Tranche A Percentage definition

Tranche A Percentage means, with respect to any Tranche A Lender at any time, the percentage of the aggregate Tranche A Commitments represented by such Tranche A Lender’s Tranche A Commitment at such time; provided that if the Tranche A Commitments have expired or been terminated, the Tranche A Percentages shall be determined on the basis of the Tranche A Commitments most recently in effect, giving effect to any assignments.
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Tranche A Percentage means, with respect to each Participant, the percentage set forth under the caption "Tranche A Percentage" opposite such Participant's name on Part A of Schedule I, or, if changed, such percentage as may be set forth for such Participant in the Register.
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Tranche A Percentage as to any Tranche A Lender at any time, the percentage which such Lender's Tranche A Commitment then constitutes of the aggregate Tranche A Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche A Loans then outstanding constitutes of the aggregate principal amount of the Tranche A Loans then outstanding).
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Examples of Tranche A Percentage in a sentence

  • With respect solely to the initial Borrowing of the Construction Loans, the Borrower shall have delivered to the Administrative Agent an updated Projected Amortization Schedule, modified solely to include the Tranche A Notional Amortization and the Tranche A Percentage Amortization.

  • Whenever the Letter of Credit Issuer receives a payment of a Reimbursement Obligation from or on behalf of the Borrower as to which the Letter of Credit Issuer has received any payment from a Tranche A Lender pursuant to Section 2.6(e), the Letter of Credit Issuer shall promptly pay to such Lender an amount equal to such Lender's Tranche A Percentage of such payment from or on behalf of the Borrower.

  • In the case of the liquid hydrogen, the mock-up test is conducted at the cryogenic temperature, approximately 21 K; the hydrogen- oxygen chemical reaction should be considered during the experiments.

  • Each reduction of the Aggregate Tranche A Commitments shall be made by reducing each Lender's Tranche A Commitment by an amount equal to such Lender's Tranche A Percentage of such reduction, and each reduction of the Aggregate Tranche A Commitments made pursuant to Section 2.3(a) or 2.3(d) shall be applied to the remaining Aggregate Tranche A Commitments reductions set forth in Section 2.3(b) on a pro rata basis.

  • If such Borrower fails to make such payment when due, the Administrative Agent shall notify each Tranche A Lender of the applicable LC Disbursement, the amount and currency of the payment then due from such Borrower in respect thereof and such Lender’s Tranche A Percentage thereof.


More Definitions of Tranche A Percentage

Tranche A Percentage as of any date and with respect to each Tranche A Lender, the percentage equal to a fraction (i) the numerator of which is the Tranche A Commitment of such Tranche A Lender on such date (or, if there are no Tranche A Commitments on such date, such Tranche A Lender's Tranche A Exposure on such date), and (ii) the denominator of which is sum of the Aggregate Tranche A Commitments on such date (or, if there are no Tranche A Commitments on such date, the Aggregate Tranche A Exposure on such date).
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Tranche A Percentage means at any time for each Bank the percentage obtained by dividing such Bank's Tranche A Revolving Loan Commitment (if any) by the Total Tranche A Revolving Loan Commitment; provided that at any time when the Total Tranche A Revolving Loan Commitment shall have been terminated, each Bank's Tranche A Percentage shall be the percentage obtained by dividing such Bank's Tranche A Revolving Loan Commitment (if any) immediately prior to such termination by the Total Tranche A Revolving Loan Commitment immediately prior to such termination.
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Tranche A Percentage means for each Bank the percentage obtained by dividing such Bank's Tranche A Commitment by the Total Tranche A Commitment, PROVIDED that if the Total Tranche A Commitment has been
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Tranche A Percentage means the percentage set forth on Schedule III hereto as the "Tranche A Percentage."
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Tranche A Percentage means, as of any date of determination, the quotient (expressed as a percentage to the second decimal point) of: (a) the aggregate unutilized amount of Tranche A Loan Commitment divided by (b) the Available Construction Commitment Amount."; and
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Tranche A Percentage means, as to any Tranche A Lender, the percentage which such Tranche A Lender’s Tranche A Commitment is of the aggregate amount of Tranche A Commitments of all Tranche A Lenders.
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Tranche A Percentage means, with respect to a Property, a fraction, expressed as a percentage, equal to (a) the Maximum Residual Guarantee Amount of such Property divided by (b) the Property Cost of such Property.
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