Tranche C Borrowing definition

Tranche C Borrowing means a borrowing (including a continuation) consisting of simultaneous Tranche C Loans of the same Type and, in the case of Term SOFR Loans, having the same Interest Period made by each of the Tranche C Lenders pursuant to Section 2.2(bb).
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Tranche C Borrowing means a Borrowing comprised of Tranche C Loans.
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Tranche C Borrowing means a Borrowing comprised of Tranche C Loans. -------------------
Sample 1

Examples of Tranche C Borrowing in a sentence

  • Each applicable Lender shall make the amount of its applicable Loan available to the Administrative Agent in immediately available funds at an account in Mexico specified by the Administrative Agent by (i) in the case of the Term Loans, 11:00 a.m. on the proposed date for such Tranche A Borrowing, Tranche B Borrowing and Tranche C Borrowing (the “ Pre- Funding Date”), and (ii) in the case of the DSRF Loans, 11:00 a.m. Mexico time on the proposed DSRF Borrowing Date applicable to each DSRF Loan.


More Definitions of Tranche C Borrowing

Tranche C Borrowing means, initially, the borrowing consisting of simultaneous Tranche C Advances by the Tranche C Lenders on the Funding Date. After the Tranche C Advances are outstanding, "Tranche C Borrowing" means a portion of the Tranche C Advances (as to which each Tranche C Lender has a ratable part) that (a) bears interest by reference to the Base Rate or (b) bears interest by reference to the Eurodollar Rate and has a single Interest Period.
Sample 1
Tranche C Borrowing means Tranche C Loans made on the same day by the Tranche C Lenders ratably according to their respective Tranche C Commitments.
Sample 1
Tranche C Borrowing means the Borrowing made of all of Tranche C of the Loan by the Lenders in favor of the Co-Borrowers, after the Tranche B Borrowing as provided by Section 2.1.2 of this Agreement, for the purposes provided in paragraph (iii) of Section 2.1.6 of this Agreement once the Tranche C Borrowing Conditions have been met.
Sample 1
Tranche C Borrowing means Tranche C Supplemental Term Loans, if any, made in accordance with SECTION 2.1(d) by the Tranche C Lenders ratably according to their respective Tranche C Commitments.
Sample 1
Tranche C Borrowing means a borrowing of Tranche C Loans made or to be made by the Borrower hereunder.
Sample 1

Related to Tranche C Borrowing

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

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

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

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

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

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

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

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

  • Tranche C Term Loan as defined in Section 2.1.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Initial Revolving Borrowing means one or more borrowings of Dollar Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of “Permitted Initial Revolving Borrowing Purposes.”

  • 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.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

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

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.