Examples of Tranche A Outstandings in a sentence
If the Tranche A Outstandings of the Customer are not converted to a Tranche B Loan, the Conversion Commitment shall be automatically reduced to zero on the earlier of the date of Launch or the last day of the Tranche A Period.
If on the Conversion Commitment Date AEF determines that the Customer has not satisfied all applicable Conversion Conditions and Tranche B Conditions Precedent, the Tranche A Outstandings shall not convert to a Tranche B Loan and shall become due and payable by the Customer in accordance with Section 2.05(b).
After giving effect to the Loans or Letters of Credit requested to be made or Issued on any such date and the use of proceeds thereof, (i) the Tranche A Outstandings shall not exceed the Maximum Tranche A Credit at such time and (ii) the Tranche A-1 Outstandings shall not exceed the Maximum Tranche A-1 Credit at such time.
Delta, for example, averagesonly four to six passengers per flight on 34-seat Saab turboprops out of Thief River Falls.
No Tranche A Advance may be drawn under the Tranche A Facility if, as a result of drawing such Tranche A Advance, the Total Tranche A Outstandings would exceed the Total Tranche A Commitments.