Borrowing Date means the date on which the Tranche 3 Loans are made pursuant to the terms and conditions hereof.
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Tranche 3 Borrowing Date means the Business Day on which the Tranche 3 Loan hereunder is made, which shall be (x) no sooner than the date on which each of the conditions precedent set forth in Section 6.03 shall have been satisfied and (y) no later than March 31, 2020.
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Tranche 3 Borrowing Date means the date on which the Tranche 3 Loan is made pursuant to the terms and conditions hereof. “Tranche 3 Loan” has the meaning set forth in the first recital hereto.
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Examples of Tranche 3 Borrowing Date in a sentence

  • The obligation of each Lender to make its Tranche 3 Loan on the Tranche 3 Borrowing Date shall be subject to the prior making of the Tranche 1 Loan on the Tranche 1 Borrowing Date, the prior making of the Tranche 2 Loan on the Tranche 2 Borrowing Date, the delivery of a Borrowing Notice as required pursuant to Section 2.02 and the prior or concurrent satisfaction (or waiver thereof by the Agent) of each of the conditions precedent set forth below in this Section 6.03.

  • The Tranche 3 Borrowing Date shall have occurred on or before June 30, 2023.

  • All documents and agreements required to be appended to the Tranche 3 Borrowing Date Certificate, if any, shall be in form and substance reasonably satisfactory to the Administrative Agent, shall have been executed and delivered by the requisite parties, and shall be in full force and effect.

  • The Borrower shall have paid to the Agent for its account and the account of each Lender, the Undrawn Fees accrued through the Tranche 3 Borrowing Date, and all other fees, reasonable and documented out-of-pocket costs and expenses, if any, due and payable pursuant to Section 14.03 (including the Agent’s and the Lenders’ reasonable and documented out-of-pocket legal fees and expenses).

  • The Administrative Agent shall have received a Note in favor of each Lender for the Tranche 3 Loan being made by it on the Tranche 3 Borrowing Date, duly executed and delivered by a Responsible Officer of the Borrower.

  • The Administrative Agent shall have received evidence satisfactory to it that, both immediately before and after giving effect to the Borrowing on the Tranche 3 Borrowing Date, the Borrower is in compliance with the covenant set forth in Section 10.01.

  • The Tranche 3 Borrowing Date shall have occurred on or before September 30, 2020.

  • Areas of Perhutani-owned forest and plantation areas can be seen in the appendix.

  • The obligation of each Lender to make its Tranche 3 Loan on the Tranche 3 Borrowing Date shall be subject to the satisfaction (or waiver) of the conditions set forth in Section 6.01, the delivery of a Borrowing Notice as required pursuant to Section 2.02, the delivery of a funds flow memorandum summarizing, in reasonable detail, the use of proceeds of the Tranche 3 Loans, and the prior or concurrent satisfaction (or waiver) of each of the conditions precedent set forth below in this Section 6.03.

  • For the trailing twelve (12) month period ending on or before the Tranche 3 Borrowing Date, the Borrower shall have received at least $31,700,000 in Revenue.


More Definitions of Tranche 3 Borrowing Date

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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Tranche 3 Borrowing Date means the date on which the Tranche 3 Loans are made pursuant to the terms and conditions hereof. “Tranche 3 Borrowing Date Certificate” has the meaning set forth in Section 6.03(c).
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Tranche 3 Borrowing Date means, as the context may require, either (i) the date of the initial Borrowing of Tranche 3 Loans hereunder, which shall be no sooner than the date on which the Amendment No. 1 Effective Date shall have occurred and each of the conditions precedent set forth in Section 6.03 shall have been satisfied for such Borrowing, (ii) the date of the second Borrowing of Tranche 3 Loans hereunder, which shall be after the initial Borrowing of Tranche 3 Loans and no sooner than the date on which each of the conditions precedent set forth in Section 6.03 shall have been satisfied for such Borrowing, or (iii) each of the foregoing dates.
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Related to Tranche 3 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.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • 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.

  • 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.

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

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

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

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

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

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Pro-Rata Borrowing has the meaning assigned to such term in Section 2.03(a).

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

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

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

  • Subsequent Borrowings has the meaning assigned to such term in Section 2.19.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

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

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).