Tranche C Advance definition

Tranche C Advance means each Advance allocated to Tranche C pursuant to, and in accordance with, this Agreement.

Tranche C Advance means an advance (as from time to time reduced by repayment in accordance with the terms hereof or the Common Terms Agreement) made or to be made by the Hotel Facility Lenders under the Tranche C Facility.

Tranche C Advance means an Advance made or to be made by the Banks under the Tranche C Facility.

Examples of Tranche C Advance in a sentence

• If a Tranche B Advance or a Tranche C Advance is to be made in an Alternative Currency, the amount to be drawn down will be the Equivalent, as determined by the Facility Agent, in that Alternative Currency of the US Dollar Amount on the second Business Day before the relevant Drawdown Date.

• No Tranche C Advance may be drawn under the Tranche C Facility if, as a result of drawing such Tranche C Advance, the Total Tranche C Outstandings would exceed the Total Tranche C Commitments.

• As from the Effective Date, the Existing TFB Packing Credit Facility shall be treated for all purposes and to all intents as part of the Tranche C Commitment, the Tranche C Advance and/or the Tranche C Outstandings, as the case may be, in respect of TFB under the Tranche C Facility and shall, thereafter, be subject to the terms and conditions of this Agreement in all respects.

• The Finance Act, 2008 had introduced an amendment to the Workers' Welfare Fund Ordinance, 1971 (WWF Ordinance) as a result of which it was construed that all Collective Investment Schemes (CISs) / mutual funds whose income exceeded Rs 0.5 million in a tax year were brought within the scope of the WWF Ordinance, thus rendering them liable to pay contribution to WWF at the rate of two percent of their accounting or taxable income, whichever was higher.

• The duration of each Interest Period for a Tranche C Advance shall be determined in accordance with the normal banking practice of the relevant Tranche C Lender, provided that the first Interest Period shall commence on the Drawing Date of that Tranche C Advance.

More Definitions of Tranche C Advance

Tranche C Advance means any Tranche C Loans made pursuant to this Agreement on a single date.

Tranche C Advance and “Tranche C Advances” shall have the meanings assigned to those terms in Section 3(c).

Tranche C Advance means an advance under a Tranche C Facility;

Tranche C Advance means an Advance comprised of Tranche C Revolving Loans.

Tranche C Advance means any loan under the Tranche C Facility or, where the context requires, the principal amount of that loan outstanding.

Tranche C Advance has the meaning set forth in Section 1.01.

Tranche C Advance means each advance under the Tranche C Facility pursuant to Clause 6.1 or, as the context may require, the principal amount advanced to the Borrower on each such occasion;