Tranche A Facility Lender definition
Examples of Tranche A Facility Lender in a sentence
The Incremental Tranche A Facility Commitment of each Incremental Tranche A Facility Lender shall be several and not joint.
Schedule I attached hereto sets forth the name of each Incremental Tranche A Facility Lender and its Incremental Tranche A Facility Commitment as of the Increase Effective Date.
With respect to each Tranche A Facility Lender under the Tranche A Facility, the Aggregate Principal Amount owing to such Tranche A Facility Lender under the Tranche A Facility shall be repaid by the Borrower in one principal repayment on the Tranche A Facility Termination Date, together with all accrued and unpaid interest and fees thereon and all other Obligations owing to such Tranche A Facility Lender under the Tranche A Facility.
Following each Existing LC Return Event, subsequent Drawdowns under the Tranche A Facility will be funded first by CIBC rateably based on, and up to, its then Individual Tranche A Facility Commitment Amount, until the aggregate outstanding principal amount under the Tranche A Facility owing to each Tranche A Facility Lender is again in proportion to its respective Rateable Portion under the Tranche A Facility.
The Individual Tranche A Facility Commitment Amount of each Tranche A Facility Lender is as set out in Schedule B.