Tranche 5 definition

Tranche 5 means the amount of [**] or the Equivalent Amount thereof to be applied in payment of the seventh pre-redelivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto;

Tranche 5 means the Advances pursuant to Section 2.2(e).

Tranche 5 means the term loan tranche deemed to be made available under this Agreement as described in Clause 2.1(e) (The Tranches).

Examples of Tranche 5 in a sentence

• Borrower shall have paid in cash, substantially simultaneously with the making of Additional Tranche 5 Term Loans and the conversion by amendment of Original Tranche 5 Term Loans, to the Administrative Agent for the account of all Original Tranche 5 Lenders all accrued and unpaid interest on the Original Tranche 5 Term Loans, in each case, to, but not including, the Amendment Date.

• The Committee shall consider matters which are not proper subjects to be 16 processed through the grievance procedure, including the improvements of patient care 17 and nursing practice.

• The Tranche 1 Exercise Price, the Tranche 2 Exercise Price, the Tranche 3 Exercise Price, the Tranche 4 Exercise Price, and the Tranche 5 Exercise Price are collectively referred to herein as "Management Option Prices" and individually as a "Management Option Price".

• Additionally, the Administrative Agent, for the account of each Tranche 5 Lender immediately after giving effect to the Amendment Date, shall have received an upfront fee equal to 0.25% of the aggregate principal amount of such Tranche 5 Lender’s Tranche 5 Loans immediately after giving effect to the Amendment Date, which such upfront fee may take the form of original issue discount at the discretion of the Arrangers.

• The Amendment refinanced $1,237,500,000 of Tranche 5 term loan debt due in 2022.

More Definitions of Tranche 5

Tranche 5 has the meaning set forth in Section 2.2(a)(v).

Tranche 5 means the amount which may be drawn down by the Borrower as an Advance pursuant to a Drawdown Request and having a term of five years.

Tranche 5 means those shares of Common Stock actually issued pursuant to the exercise of those Warrants exercisable on May 31, 2013.

Tranche 5 means the cash payment pursuant to section 4.2(1)(f);

Tranche 5 means the portion of the Facility attributable to GALWAY SPIRIT to be made available by the Lenders pursuant to Section 3.1 hereof to the Borrowers in one or more Advances; "Transaction Document(s)" means the Security Documents, the Head Charters, the Building Contracts, the Time Charters and the Management Contracts; and

Tranche 5 means the tranche of the Facility described in subparagraph (e) of Clause 2 (The Facility).

Tranche 5 means that part of the Loan relating to Vessel 5 to be advanced in one Drawing in a maximum amount of fourteen million two hundred thousand Dollars ($14,200,000).