Tranche C Bank definition

Tranche C Bank means any Bank that has committed to fund a portion of the Tranche C Loan.
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Tranche C Bank means any Bank with a Tranche C Commitment.
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Examples of Tranche C Bank in a sentence

  • Unless the Agent has received a notice from the Tranche C Banks one Business Day before the Drawdown Date stating that the guarantee cannot be provided in accordance with the Commitment Ratios, the Agent may trust that the Tranche C Banks will provide the guarantee as agreed and neither the Agent nor any Tranche C Bank is obliged to provide guarantee on behalf of any other Tranche C Bank.

  • Such --------------- notice shall specify each Additional Tranche C Bank, if any, the changes in amounts of Total Tranche C Term Loan Commitments that will result, the terms and conditions of such Tranche C Term Loans and such other information as is reasonably requested by the Administrative Agent.

  • Any Tranche C Bank or Tranche D Bank may pledge any of its Tranche C Loans or Tranche D Loans, as applicable, or its Note to any trustee with respect to a pool of collateralized loan obligations which includes such Tranche C Loans or Tranche D Loans; provided that any foreclosure or similar action by such trustee shall be subject to the provisions of this Section concerning assignments and shall be void unless it complies with such provisions.

  • On the effective date of the Additional Tranche C Term Loan Commitment Certificate executed by such Additional Tranche C Bank, if any, or a preexisting Bank, as the case may be, such Additional Tranche C Bank (or preexisting Bank, if applicable) shall advance to the Administrative Agent, for payment to the Borrower, a single advance in the amount of its Tranche C Term Loan Commitment, or increase thereof, as applicable, which advance shall be deemed to be a Tranche C Term Loan under this Agreement.

  • Such fees shall be deducted directly from the purchase price payable to the Issuer under the commercial papers purchased in accordance with this Agreement by each Tranche C Bank also acting as the underwriter.

  • Each Tranche C Bank severally agrees, on the -------------- terms and conditions set forth in this Agreement, to make the Tranche C Loan on the Closing Date to Borrower in an amount such that the aggregate principal amount of the Tranche C Loan by such Bank at any one time outstanding shall not exceed the amount of its Tranche C Commitment.

  • Bills Depository and Settlement Service Fee The bills depository and settlement service fee is calculated based on the face value and the actual number of days issued based on the fee rates published by the Taiwan Depository and Clearing Corporation, which are borne by the Issuer and deducted directly from the purchase price payable to the Issuer under the commercial papers purchased in accordance with this Agreement by each Tranche C Bank also acting as the underwriter.

  • In addition, the Borrower shall execute and deliver a Note in the principal amount of the Tranche C Term Loan Commitment of each Additional Tranche C Bank, or a replacement Note in the principal amount of the increased Tranche C Term Loan Commitment of each Bank agreeing to increase its Tranche C Term Loan Commitment, as the case may be.

  • The Borrower agrees to pay to the Administrative Agent for distribution to each Tranche C Bank with a Tranche C Term Loan Commitment a commitment commission (the "Tranche C Term Loan Commitment Commission") for the period from the Supplement Effective Date to but not including the last day of the Tranche C Drawing Period computed at a rate per annum for each day equal to3/4of 1% on the Tranche C Term Loan Commitment of such Tranche C Bank on such day.

  • Guarantees or underwritings by the Tranche B Banks also acting as the underwriter in accordance with this Agreement shall be based on such specimen seals/signatures and such specimen seals/signatures shall be absolutely binding on each Tranche C Bank also acting as the underwriter.

Related to Tranche C Bank

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

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

  • Tranche C means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche C Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche C” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche C Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

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

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

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • 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 the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

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

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

  • Tranche B Notes is defined in Section 1.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • 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).

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

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

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

  • 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.

  • Tranche B Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche B Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche B Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Tranche B Commitment, as the case may be. The initial aggregate amount of the Lenders’ Tranche B Commitments is $750,000,000.

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

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

  • 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 B Term Loan as defined in Section 2.1.

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