Tranche 7 definition

Tranche 7 means the amount of up to [**] or the Equivalent Amount thereof to be applied in payment of the ninth 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 7 means the amount of up to [***] [Confidential Treatment] or the Equivalent Amount thereof being [***] [Confidential Treatment] of the Contract Price to be applied in payment of the redelivery instalment due by the Borrower to the Builder under the Building Contract to be advanced by the Lenders on the Redelivery Date by way of their Contributions thereto PROVIDED THAT the Euro amount of this Tranche and the Euro amounts of the other Tranches shall not when aggregated exceed [***] [Confidential Treatment] of the Contract Price;

Examples of Tranche 7 in a sentence

  • Minimum Drawdown Amount €900,000 Drawdown Fees In relation to each Tranche, 7% of the amount drawn down under the relevant Tranche.

  • Pursuant to the CIC Certification, the Stock Price Goal for Tranches 4 through 6 will be considered fully achieved and the 1,584,000 Shares subject to Tranches 4 through 6 will be Eligible Shares and the Stock Price Goal for Tranche 7 will be considered a Partially Achieved Goal and as a result, 95,586 Shares subject to Tranche 7 will be Eligible Shares.

  • Additionally, we paid an early redemption premium of $13.8 million in connection with the redemption of our 10.25% senior secured notes due 2019 and deferred financing costs of $1.5 million and $18.8 million in connection with our Tranche 7 Term Loan due 2020 and January 2015 senior secured credit facility refinancing, respectively.

  • The “Tranche 7 Term Commitment” of each Tranche 7 Term Lender will be the amount of the Tranche 7 Term Loans that such Person commits to make (including pursuant to the Conversion of all its Existing Term Loans) on the Restatement Effective Date, as reflected on its signature page hereto.

  • The undersigned Cash Funding Tranche 7 Term Lender hereby approves the Restatement Agreement and consents to fund in cash on the Restatement Effective Date Tranche 7 Term Loans in a principal amount of up to $ .

  • The Purchaser shall be in default if Purchaser (a) fails to make any minimum monthly payment, (b) fails to have paid the aggregate Tranche Payment and complete the purchase of shares for Tranche 4, Tranche 7, Tranche 10, Tranche 13, Tranche 16 and Tranche 19) and the final Tranche 20 payment, pursuant to the Payment terms and Payment Schedule set forth in Section 2.2 when due.

  • Pursuant to the CIC Certification, the Stock Price Goal for Tranche 7 will be considered a Partially Achieved Goal and 1,000,000 Shares subject to Tranche 7, but subject to further adjustment by the Relative TSR Modifier, as described in Section II.F.2. below, may become Eligible Shares.

  • Tranche 7 $ 10,000,000 Upon Marketing approval for the use of AL-101 to treat ED.

  • As an example, assume that a Change in Control occurs both while this Option remains outstanding and the Optionee remains in Continued Eligible Service, the Company achieves a CIC Price of $280.00, and the Company previously achieved the Stock Price Goals for Tranches 1 through 6 but not the Stock Price Goal for Tranche 7 pursuant to the Certifications through and inclusive of the final Certification.

  • The undersigned Tranche 6 Term Lender hereby approves the Restatement Agreement and consents to Convert 100% of the Existing Term Loans held by such Lender into a Tranche 7 Term Loan in a like principal amount on the Restatement Effective Date.


More Definitions of Tranche 7

Tranche 7. MEANS THE AMOUNT OF UP TO [***] [CONFIDENTIAL TREATMENT] OR THE EQUIVALENT AMOUNT THEREOF TO BE APPLIED IN PAYMENT OF THE NINTH 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 7 means the Tranche 7 Drilling Program pursuant to section 4.2(1)(h);
Tranche 7 means the amount which may be drawn down by the Borrower as an Advance pursuant to a Drawdown Request and having a term of seven years.

Related to Tranche 7

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

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

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

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

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche A Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche A Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders’ Tranche A Commitments is $100,000,000.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche B Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.