Tranche A Commitment Amount definition

Tranche A Commitment Amount means, with respect to each Bank, the amount set forth opposite the name of such Bank on Schedule 1 attached hereto under the heading, “Tranche A Commitment Amount”, as such amount may be reduced from time to time pursuant to Section 2.5 or reduced or increased from time to time pursuant to Section 8.6; and “Tranche A Commitment Amounts” means, as of any date, the aggregate of all such amounts on such date. On the Effective Date the aggregate Tranche A Commitment Amounts equal $1,600,000,000.
Tranche A Commitment Amount means the lesser of (i) $25,000,000 as --------------------------- reduced from time to time pursuant to the provisions of Section 2.2, and (ii) ----------- the Borrowing Base.
Tranche A Commitment Amount means, at any time, the amount of the Tranche A Loan Limit at such time.

Examples of Tranche A Commitment Amount in a sentence

  • Each Prospective Bank that accepts the Borrower’s offer to extend a Tranche A Commitment Amount and/or Tranche B Commitment Amount shall become a party to this Agreement on such date or dates as may be mutually satisfactory to such Prospective Bank, the Borrowers and the Administrative Agent, subject to the Administrative Agent’s receipt of a duly completed and executed Accession Agreement substantially in the form of Exhibit H hereto.

  • During processing, ownership remains with the customers and the Company is engaged to perform processing services.

  • The Administrative Agent shall give prompt notice to each Bank of (A) any increase in any Bank’s Tranche A Commitment Amount and/or Tranche B Commitment Amount and (B) the Commitment of any additional Bank, in each case under this Section 2.17.

  • The Tranche A Commitment Amount will be fully reinstated prior to any reinstatement of the Tranche B Commitment.

  • The Borrowers agree to pay to the Administrative Agent for the account of each Tranche A Lender a commitment fee at a per annum rate equal to the Commitment Fee Rate on the daily Unused Tranche A Commitment Amount of such Tranche A Lender, from the date of this Agreement until the Tranche A Commitment Termination Date.


More Definitions of Tranche A Commitment Amount

Tranche A Commitment Amount means, on any date, $420,000,000 as such amount shall be reduced from time to time pursuant to Section 2.2 or reinstated pursuant to Section 3.7.
Tranche A Commitment Amount means an amount equal to the lesser of (a) the sum of (i) sixty percent (60%) of the Launch Costs and (ii) the aggregate amount of Finance Costs capitalized hereunder and (b) sixty million Dollars ($60,000,000).
Tranche A Commitment Amount means an amount equal to $150,000,000, as such amount may be reduced from time to time pursuant to the terms of this Agreement.
Tranche A Commitment Amount means $7,500,000, subject to reduction and reinstatement as set forth in clause (g) of Section 2.
Tranche A Commitment Amount means $1,000,000 in the aggregate. The Tranche A Commitment Amount of ROS is $638,333 and the Tranche A Commitment Amount of Royalty Opportunities is $361,667.
Tranche A Commitment Amount means $20,000,000, as reduced from time to time pursuant to the provisions of SECTION 2.
Tranche A Commitment Amount means, subject to the terms and conditions --------------------------- of this Agreement (including Section 2.2), $125,000,000. -----------