Tranche A Obligations definition

Tranche A Obligations means (a) the due and punctual payment of principal of and interest on (subject to the provisos to Section 2.05(b)) the Tranche A Loans and (b) the due and punctual payment of all other present and future, fixed or contingent, monetary obligations of the Borrower and the Guarantors to GM with respect to the Tranche A Loans under this Agreement.
Tranche A Obligations means (i) all present and future obligations of the Company under the Tranche A Indenture and the Tranche A Notes, including in respect of the principal of, and interest (including interest accruing after the occurrence and during the continuance of any Default, whether or not a claim for post-filing or post-petition interest is allowed or allowable under applicable law following the institution of any Insolvency or Liquidation Proceeding) and premium, if any, on the Tranche A Notes, purchase price of Tranche A Notes, fees, reimbursement and indemnification obligations (including fees and expenses of the Tranche A Trustee payable under the Tranche A Indenture and under the Tranche A Collateral Documents) and all other amounts outstanding under the Tranche A Indenture or the Tranche A Notes (including all such amounts which would become due but for the operation of the automatic stay under Section 362(a) of the United States Bankruptcy Code or the operation of Sections 502(b) and 506(b) of the United States Bankruptcy Code), and (ii) all present and future obligations of the Company under the Tranche A Collateral Documents, in each case as the same may be amended, supplemented or otherwise modified and in effect from time to time (including fees and expenses of the Tranche A Trustee payable under the Tranche A Indenture and the Tranche A Collateral Documents).
Tranche A Obligations. The aggregate of Tranche A Debt and Tranche A Fees.

Examples of Tranche A Obligations in a sentence

  • Pursuant to the Tranche A Collateral Documents and the Tranche B Collateral Documents, the Company has agreed to pledge and grant security interests in the Collateral as security for the Tranche A Obligations and the Tranche B Obligations, respectively.

  • The Administrative Agent, on behalf of the Lenders, agrees that provided (i) no Event of Default exists and is continuing and (ii) after giving effect to the proposed delivery, the Tranche A Borrowing Base is equal to or in excess of the Tranche A Obligations, as the case may be, the Administrative Agent shall consent to any such delivery within one Business Day of the request.

  • Subject to Section 8B.5, upon the satisfaction of the Tranche A Obligations in full, regardless of the source of payment, the Tranche A Guarantors' obligations hereunder shall be deemed satisfied, discharged and terminated other than indemnifications set forth herein that expressly survive.

  • Neither the Administrative Agent nor any Tranche A Lender shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Tranche A Obligations or for the guarantee contained in this Section 2 or any property subject thereto.

  • The Tranche A Obligations shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon this Section 8B.


More Definitions of Tranche A Obligations

Tranche A Obligations means all Obligations in respect of the Tranche A Advances.
Tranche A Obligations means (i) all principal of and interest (including, without limitation, any Post-Petition Interest) on any Tranche A Loan and (ii) all other amounts payable by NNL in connection with the Tranche A Loans under the 2006 Credit Agreement.
Tranche A Obligations means any and all obligations of the Owner Trustee to pay any and all amounts and perform any and all obligations regarding the Tranche A Notes, including without limitation to pay the principal amount, all amounts of interest and all other amounts owing with respect thereto on the Maturity Date or upon any earlier due date therefor.
Tranche A Obligations means the collective reference to the unpaid principal of and interest on the Tranche A Loans and all other obligations and liabilities of the Borrower to the Administrative Agent, the LC Bank and the Tranche A Lenders in respect of the Tranche A Loans (including, without limitation, interest accruing at the then applicable rate provided in this Agreement after the maturity of the Tranche A Loans and interest accruing at the then applicable rate provided in this Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement, or any other Credit Document and any renewal, extension, restatement, refinancing or refunding thereof, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Tranche A Lenders in respect of the Tranche A Loans that are required to be paid by the Borrower pursuant to the terms of this Agreement)."
Tranche A Obligations means the sum of the Tranche A Loan Balances of all Tranche A Loans and the L/C Exposure.