Tranche A Credit Extensions definition

Tranche A Credit Extensions means Tranche A Loans and Letters of Credit issued hereunder.
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Tranche A Credit Extensions as of any day, shall be equal to the sum of (a) the principal balance of all Tranche A Loans then outstanding and (b) the then amount of the Letter of Credit Outstandings.
Sample 1Sample 2Sample 3
Tranche A Credit Extensions shall be equal, as of any day, to the sum of (a) the principal balance of all Tranche A Loans then outstanding and (b) the then amount of the Letter of Credit Outstandings.
Sample 1

Examples of Tranche A Credit Extensions in a sentence

  • When the Manufacturer is the direct Supplier, this requirement is fulfilled with Item D.

  • The Administrative Agent's books and records concerning loans and advances pursuant to the Tranche A Credit Extensions, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness to the Lender hereunder.

  • Except as otherwise provided in Section 2.06, all Tranche A-1 Credit Extensions shall be solely Revolving Loans and all Letters of Credit (including any extension of the expiry date thereof), Swingline Loans and Protective Advances shall be Tranche A Credit Extensions.

  • Notwithstanding the foregoing, no Swingline Loans (other than Permitted Overadvances) shall be made pursuant to this SECTION 2.06(b) if the Tranche A Credit Extensions and/or the aggregate outstanding amount of the Credit Extensions and Swingline Loans would exceed the limitations set forth in SECTION 2.01.

  • Agent Advances of Tranche A Loans (together with all other Tranche A Credit Extensions) may not at any time cause the Borrower to be in violation of the provisions of Section 2.10(a) hereof.

  • Notwithstanding the foregoing, no Swingline Loans (other than Permitted Overadvances) shall be made pursuant to this SECTION 2.06(b) if the Tranche A Credit Extensions and/or the aggregate outstanding amount of the Revolving Credit Extensions and Swingline Loans would exceed the limitations set forth in SECTION 2.01.

  • The label stock must be provided in sheet form suitable for use in standard laser printers, on a release liner that will allow for easy and complete peeling of the face-stock without shearing of the adhesive layer.

  • Notwithstanding the foregoing, no Swingline Loans shall be made pursuant to this subsection (b) if the aggregate outstanding amount of the Tranche A Credit Extensions would exceed the lower of (i) $40,000,000 or any lesser amount to which the Tranche A Commitments have then been reduced by the Borrower pursuant to Section 2.15, and (ii) the then amount of the Borrowing Base, plus the aggregate amount of cash then held in the Cash Collateral Account.

  • To the extent that, at such time, the Tranche A Borrowing Base exceeds the Aggregate Tranche A Credit Extensions, such prepayment shall be made (subject to satisfaction of the conditions set forth in subsection 6.2(d)) by refinancing such Tranche A-1 Revolving Credit Loan with an equivalent amount of Tranche A Revolving Credit Loans.

  • The Borrower shall pay to the Administrative Agent for the account of the Tranche A Lenders, based upon their pro rata share of the Tranche A Credit Extensions, a commitment fee (the "Commitment Fee") equal to 0.375% per annum (on the basis of actual days elapsed in a year of 360 days) of the average daily balance of the Unused Tranche A Commitment for each day commencing on and including the Closing Date and ending on but excluding the Termination Date.


More Definitions of Tranche A Credit Extensions

Tranche A Credit Extensions shall be equal, as of any day, to the sum of ---------------------------
Sample 1
Tranche A Credit Extensions mean each of the following: (a) a Tranche A Committed Borrowing, (b) a Swing Line Borrowing and (c) an LC Credit Extension.
Sample 1
Tranche A Credit Extensions meanss all Credit Extensions consisting of Tranche A Loans, Swing Line Loans, and L/C Obligations.
Sample 1

Related to Tranche A Credit Extensions

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Credit Extensions mean each of the following: (a) a Borrowing and (b) an L/C Credit Extension.

  • Credit Extension Date means the Borrowing Date for an Advance or the issuance date for a Facility LC.

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

  • Aggregate Outstanding Extensions of Credit as to any Lender with respect to any Type of Loan at any time, an amount equal to the sum of (a) the aggregate principal amount of all Loans of such Type made by such Lender then outstanding and (b) such Lender's Commitment Percentage of the L/C Obligations then outstanding.

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 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 $175,000,000.

  • Credit Extension means each of the following: (a) a Borrowing and (b) an L/C Credit Extension.

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

  • Extension of Credit means, as to any Lender, the making of a Loan by such Lender or the issuance of, or participation in, a Letter of Credit by such Lender.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

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

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

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Loans as defined in Section 2.4(a).

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.