Tranche C Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche C Loan and “Tranche C Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche C Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche C Loan Commitments as of the Closing Date is $10,000,000.
Tranche C Loan Commitment means, with respect to each Bank, the ------------------------- amount committed by such Bank pursuant to this Agreement with respect to the Tranche C Loan as set forth on the signature pages hereto, as such amount may be reduced from time to time pursuant to Sections 2.10 and 2.
Tranche C Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche C Loan and “Tranche C Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche C Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche C Loan Commitments after giving effect to the Tranche C Term Loan made on the Tranche C Loan Borrowing Date is $0. “Tranche D Loan” means each loan advanced by a Lender pursuant to Section 2.01(d). For purposes of clarification, any calculation of the aggregate outstanding principal amount of the Tranche D Loan on any date of determination shall mean the aggregate principal amount of the Tranche D Loan made pursuant to Section 2.01(d) that has not yet been repaid as of such date. “Tranche D Loan Borrowing Date” means with respect to the Tranche D Loan, the Business Day on which all conditions set forth in Section 6.04 have been satisfied or waived by the Lenders and the Tranche D Loan is made hereunder. “Tranche D Loan Commitment” means the commitment of a Lender to make or otherwise fund a Tranche D Loan and “Tranche D Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche D Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche D Loan Commitments as of the Third Amendment Effective Date is $7,500,000. “Tranche D Loan Commitment Termination Date” means June 30, 2022. “Transactions” means the execution, delivery and performance by each Obligor of this Agreement and the other Loan Documents to which such Obligor is a party and the other transactions contemplated hereby and thereby, including disbursement and application of the proceeds of the Loans. “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. “UK Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excludin...
Examples of Tranche C Loan Commitment in a sentence
No Lender shall have an obligation to make a Tranche C Loan in excess of such Xxxxxx’s Tranche C Loan Commitment.
Each Lender’s Tranche C Loan Commitment shall terminate immediately and without further action on the earlier of (x) the Tranche C Loan Borrowing Date after giving effect to the funding of such Lender’s Tranche C Loan Commitment on such date and (y) the Tranche C Loan Commitment Termination Date.
The Tranche C Loan Commitment Termination Date shall not have occurred.
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Each Lender's Loan and Loan Commitment shall consist of a Tranche A portion, a Tranche B portion and a Tranche C portion, in amounts proportional to Tranche A, Tranche B and Tranche C overall (such portions of a Lender's Loan Commitment, a "Tranche A Loan Commitment", "Tranche B Loan Commitment" and "Tranche C Loan Commitment", respectively).
More Definitions of Tranche C Loan Commitment
Tranche C Loan Commitment means the commitment of a Lender to make Tranche C Loans to Company pursuant to subsection 2.1A(iii), and "Tranche C Loan Commitments" means such commitments of all Lenders in the aggregate.
Tranche C Loan Commitment means the agreement of the Lender to continue the Existing Tranche C Loan on the Closing Date, the agreement of the Lender to make additional Tranche C Loans to the Borrower after the Closing Date pursuant to clause (a)(i) of the Acquisition Guidelines and the option of the Lender to make additional Tranche C Loans to the Borrower after the Closing Date pursuant to clause (a)(ii) and clause (b)(ii) of the Acquisition Guidelines, all in an aggregate principal amount not to exceed $50,000,000.00 at any time less the aggregate amount outstanding under all Loans other than Tranche C Loans at such time.
Tranche C Loan Commitment means the agreement of the Lender to continue the Existing Tranche C Loan on the Closing Date, the agreement of the Lender to make additional Tranche C Loans to the Borrower after the Closing Date pursuant to clause (a)(i) of the Acquisition Guidelines and the option of the Lender to make Tranche C Loans to the Borrower pursuant to clause (a)(ii) and clause (b)(ii) of the Acquisition Guidelines, all in an aggregate principal amount not to exceed $30,000,000 at any time less the aggregate amount outstanding under the Tranche A Loan and Tranche B Loan at such time.
Tranche C Loan Commitment means, relative to each Lender, the obligation of such Lender to make Tranche C Loans to the Borrower hereunder in an aggregate principal amount set forth under "Tranche C Loan Commitment" opposite such Xxxxxx's name on SCHEDULE 1.1(a).
Tranche C Loan Commitment has the meaning specified in Section 4.1.(a)
Tranche C Loan Commitment means, as to any Bank, the obligation of such Bank to make on the Closing Date Tranche C Loans to the Borrowers in an aggregate principal amount up to but not exceeding the amount set forth next to such Bank's name on Schedule 1 hereto under the caption "Tranche C Loan Commitment" (as the same may be modified as a result of an assignment pursuant to Section 11.6 hereof or reduced pursuant to Section 2.3 hereof). "Tranche C Notes" shall mean the promissory notes of the Company evidencing the Tranche C Loans, substantially in the form of Exhibit 2.8-3 hereto. "Tranche C Share" shall mean, at any date of determination thereof, a fraction, the numerator of which is the aggregate principal amount of the Tranche C Loans outstanding on such date, and the denominator of which is the aggregate principal amount of all the Loans outstanding on such date.
Tranche C Loan Commitment in Section 1.1 of the Existing Loan Agreement, is hereby deleted in its entirety.