Tranche C Commitments definition

Tranche C Commitments means such obligations of all Tranche C Lenders. As of the Closing Date, the aggregate principal amount of the Tranche C Commitments is $25,000,000.

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Tranche C Commitments means $3,000,000.

Tranche C Commitments means the aggregate of the Lenders' Tranche C Commitments.

Examples of Tranche C Commitments in a sentence

The Tranche A Borrowers, TCCI or TFA shall have the right, at any time, upon at least three Business Days’ notice to a Defaulting Lender (with a copy to the Administrative Agent), to terminate in whole such Defaulting Lender’s Tranche A Commitments, Tranche B Commitments or Tranche C Commitments, respectively.
The Tranche A Borrowers, TCCI or the Tranche C Borrower shall have the right, at any time, upon at least three Business Days’ notice to a Defaulting Lender (with a copy to the Administrative Agent), to terminate in whole such Defaulting Lender’s Tranche A Commitments, Tranche B Commitments or Tranche C Commitments, respectively.
The Borrowing of the Tranche C Loans on the Amendment No. 3 Effective Date shall be in an aggregate amount equal to the aggregate Tranche C Commitments.
All reductions of the Aggregate Commitments pursuant to this Section 2.13(b) shall be applied pro rata to reduce the Tranche A Commitments, the Tranche B Commitments and the Tranche C Commitments (based upon the outstanding principal amounts of such Commitments).
Such notice shall set forth the amount of the requested increase in the Tranche A Commitments, Tranche B Commitments and/or Tranche C Commitments and the date on which such increase is requested to become effective (which shall be not less than 30 days or more than 100 days after the date of such notice), and shall offer each Lender the opportunity to increase its Commitment by its Tranche A Percentage, Tranche B Percentage or Tranche C Percentage, as the case may be, of the proposed increased amount.
Any part of the Tranche C Commitments not utilised under this agreement before the expiry of the Tranche C Availability Period will be cancelled automatically on the expiry of the Tranche C Availability Period.
The aggregate amount of all Tranche C Lenders’ Tranche C Commitments as of the Second Amendment Effective Date is $15,000,000.
Each Tranche C Revolving Loan shall be made as part of a Tranche C Revolving Borrowing consisting of Tranche C Revolving Loans of the same Type made by the Tranche C Lenders ratably in accordance with their respective Tranche C Commitments.
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.
The Loans made under this Agreement shall be disbursed by the Banks pro rata on the basis of their respective Tranche A Commitments, Tranche B Commitments and Tranche C Commitments.

More Definitions of Tranche C Commitments

Tranche C Commitments means, with respect to each Tranche C Lender, the commitment of such Lender to make Tranche C Loans to the Canadian Borrower in the aggregate principal amount outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule I (Commitments) under the caption “Tranche C Commitment ” as amended to reflect each Assignment and Acceptance executed by such Lender and as such amount may be reduced pursuant to this Agreement. The aggregate principal amount of all Tranche C Commitments on the Closing Date shall be $29,750,000.

Tranche C Commitments means the aggregate principal amount of the Tranche C Commitments of all the Banks, the initial maximum amount of which shall be $112,200,000.

Tranche C Commitments. The definition of "Tranche C Commitments"" shall be amended by deleting the last sentence thereof and replacing it with the following sentence: The aggregate principal amount of all Tranche C Commitments on the Tranche C Amendment Effective Date shall be CA$30,559,790.79.

Tranche C Commitments. All Exit Lenders providing their pro rata share of the Tranche C Term Loans, as set forth on Schedule 1 hereto (such commitment, the “Tranche C Commitment” and such participating Exit Lenders, the “Tranche C Commitment Parties”) shall receive their allocated share as set forth on Schedule 2 of 35.8 percent of the outstanding New Common Interests as of the Closing Date (the “Tranche C Commitment Equity”). The Tranche C Commitment Equity shall be issued as a private placement pursuant to section 4(a)(2) of the Securities Act of 1933. Those Exit Lenders that are members of the RXR Consortium1 may reallocate their respective portions of the Tranche C Commitment among the members of the RXR Consortium on or before the Closing Date (the “Tranche C Reallocation Date”); provided that the portion of the Tranche C Commitment provided, collectively, by members of the RXR Consortium shall be no less than $12,500,000 in aggregate principal amount.