Examples of Tranche C Obligations in a sentence
The First Amendment also provided for the designation of obligations concerning the loss sharing arrangements under the Intercreditor Amendment, which were initially considered Tranche A obligations, as "Tranche C Obligations" and as such, prepetition obligations.
Each of the holders of the Initial Tranche C Obligations agrees, for the benefit of the Banks holding Non-Initial Tranche C Obligations, to take such further action and shall execute and deliver to the Administrative Agent, the Collateral Agent and the Banks such additional documents and instruments (in recordable form, if requested) as the Administrative Agent, the Collateral Agent or the Banks may reasonably request to effectuate the terms of, and the priorities established by, this Section 15.
The Aggregate Commitment with respect -------------------------- to Tranche C Obligations shall expire on the Termination Date.
The Tranche C Lenders hereby agree that, except as otherwise expressly provided herein, the payment of the Tranche C Obligations is hereby subordinated, to the extent and in the manner set forth herein, to the prior indefeasible payment in cash of all Tranche A Obligations and Tranche B Obligations, and the Tranche A Obligations and Tranche B Obligations will have priority over the Tranche C Obligations in all respects and at all times.
The Commitment of each Lender that declines to extend with respect to the Tranche C Obligations or the Tranche D Obligations may, at the option of the Company, be replaced in accordance with Section 12.3 (but only to the extent a replacement ------------ Lender is then available) or the Aggregate Commitment reduced.