Examples of Tranche B Advances in a sentence
All Tranche B Advances under the Finnvera Facility B shall be in Canadian Dollars alone.
In the event of a suspension of the Borrower’s right to request Tranche B Advances (including conversions and extensions thereof) from one or more Foreign Tranche B Lenders under Section 4.10 (each a “Tranche B Affected Lender”), each Tranche B Affected Lender shall, concurrently with the notice described in Section 4.10, seek alternative sources of funding the Tranche B Advances and, if sufficient funds are obtained, shall notify the Borrower as to when such funds will be available for Tranche B Advances.
Any portion of the Tranche B Advances that is subsequently repaid or prepaid may not be reborrowed.
Upon effecting any of the Mandatory Repayments described in this Article 9, the Borrower shall not be entitled to request any further Tranche B Advances and the Finnvera Facility B and each Tranche B Lender’s Tranche B Commitment thereunder shall be cancelled.