Tranche A2 Advance definition

Tranche A2 Advance means an advance made, converted or continued pursuant to Section 2.01(c)(ii).
Tranche A2 Advance. An Advance with respect to which the interest rate is determined by reference to the Tranche A2 Rate.
Tranche A2 Advance means an advance made, converted or continued pursuant to Section 2.01(c)(ii). The aggregate amount of the Tranche A2 Advances outstanding on the First Amendment Effective Date, after giving effect to the making of the Tranche A2 Advances on the First Amendment Effective Date, is $1,630,000,000.

Examples of Tranche A2 Advance in a sentence

  • Buyer shall have the right to assume the defense and settlement of any claim or suit for which Buyer may be responsible for indemnification under this Section.

  • Borrowers may exercise such option by delivering written notice to Lender prior to noon eastern time on any Business Day stating Borrowers’ request to increase the amounts under the Tranche A-2 Advance and indicating the amount of the increase in the Tranche A-2 Advance requested by Borrowers, and the date on which Borrowers desire such increase to be effective (which date shall not be less than one (1) Business Day after the date of such notice).

  • SCP has agreed to fund the Tranche A-2 Advance and by its execution of this Amendment shall become a Lender under the Credit Agreement.

  • UNISON Conferences Health and Safety Policy StatementUNISON is committed to its responsibility to provide delegates, sharers, visitors, and staff to conferences with a healthy and safe environment.

  • On the Fourth Amendment Effective Date, Lender agrees to make an initial Advance to Borrowers in respect of the Tranche A-2 Advance, in an amount equal to Five Million Dollars ($5,000,000) (the “Initial Tranche A-2 Advance”).


More Definitions of Tranche A2 Advance

Tranche A2 Advance means any advance by a Bank to the Company as part of a Tranche A2 Borrowing and refers to a U.S. Base Rate Advance or a Eurodollar Rate Advance.

Related to Tranche A2 Advance

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

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

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

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

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

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

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

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

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Revolving Advance has the meaning given in Section 2.1.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • SOFR Advance means any Loan which, except as otherwise provided in Section 2.10, bears interest at a rate based on Adjusted Term SOFR (other than a Floating Rate Advance as to which the interest rate is determined with reference to Adjusted Term SOFR or a SOFR Market Index Rate Advance).

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

  • Equipment Advance is defined in Section 2.1.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Tranche A Term Loan as defined in Section 2.1.

  • Interest Advance means an Advance made pursuant to Section 2.02(a).