Tranche A Borrowing definition

Tranche A Borrowing means a Borrowing comprised of Tranche A Loans.

Tranche A Borrowing means a Borrowing consisting of simultaneous Tranche A Advances of the same Type made by each of the Lenders pursuant to Section 2.01(b).

Tranche A Borrowing means a borrowing consisting of simultaneous Tranche A Advances of the same Type made by each of the Tranche A Lenders pursuant to Section 2.01(a).

Examples of Tranche A Borrowing in a sentence

• In connection with each Tranche A Borrowing, and in any event prior to 4:00 p.m., New York City time, on the requested date of such Borrowing, the Borrower shall also instruct DTC to reflect in the DTC’s record system for maintaining DTC participant accounts the Pledged Eligible Assets as being pledged to the Administrative Agent.

• Accounts which the Agent determines in its Permitted Discretion to be unacceptable for inclusion in the Tranche A Borrowing Base after notice of such determination is given to the Lead Borrower.

• 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.

• Acquired Inventory, except to the extent included in the calculation of the Tranche A Borrowing Base as provided in the definition thereof.

• Such amendment shall include such changes as the Agent and the Borrowers shall deem necessary or desirable to clarify the administration of the Tranche A Facility or the Tranche B Facility and the Tranche A Borrowing Base or the Tranche B Borrowing Base hereunder in a manner consistent with this Agreement.

More Definitions of Tranche A Borrowing

Tranche A Borrowing means (a) initially, the group of Tranche A Loans funded by the Banks pursuant to Section 2.01, and (b) thereafter, following any Conversion of the Tranche A Loans described in clause (a), a group of Tranche A Loans Converted into a single Type on a single date and, in the case of a Tranche A Loan that is also a Eurocurrency Rate Loan, as to which a single Interest Period is in effect.

Tranche A Borrowing means a borrowing pursuant to a Borrowing Request consisting of Tranche A Loans made concurrently by all of the Lenders.

Tranche A Borrowing means a group of Tranche A Loans of a single Type made by the Lenders on a single date and as to which a single Interest Period is in effect.

Tranche A Borrowing means Tranche A Loans of the same Type, made, converted or continued on the same date, and as to which a single Interest Period is in effect.

Tranche A Borrowing means Tranche A Loans made on the Effective Date by the Tranche A Loan Lenders ratably according to their respective Tranche A Commitments.

Tranche A Borrowing means Tranche A Loans made on the same day by the Lenders ratably according to their respective Tranche A Commitments.

Tranche A Borrowing means a Borrowing comprised of Tranche A Term Loans.