Tranche A Term Advance definition

Tranche A Term Advance has the meaning specified in Section 2.01(a).
Sample 1Sample 2Sample 3
Tranche A Term Advance means a loan made or to be made under the Tranche A Term Facility or the principal amount outstanding for the time being of that loan.
Sample 1Sample 2Sample 3
Tranche A Term Advance means an advance (as from time to time consolidated, divided or reduced by repayment) made or to be made by the Banks under the Tranche A Term Facility.
Sample 1Sample 2

Examples of Tranche A Term Advance in a sentence

  • If a Bank's Available Tranche A Term Commitment is reduced in accordance with the terms hereof after the Facility Agent has received the Notice of Drawdown for a Tranche A Term Advance and such reduction was not taken into account in the Available Tranche A Term Facility, then the amount of that Tranche A Term Advance shall be reduced accordingly.

  • Each Tranche A Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Tranche A Term Advance") to the Borrower on the date hereof in an amount not to exceed such Lender's Tranche A Term Commitment at such time.

  • Listing of individual securities held at the end of the reporting period.

  • No Borrower may re-borrow any Tranche A Term Advance or, as the case may be, any Tranche B Term Advance repaid or prepaid.

  • Any Term Advances that are outstanding under Tranche A on the Tranche A Availability End Date shall be payable in 36 equal monthly installments of principal, plus all accrued interest, beginning on September 7, 2008, and continuing on the same day of each month thereafter through the Term Loan Maturity Date, at which time all amounts due in connection with Tranche A Term Advance made under this Section 2.1(c) shall be immediately due and payable.

  • Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Tranche A Term Advance") to the Borrower on any Business Day during the period from the date hereof until the Tranche A Termination Date in an amount not to exceed such Lender's Tranche A Term Commitment at such time.

  • The issue has subsequently snowballed in our community, and, in an effort to clear the air, the board has decided to hold a public session to provide an open forum for discussion.


More Definitions of Tranche A Term Advance

Tranche A Term Advance and “Tranche A Term Advances” have the meaning assigned in Section 2.1(c).
Sample 1
Tranche A Term Advance means an advance made by any Tranche A Term Lender pursuant to Section 2.01(a).
Sample 1

Related to Tranche A Term Advance

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).