Tranche A Borrowing definition

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).

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

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.

Examples of Tranche A Borrowing in a sentence

• Aggregate Borrowing Base, Tranche A Borrowing Base and Tranche B Borrowing Base calculations shall be consistent with historical methods of valuation and calculation, and otherwise satisfactory to Agent (and not necessarily calculated in accordance with GAAP).

• Borrowings also may be classified and referred to by Class (e.g., a "Tranche A Borrowing") or by Type (e.g., a "LIBOR Borrowing") or by Class and Type (e.g., a "Tranche A LIBOR Borrowing").

• 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.

• The Company shall furnish to the Administrative Agent any information that the Administrative Agent may reasonably request regarding the determination and calculation of the Tranche A Borrowing Base or the Tranche B Borrowing Base including correct and complete copies of any invoices, underlying agreements, instruments or other documents and the identity of all Account Debtors in respect of the Accounts referred to therein.

• For purposes of calculating the Tranche A Borrowing Base, the Tranche B Borrowing Base and the Aggregate Borrowing Base, such calculation of Inventory shall be on a “first-in, first-out” basis.

More Definitions of Tranche A Borrowing

Tranche A Borrowing means a borrowing pursuant to a Notice of Borrowing consisting of Tranche A Loans made by the Lenders to the Borrower on the Closing Date.

Tranche A Borrowing means a portion of the Tranche A Advances (as to which each Tranche A Lender has a ratable part) that (a) bears interest by reference to the Base Rate or (b) bears interest by reference to the Eurodollar Rate and has a single Interest Period. NYDOCS02/1129553.6

Tranche A Borrowing means, initially, the borrowing consisting of simultaneous Tranche A Advances by the Tranche A Lenders on the Funding Date. After the Tranche A Advances are outstanding, "Tranche A Borrowing" means a portion of the Tranche A Advances (as to which each Tranche A Lender has a ratable part) that (a) bears interest by reference to the Base Rate or (b) bears interest by reference to the Eurodollar Rate and has a single Interest Period. NYDOCS02/1129553.6

Tranche A Borrowing is a Borrowing comprised of Tranche A Loans) or by reference to the pricing of the Loans comprising such Borrowing (e.g., a "Euro- Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans).

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

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 pursuant to SECTION 2.1(a) by the Tranche A Lenders ratably according to their respective Tranche A Commitments.