Tranche A Amount definition

Tranche A Amount has the meaning given to it in Section 2.1(a).

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Tranche A Amount has the meaning attributed to such term in the Recitals;

Tranche A Amount means the total amount that may be drawn under Tranche A, which on the date of the Agreement is no more than € 388,500,000 and on the date of the Amendment Agreement is no more than €254,800,000;

Examples of Tranche A Amount in a sentence

Payable in arrears and fully earned on the first day of each month during the term of this Agreement, (i) for the ratable benefit of the Tranche A Lenders, an unused line fee in an amount equal to 0.5% per annum times the Average Unused Portion of the Maximum Tranche A Amount, and (ii) for the ratable benefit of the Tranche B Lenders, an unused line fee in an amount equal to 0.5% per annum times the Average Unused Portion of the Maximum Tranche B Amount.
The aggregate amount of Tranche A Revolving Credit Advances outstanding shall not exceed at any time the lesser of (A) the Maximum Tranche A Amount and (B) the Tranche A Borrowing Base, in each case less the sum of the Letter of Credit Obligations and the Swing Line Loan outstanding at such time ("Tranche A Borrowing Availability").
Name: Title: Email for Notices: Name in which securities are to be registered: Tranche A Amount: Tranche B Amount: Number of Warrant Shares: Allocation of Consideration to Tranche A Note: Allocation of Consideration to Tranche B Note: THE COMPANY: Name: Title: LeddarTech Inc.
Subject to the terms and conditions set forth in this Agreement, each Lender severally agrees to make Tranche A Loans to the Borrowers from time to time during the period from and including the Closing Date to but excluding the Commitment Termination Date; provided that, immediately after each such Tranche A Loan is made, such Lender's Outstanding Tranche A Amount shall not exceed its Tranche A Commitment.
All cash transferred to Lender pursuant to this Section 3.04(a) shall be deposited into the applicable Operating Account, and shall be applied, first, on a pro rata basis to the Tranche B Lenders to reduce all outstanding Advances with respect to the Tranche B Amount until the Tranche B Amount is reduced to zero, and second, to the Tranche A Lender, to reduce all outstanding Advances with respect to the Tranche A Amount.

More Definitions of Tranche A Amount

Tranche A Amount has the meaning set forth in Section 1(a)(i).

Tranche A Amount means the sum of the Tranche A-1 Amount and Tranche A-2 Amount.

Tranche A Amount means the amount of such Reduction minus the Tranche B Amount and (B) "Tranche B Amount" shall mean the product of the amount of such Reduction multiplied by a fraction the numerator of which is the aggregate principal amount of the Tranche B Term Loans then outstanding and the denominator of which is the aggregate principal amount of the Term Loans then outstanding; provided that, if the Majority Tranche B Lenders so agree on or before the date of such Reduction, the Tranche B Amount for such Reduction shall be zero.

Tranche A Amount. For each Tranche A Bank, the amount of its loans under the Existing Credit Agreement, continued as a Tranche A Loan hereunder, as shown on SCHEDULE 1.1 hereto. "TRANCHE A APPLICABLE MARGIN": 0.00% for Prime Rate Advances, and 2.25% for Eurodollar Rate Advances.

Tranche A Amount means the total amount that may be drawn under Tranche A, which on the date of the Agreement was €625,000,000 and on the Tranche A Maturity Date was reduced to nil;

Tranche A Amount. $500,000,000.

Tranche A Amount has the meaning given to it in Clause 2.1 (The Facility).