Tranche C Loans definition

Tranche C Loans means as specified in Section 2.1(c).

Tranche C Loans means any Loans the purpose and use of which is to satisfy reserve requirements under Rule 15c3-3 of the Securities Exchange Act, whether by making an additional deposit to the account of the Borrower or reducing “credits” in the Reserve Formula such that a simultaneous pro forma calculation of the Reserve Formula would permit withdrawal from one or more Reserve Accounts of an amount sufficient to repay such loan.

Tranche C Loans or a "Tranche C Loan") to the Companies in amounts not to exceed, in the aggregate at any one time outstanding (determined after giving effect to the other transactions contemplated by the Loan Request pursuant to which said Tranche C Loan was requested), the lesser of:

Examples of Tranche C Loans in a sentence

• 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.

• In connection with the foregoing, the parties agree that (x) the foregoing conversion applies only to the funded portion of the Tranche B Loans first (i.e., the portion constituting “Called Principal,” if applicable) and not to any Tranche B Loans resulting from previous payment in kind, and (y) the resulting Tranche C+ Loans shall, for purposes of calculating the “Called Principal,” be considered funded Loans (and not payment in kind).

• Amounts repaid or prepaid in respect of the Tranche C Loans may not be reborrowed.

• In each case, such discount will be treated as original issue discount on the Loans for U.S. federal income tax purposes and will reduce the net issue price of the Initial Term LoansTranche A Loans, Tranche B Loans or Tranche C Loans, as applicable.

• Such, and the Tranche C Loans shall be funded net of original issue discount in the amount set forth in the Amendment No. 3 Fee Letter.

More Definitions of Tranche C Loans

Tranche C Loans means the secured non-revolving term loans in the aggregate principal amount of Cdn.$50,000,000 owing by the Borrower to the Tranche C Lenders under the Tranche C Credit Agreement.

Tranche C Loans in the twelfth line thereof and inserting in its place a comma.

Tranche C Loans collectively, (i) the Loans made under the Tranche C Commitment pursuant to Section 2.3 and (ii) the Assumed Debt.

Tranche C Loans shall have the meanings given such -------------- --------------- terms in Paragraph 3(a) above.

Tranche C Loans shall have the meaning set forth in Section 2.01(c).

Tranche C Loans. (A) initially $_____________ to Alamosa Finance and $_____________ to Alamosa Texas LP and then (B) $_____________ to Alamosa Texas and $__________ to Alamosa Wisconsin.

Tranche C Loans. Defined in Section 2.1(c).