Tranche A Repayment Date definition

Tranche A Repayment Date shall have the meaning provided in Section 2.5(b).
Tranche A Repayment Date shall have the meaning assigned to such term in Section 2.11(a)(i).
Tranche A Repayment Date means the date falling on the fifth anniversary of the date of this Agreement.

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.


More Definitions of Tranche A Repayment Date

Tranche A Repayment Date means each date identified in Clause 8.1.
Tranche A Repayment Date. Each date specified as such in Schedule 6 (Repayment Schedule). Tranche A Starting Point of Credit Date: 30 June 2015, being the mean delivery date of the delivery period (January 2015 to December 2015) under Tranche A.
Tranche A Repayment Date means, in respect of the Tranche A Loans, each of the twenty four (24) quarterly instalment dates as detailed in the Repayment Schedule for the Tranche A Loans, the first such date falling on the Amortisation Commencement Date, and the final such date falling on the relevant Final Maturity Date.
Tranche A Repayment Date the date on which (a) the Tranche A Loans and all unreimbursed drawings under any Letters of Credit have been paid in full, (b) the Tranche A Commitments have been terminated and (c) all outstanding but undrawn Letters of Credit have been replaced and returned, secured by "back-to-back" letters of credit or cash collateralized, in each case, in the manner set forth in subsection 3.1(b).
Tranche A Repayment Date means, in respect of the Tranche A Loans, each of the eight (8) dates falling at quarterly intervals as detailed in the Repayment Schedule for the Tranche A Loans, the first such date falling on the Amortisation Commencement Date, and the final such date falling on the Final Maturity Date.
Tranche A Repayment Date means, in respect of a Tranche A Loan, each of the forty eight (48) dates which fall on the Quarter Days as detailed in the Repayment Schedule. In the event that the Delivery Date of a Vessel to which a Tranche A Loan relates is a Quarter Day, the first Repayment Date in respect of that Tranche A Loan shall be the next Quarter Day. If the Delivery Date of a Vessel to which a Tranche A Loan relates falls on any day other than a Quarter Day, the first repayment date of that Tranche A Loan shall be the second Quarter Day after the Delivery Date of the Vessel to which that Tranche A Loan relates. In any event, the final Tranche A Repayment Date shall fall on the Term Loan Final Maturity Date.
Tranche A Repayment Date means the first date occurring on or after the Tranche A Conversion Date which is a Semi-Annual Date, each Semi-Annual Date thereafter up to and including the Tranche A Institutional Maturity Date, and the Tranche A Institutional Maturity Date, provided that if any such date is not a Banking Day, the relevant Tranche A Repayment Date shall be the next succeeding Banking Day.