Tranche A Advances definition

Tranche A Advances has the meaning set forth in Section 2.1.
Tranche A Advances means all Advances made by the Lenders as part of the Tranche A Financing Commitment upon the terms set forth in this Agreement.
Tranche A Advances means all Advances made pursuant to Section 2.01(a)(i).

Examples of Tranche A Advances in a sentence

  • On each Payment Date in respect of the Tranche A Advances and the Tranche B Advances, the Borrowers shall pay to Lender, the Minimum Tranche A Payment Amount and the Minimum Tranche B Payment Amount, as applicable, for such Payment Date.

  • Each Tranche A Borrowing shall be in an amount not less than the Revolving Credit Borrowing Minimum or the Revolving Credit Borrowing Multiple in excess thereof and shall consist of Tranche A Advances of the same Type and in the same currency made on the same day by the Tranche A Lenders ratably according to their respective Tranche A Commitments.

  • Any portion of the Tranche A Advances that is subsequently repaid or prepaid may not be reborrowed.

  • Such Revolving Borrowing shall bear interest based upon the Adjusted Base Rate plus the Applicable Margin for Revolving Tranche A Advances that are Base Rate Advances.

  • Each Revolving Credit Advance made pursuant to this Section 2.04(b) shall be deemed to have made pursuant to the Commitments and shall be subject to the limitations that the aggregate outstanding principal amount of the Tranche A Advances may at no time exceed the amount of the Tranche A Facility then in effect and the aggregate outstanding principal amount of the Tranche B Advances may at no time exceed the amount of the Tranche B Facility then in effect.


More Definitions of Tranche A Advances

Tranche A Advances shall have the meanings assigned to those terms in Section 3(a).
Tranche A Advances means Advances made by the Banks or any Bank pursuant to "Facility A" under the Loan Agreement.
Tranche A Advances is defined in Section 2.1.2(a).
Tranche A Advances means Advances so long as, and to the extent that, they are secured by Prime Mortgage Loans, Scratch and Dent Mortgage Loans, or Participation Certificates.
Tranche A Advances means Advances so long as, and to the extent that, they are secured by Standard Mortgage Loans and Previously Securitized and Called Mortgage Loans which are not Wet Loans.
Tranche A Advances means Advances so long as, and to the extent that, they are secured by Dry Loans.
Tranche A Advances means any advance made by the Noteholder pursuant to Section 2.1(a).