Tranche A Revolving Credit Loans definition
Examples of Tranche A Revolving Credit Loans in a sentence
The Tranche A Revolving Credit Loans may be (i) Eurodollar Loans, (ii) Alternate Base Rate Loans or (iii) a combination thereof, as determined by the Company and notified to the Agent in accordance with subsection 2.1(c).
During the Commitment Period the Company may use the Tranche A Commitments by borrowing, prepaying the Tranche A Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.
For the avoidance of doubt all Letters of Credit outstanding prior to the Fifth A&R Effective Date shall remain outstanding thereafter and all Tranche A Revolving Credit Loans shall be repaid and redrawn on the Fifth A&R Effective Date.
The proceeds of such Tranche A Revolving Credit Loans shall be immediately applied to repay the Swing Line Loans outstanding on the date of termination or expiration of the Tranche A Commitments.
A single Borrowing Request may consist of both Tranche A Revolving Credit Loans and Tranche A-1 Revolving Credit Loans.
The initial Tranche A Revolving Credit Loans shall be made by the Lenders against delivery of Tranche A Revolving Credit Notes, payable to the order of the Lenders, as referred to in Section 2.04 hereof.
The Tranche A Revolving Credit Loans made or to be made by the Banks to the Borrower pursuant to Section 2.1 hereof.
The proceeds of the Tranche A Revolving Credit Loans will be used by the Borrower for working capital and any other lawful purpose not inconsistent with the requirements of this Agreement.
During the Revolving Credit Commitment Period the Borrower may use the Tranche A Revolving Credit Commitments by borrowing, prepaying the Tranche A Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.
The proceeds of the Tranche A Revolving Credit Loans and the Tranche A Letters of Credit shall be used for working capital needs and general corporate purposes of the Borrower and its Subsidiaries in the ordinary course of business (including in connection with any acquisition described in Section 7.8(h)).