Examples of Tranche C Lenders in a sentence
Tranche B Loans or Tranche C Loans owing to such Defaulting Lender, then the Tranche A Borrowers, TCCI or TFA, as applicable, shall pay or cause to be paid a ratable payment of principal and interest to all Tranche A Lenders, Tranche B Lenders or Tranche C Lenders, as applicable, who are not Defaulting Lenders.
To enable the Tranche C Lenders to create Bankers’ Acceptances or purchase Drafts, as the case may be, in accordance with Section 2.01(c) and this Section 2.15, TCCI hereby appoints each Tranche C Lender as its attorney to sign and endorse on its behalf (for the purpose of acceptance and/or purchase of Drafts pursuant to this Agreement), in handwriting or by facsimile or mechanical signature as and when deemed necessary by such Tranche C Lender, blank forms of Drafts.
Anything in Section 2.15(a) to the contrary notwithstanding, TCCI may not select a Drawing if the obligation of the Tranche C Lenders to purchase and accept Bankers’ Acceptances shall then be suspended pursuant to Section 2.15(e) or 3.2(b).
They notably concern economic activity by French-owned entities abroad.
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.