Tranche A-1 Facility definition

Tranche A-1 Facility means, at any time the aggregate principal amount of the Tranche A-1 Term Loans of all Tranche A-1 Term Lenders outstanding at such time.
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Tranche A-1 Facility means the Tranche A-1 Term Loan Commitments and the Tranche A-1 Term Loans made under the Existing Credit Agreement and continued hereunder.
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Tranche A-1 Facility means the Tranche A-1 Term Loans made or converted pursuant to the Second Amendment and Restatement Agreement.
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Examples of Tranche A-1 Facility in a sentence

  • The Tranche A-1 Facility Fee shall be in addition to (and not in lieu of) any other fees due and payable to the Tranche A-1 Lenders on the Tranche A-1 Facility Fee Payment Date.

  • See Section 2.2 for a more detailed discussion.most flexibility to smooth voluntary disclosures (e.g., earnings guidance, product announcements, customer or supplier contracts); however, managers can also adjust the timing of many mandatory disclosures as well.

  • As the Tranche A-1 Facility and the Tranche A-2 Facility are non-revolving term loan facilities, payments on the facilities reduce the credit limit available.

  • A2 Loans), the Borrower under the Tranche A1 Facility shall repay the Tranche A1 Loan in accordance with the amortisation schedule for the Tranche A1 Loan set out in Schedule 15 (Repayment Instalments) and shall repay all amounts outstanding on the Tranche A1 Loan in full on the Tranche A Final Maturity Date.

  • These amounts were included in “Loss on early extinguishment of debt, net” on the Company’s Consolidated Statements of Operations.Repayments of the 2012 Tranche A-1 Facility prior to sched- uled amortization dates resulted in losses on early extinguishment of debt of $4.4 million and $8.1 million during the years ended December 31, 2013 and 2012, respectively, related to the accelerated amortization of discounts and unamortized deferred financing fees on the portion of the facility that was repaid.

  • On May 4, 2010, the Corporation utilized the Tranche A1 Facility amounting to $130,000,000 thousand, Tranche A2 Facility amounting to $150,245,117 thousand, Tranche A3 Facility amounting to $26,566,942 thousand, Tranche B Facility amounting to $4,000,000 thousand, and Tranche C Facility amounting to $49,259,381 thousand under the Syndicated Loan Agreement to repay all of the first syndicated loan, as well as the Tranche A, B and C Facilities of the second syndicated loan agreement.

  • These amounts were included in “Loss on early extinguish- ment of debt, net” on our Consolidated Statements of Operations.Repayments of the 2012 Tranche A-1 Facility prior to sched- uled amortization dates resulted in losses on early extinguishment of debt of $4.4 million and $8.1 million during the years ended December 31, 2013 and 2012, respectively, related to the accelerated amortization of discounts and unamortized deferred financing fees on the portion of the facility that was repaid.

  • For the three months ended March 31, 2023, Northview completed repayments of $69.4 million (three months ended March 31, 2022 – $nil), which reduced the credit limit on the Tranche A-1 Facility and Tranche A-2 Facility.

  • The terms of the credit facility were as follows: As at March 31, 2023As at December 31, 2022 Credit LimitAmount DrawnCredit LimitAmount DrawnTranche A-1 Facility260,677260,677315,651315,651Tranche A-2 Facility72,86672,86687,25187,251Tranche B Facility32,00030,50032,00022,600Tranche B-2 Revolving Facility20,00020,00020,00020,000Tranche B-3 Term Facility75,00065,00075,00058,000Total460,543449,043529,902503,502The Tranche A-1 Facility and the Tranche A-2 Facility are non-revolving term loan facilities.

  • For the six months ended June 30, 2022, total repayments of $48.3 million reduced the credit limit on the Tranche A-1 Facility and Tranche A-2 Facility.


More Definitions of Tranche A-1 Facility

Tranche A-1 Facility means the Tranche A-1 U.S. Facility and the Tranche A-1 Canadian Facility. “Tranche A Loans” shall mean the Tranche A U.S Loans and the Tranche A Canadian Loans. “Tranche A-1 Loans” shall mean the Tranche A-1 U.S Loans and the Tranche A-1 Canadian Loans. “ABL Loans” (the commitments thereunder, the “ABL Commitments”) shall mean the Tranche A Loans and the Tranche A-1 Loans. 3 Amount to be reduced by Tranche A-1 Canadian Facility amount. An amount to be agreed of each of the U.S. ABL Facility and Canadian ABL Facility will be available in the form of ABL Letters of Credit (as defined below). At the Company’s election, all or a portion of the Canadian Commitments may be reallocated from time to time to the U.S. ABL Facility and all or a portion of the U.S. Commitments may be reallocated from time to time to the Canadian ABL Facility up to a cap to be agreed on the maximum size of the Canadian ABL Facility. The obligations in respect of the U.S. ABL Facility will be the joint and several obligations of each of the U.S. Borrowers. Notwithstanding anything herein to the contrary, the Canadian Borrower shall not be jointly or jointly and severally liable with the U.S. Borrowers for any liabilities or obligations of the U.S. Borrowers under the ABL Facility. The ABL Facility shall be available to be drawn in US dollars, in the case of the U.S. Loans, and in Canadian dollars, in the case of the Canadian Loans, and other currencies as may be mutually agreed. Swingline Loans: In connection with the ABL Facility, Bank of America (in such capacity, the “Swingline Lender”) will make available to the U.S. Borrowers a $75 million swingline facility under which the U.S. Borrowers may make short-term borrowings upon same-day notice (in minimum amounts to be mutually agreed upon and integral multiples to be agreed upon) of up to an amount to be agreed. Except for purposes of calculating the commitment fee described below, any such swingline borrowings will reduce availability under the U.S. ABL Facility on a dollar-for-dollar basis. Upon notice from the Swingline Lender, the Lenders will be unconditionally obligated to purchase participations in any swingline loan pro rata based upon their ABL Commitments. The Swingline Lender shall provide a weekly statement of the amount of swingline loans outstanding and settle the outstanding swingline loans with the Lenders on a weekly basis. If any Lender becomes a defaulting lender (to be defined in a manner consistent with the ABL D...
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Tranche A-1 Facility means the Tranche A-1 Commitments and the provisions herein related to the Tranche A-1 Loans.
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Tranche A-1 Facility means the credit facility provided hereunder consisting of the Tranche A-1 Credit Extensions in an aggregate principal amount not exceeding the Tranche A-1 Aggregate Commitments.
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Tranche A-1 Facility means the financing under the Tranche A-1 Commitments.
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Related to Tranche A-1 Facility

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

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

  • 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 2.08 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 $50,000,000.

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

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

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

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche A Notes is defined in Section 1.1.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09, (b) assignments by or to such Lender pursuant to Section 9.04 and (c) Section 2.22. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment or in the supplement to this Agreement pursuant to which such Lender shall have provided an additional Facility B Commitment in accordance with Section 2.22, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

  • Tranche A Term Loan as defined in Section 2.1.

  • Facility A Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility A, as amended from time to time, and to the extent not cancelled or terminated hereunder.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Tranche A Lenders means, collectively, the Lenders having a Tranche A Commitment or all or a portion of the Tranche A Loans owing to it; sometimes being referred to herein individually as a “Tranche A Lender”.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

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

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being US$830,000,000 at the date of this Agreement.

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

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Tranche A Note means a promissory note evidencing Tranche A Loans, substantially in the form of Exhibit B hereto.

  • 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 Term Loan Maturity Date means October 20, 2015.

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.