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).

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

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).
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.
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").
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.
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.

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

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

Tranche A Borrowing means a borrowing of Tranche A Loans made or to be made by the Borrower hereunder.