Tranche A Banks definition

Tranche A Banks means the Persons with a Tranche A Commitment or an outstanding Tranche A Advance as of the Second Amendment Effective Date and each other Person that shall have become a party hereto as a “Tranche A Bank” pursuant to an Assignment or an Accession Agreement, other than any such Person that shall have ceased to be a party hereto pursuant to an Assignment.
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Tranche A Banks mean the Syndicated Banks that provide the Tranche A Facility to the Borrower.
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Tranche A Banks has the meaning specified in the preamble hereto.
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Examples of Tranche A Banks in a sentence

  • Upon any change in the Tranche A Commitments or Adjusted Tranche A Percentages of the Banks pursuant to Section 12.04(b) or upon a Bank Default, it is hereby agreed that, with respect to all outstanding Tranche A Letters of Credit and Unpaid Drawings thereon, there shall be an automatic adjustment to the participations pursuant to this Section 2.04 to reflect the new Adjusted Tranche A Percentages of the assigning and assignee Bank or of all Tranche A Banks, as the case may be.

  • To the extent provided in Section 2.2.8, each Bank severally agrees to advance to the LC Bank, for the account of Borrower, such Bank's Proportionate Share of the full amount of any Drawing Payment under any Secondary Letter of Credit and each Tranche A Bank severally agrees to advance to the LC Bank for the account of Borrower, such Tranche A Bank's Proportionate Share of the full amount of any Drawing Payment under any Primary Letter of Credit.

  • If a Tranche A Advance is to be drawn down in an Optional Currency, the amount of each Tranche A Bank's participation in that Tranche A Advance will be determined by converting into that Optional Currency the Tranche A Bank's participation in the Original Euro Amount of that Tranche A Advance on the basis of the Agent's Spot Rate of Exchange three Business Days before its Utilisation Date.

  • The Agent shall notify the Tranche A Banks and the Borrower of Optional Currency amounts (and the applicable Agent's Spot Rate of Exchange) promptly after they are ascertained.

  • Each Borrowing of Tranche A Loans under this Agreement shall be made to the Borrower on the same day rateably by the Tranche A Banks and shall be in the aggregate minimum amount of $5,000,000 or a larger whole multiple of $1,000,000.

  • The Administrative Agent will keep records (which shall be conclusive and binding in the absence of manifest error) of participations purchased under this Section and will in each case notify the Tranche A Banks following any such purchases or repayments.

  • The Borrower hereby promises to pay to the Administrative Agent for the account of each Tranche A Bank the Tranche A Accommodations Outstanding together with all accrued interest and Fees and all other amounts payable to the Tranche A Banks in connection with this Agreement, on the Tranche A Commitment Termination Date.

  • Each Borrowing under this subsection (other than a Swingline Takeout Loan) shall be in an aggregate principal amount of $10,000,000 or any larger multiple of $5,000,000 (except that any such Borrowing may be in the aggregate amount available to the Borrower in accordance with Section 3.2) and shall be made from the several Tranche A Banks ratably in proportion to their respective Tranche A Commitments.

  • If such amount is so made available, such payment to the Administrative Agent shall constitute such Tranche A Bank's Tranche A Loan on the date of the Tranche A Borrowing for all purposes of this Agreement.

  • Each Tranche A Borrowing shall be made from the Tranche A Banks ratably in proportion to their respective Tranche A Commitments.


More Definitions of Tranche A Banks

Tranche A Banks means the Persons with a Tranche A Commitment or an outstanding Tranche A Advance as of the Second Amendment Effective Date and each other Person that shall have become a party hereto as a “Tranche A Bank” pursuant to an Assignment or an Accession Agreement, other than any such Person that shall have ceased to be a party hereto pursuant to an Assignment. “Tranche A Commitment” means, at any time, whether used or unused, the obligation of each Tranche A Bank to make Tranche A Advances in an aggregate amount up to and including the amount set forth opposite such Bank’s name on Schedule VIII hereto under the caption “Tranche A Commitments” or in an Assignment, as such amount may be terminated, reduced or increased pursuant to Section 2.05, Section 2.17, Section 8.01 or Section 10.06. “Tranche A Note” means a promissory note of the Borrower payable to the order of any Tranche A Bank, in substantially the form of Exhibit A-1 hereto, evidencing the aggregate indebtedness of the Borrower to such Tranche A Bank resulting from Tranche A Advances. 26 122723226_17
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Tranche A Banks means the Banks listed on Schedule 1 hereto and any assignees of such Banks or New Banks which hereafter become parties hereto having a Tranche A Commitment pursuant to and in accordance with Section 10.8(b) or 10.8(d) hereof; and "Tranche A Bank" shall mean any one of the foregoing Banks.
Sample 1
Tranche A Banks means Banks having the Tranche A Commitments set forth opposite their names on Annex A hereto under the heading “Tranche A Commitment Amount”.
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Tranche A Banks. The Banks funding the Tranche A Loans, as designated on SCHEDULE 1.1 attached hereto.
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Tranche A Banks. TRANCHE A AMOUNT: TRANCHE A PERCENTAGE: --------------- ---------------- -------------------- U.S. Bank $ 14,666,666 40.000000% Fleet Bank $ 14,666,666 40.000000% West Des Moines Bank $ 7,333,333 20.000000% ---------------- -------------------- Total: $ 36,666,665 100.000000% TRANCHE B LOANS: TRANCHED B BANKS: TRANCHE B AMOUNTS: TRANCHE B PERCENTAGE: ---------------- ----------------- -------------------- U.S. Bank $ 10,000,000 100.000000% TOTAL AMOUNT: $ 46,666,665 PERCENTAGES:
Sample 1
Tranche A Banks means, those Banks identified from time to time as Tranche A Banks on the signature page to this Agreement.
Sample 1

Related to Tranche A Banks

  • 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”.

  • Tranche A Facility means the aggregate of the Tranche A 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 Lender means a Lender with a Tranche A Commitment or an outstanding Tranche A Term Loan.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

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

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

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

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

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

  • Tranche 2 has the meaning set forth in Section 2.2(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 Term Lender each Lender that has a Tranche A Term Commitment or that holds a Tranche A Term Loan.

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

  • 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.

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

  • 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.

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

  • Tranche A Notes is defined in Section 1.1.

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

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

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