Tranche A Growth Capital Advance definition

Tranche A Growth Capital Advance is defined in Section 2.1.1(a).
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Tranche A Growth Capital Advance or “Tranche A Growth Capital Advances” means any Growth Capital Advances(s) made under Tranche A.
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Tranche A Growth Capital Advance means an advance under the Growth Capital Line of Five Million Dollars ($5,000,000).
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Examples of Tranche A Growth Capital Advance in a sentence

  • During the Tranche C Draw Period, Co-Borrowers may request one (1) Growth Capital Advances under Tranche C, in a principal amount equal to Five Million Dollars ($5,000,000) (the “Tranche C Growth Capital Advance” and together with the Tranche A Growth Capital Advance and the Tranche B Growth Capital Advance, each a “Growth Capital Advance” and collectively, the “Growth Capital Advances”).

  • During the Tranche C Draw Period, Borrower may request and Bank shall make one (1) Growth Capital Advance under Tranche C, in an amount equal to Two Million Dollars ($2,000,000) (the “Tranche C Growth Capital Advance”, and together with the Tranche A Growth Capital Advance and the Tranche B Growth Capital Advance, each a “Growth Capital Advance” and collectively, the “Growth Capital Advances”).

  • During the Tranche B Draw Period, Borrower may request a Growth Capital Advance under Tranche B, in an amount not to exceed Two Million Dollars ($2,000,000) (the “Tranche B Growth Capital Advance”, and together with the Tranche A Growth Capital Advance, each a “Growth Capital Advance” and collectively, the “Growth Capital Advances”).

  • Subject to the satisfaction of the terms and conditions set forth in this Agreement, there shall be two (2) Growth Capital Advances, the Tranche A Growth Capital Advance and the Tranche B Growth Capital Advance.

  • Nor does he dispute that he transmitted these files to several Livingston engineers using his Dropbox and email accounts.

  • During the Tranche C Draw Period, Borrower may request and Bank shall make Growth Capital Advances under Tranche C, in an aggregate principal amount not to exceed Five Million Dollars ($5,000,000) (the “Tranche C Growth Capital Advances” and together with the Tranche A Growth Capital Advance and the Tranche B Growth Capital Advances, each a “Growth Capital Advance” and collectively, the “Growth Capital Advances”).

  • Without limiting the foregoing, a portion of the proceeds of the Tranche A Growth Capital Advance shall be used by Borrower to repay the Existing Indebtedness in full on the Closing Date.

  • All unpaid principal and accrued interest is due and payable in full on the Growth Capital Maturity Date with respect to the Tranche A Growth Capital Advance.

Related to Tranche A Growth Capital Advance

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

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

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • 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.

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • 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.

  • Term Loan A Maturity Date means July 29, 2025.

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Term Loan Increase has the meaning set forth in Section 2.14(a).