Tranche 6 definition

Tranche 6 means the amount of [**] or the Equivalent Amount thereof to be applied in payment of the eighth 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 6 means the amount which may be drawn down by the Borrower as an Advance pursuant to a Drawdown Request and having a term of six years.

Examples of Tranche 6 in a sentence

  • The Incremental Renewable Generation for calendar year 2022 will be utilized in determining the Base ZEC Price for Tranche 4, the Incremental Renewable Generation for calendar year 2024 will be utilized in determining the Base ZEC Price for Tranche 5, and the Incremental Renewable Generation for calendar year 2026 will be utilized in determining the Base ZEC Price for Tranche 6.

  • The fair value per share at grant date for Tranche 6 was based on market prices as at the grant date.The expected price volatility is based on estimates of price volatility of comparable listed companies.

  • AmBank fully redeemed Tranche 6 of Senior Notes with RM600.0 million nominal amount issued under its RM7.0 billion Senior Notes Programme.

  • AmBank issued Tranche 6 of Subordinated Notes with nominal amount of RM1.0 billion under its Subordinated Notes programme of up to RM4.0 billion.

  • On September 14, 2021, the BeMetals Option Agreement was amended, effecting Tranche 6 with the addition of Tranche 7 and 8.


More Definitions of Tranche 6

Tranche 6 means the Tranche 6 Cash Payment pursuant to section 4.2(1)(g);”
Tranche 6 means the Advances pursuant to Section 2.2(f).
Tranche 6 means that part of the Loan relating to Vessel 6 to be advanced in one Drawing in a maximum amount of fourteen million two hundred thousand Dollars ($14,200,000).
Tranche 6 means the Advances pursuant to Section 2.2(f). “Tranche 6 Facility Charge” means zero point five percent (0.50%) of each Tranche 6 Advance, which is payable to the Lenders in accordance with Section 4.2(h). “UCC” means the Uniform Commercial Code as the same is, from time to time, in effect in the State of New York; provided, that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection or priority of, or remedies with respect to, Agent’s Lien on any Collateral is governed by the Uniform Commercial Code as the same is, from time to time, in effect in a jurisdiction other than the State of New York, then the term “UCC” shall mean the Uniform Commercial Code as in effect, from time to time, in such other jurisdiction solely for purposes of the provisions thereof relating to such attachment, perfection, priority or remedies and for purposes of definitions related to such provisions. “Unrestricted Cash” means unrestricted Cash of Borrower maintained in Deposit Accounts or other accounts in Borrower’s name subject to an Account Control Agreement in favor of Agent. “UK” means the United Kingdom. “UK Bail-In Legislation” means (to the extent that the United Kingdom is not an EEA Member Country which has implemented, or implements, Article 55 BRRD) Part I of the United Kingdom Banking Act 2009 and any other law or regulation applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (otherwise than through liquidation, administration or other insolvency proceedings). “UK PSC Loan Party” means a company incorporated in England and Wales who is required to maintain a PSC Register and whose shares are pledged as Collateral.
Tranche 6 means a tranche in the principal amount of USD 28,770,000, which relates to the refinancing of Vessel 6.
Tranche 6 means the amount of [***] [Confidential Treatment] or the Equivalent Amount thereof being [***] [Confidential Treatment] of the Contract Price to be applied in payment of the eighth 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 6. MEANS THE AMOUNT OF [***] [CONFIDENTIAL TREATMENT] OR THE EQUIVALENT AMOUNT THEREOF TO BE APPLIED IN PAYMENT OF THE EIGHTH 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;