Examples of Tranche A Repayment Date in a sentence
Notwithstanding the foregoing, if the Leverage Ratio on the last day of the Test Period immediately prior to any Tranche A Repayment Date (other than the Tranche A Maturity Date) was less than or equal to 2.50 to 1.00, no scheduled amortization payment shall be required on such Tranche A Repayment Date.
Any balance of the Tranche A Advances remaining outstanding on the Final Tranche A Repayment Date shall be repaid in full on that date.
Each such reduction shall be applied pro rata against and in cancellation of the Tranche A Commitments of each Lender on the relevant Tranche A Repayment Date.
CANCELLATION OF COMMITMENTS - REDUCTION OF PRINCIPAL 11 4.1 Repayment Dates 11 4.2 Reduction of Principal Outstanding 11 4.3 Voluntary early cancellation 11 4.4 Extension of Tranche A Repayment Date 11 4.5 Application against Commitments 12 4.6 Allocation among Participants 12 4.7 Notification 12 5.
Each subsequent repayment instalment under Tranche A will be equal to 1/16 of the aggregate principal amount of Tranche A outstanding on the second Tranche A Repayment Date prior to the repayment being made.