Examples of Tranche A Credit Facility in a sentence
If the aggregate outstanding balance of the Indebtedness allocated to the Tranche "A" Credit Facility is or becomes more than the Tranche "A" Credit Facility Availability, then in that event, the amount of the balance in excess of the Tranche "A" Credit Facility Availability shall be allocated to the Tranche "B" Credit Facility hereunder.
The Tranche A Credit Facility shall have been fully disbursed or the unutilized Tranche A Commitment shall have been reallocated to the Tranche B Credit Facility.
Borrower acknowledges, confirms and agrees that Lender shall have the right to allocate any request for an Advance hereunder to this Loan, the Tranche A Credit Facility and/or the Tranche B Credit Facility in such manner as Lender may elect in its sole and absolute discretion.
Each Tranche A Lender severally, and not jointly and severally, agrees on the terms and conditions of this Agreement and in accordance with the applicable Borrowing Notice, to make Advances to the Borrower under the Tranche A Credit Facility on the Closing Date as provided in Section 2.02(3).
The New Tranche A Term Notes shall be issued by PCA or its successor in interest to such persons as are entitled thereto pursuant to Section 7.1 of the Plan in the form of a New Tranche A Indenture Note issued pursuant to the New Tranche A Indenture or a New Tranche A Loan Note issued pursuant to the New Tranche A Credit Facility (but not a combination thereof) in accordance with the following provisions of this Section 9.1(j).