Tranche C Participant definition

Tranche C Participant means, at any time, any Participant having an Outstanding Tranche C Participation Amount at such time.
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Tranche C Participant means, at any time, any Participant having an Outstanding Tranche C Participation Amount at such time. "Tranche C Percentage" shall mean (a) with respect to each Participant at any time prior to the Commitment Termination Date, the percentage set forth under the caption "Tranche C Percentage" opposite such Participant's name in Part A(1) of Schedule I and (b) with respect to each Participant at any time on or after the Commitment Termination Date, the percentage set forth under the caption "Tranche C Percentage" opposite such Participant's name in Part A(2) of Schedule I; or in the case of either such percentage, if changed, such percentage as may be set forth for such Participant in the Register. "Tranche C Portion" shall mean, (a) with respect to any Advance without reference to any Participant, the portion of such Advance equal to the Tranche C Proportionate Share of such Advance and (b) with respect to any Advance with reference to any Participant, the portion of such Advance equal to such Participant's Tranche C Percentage of such Advance. "Tranche C Proportionate Share" shall mean, at all times (whether before, on or after the Commitment Termination Date), three and one- tenth percent (3.1%). "Trustee" shall have the meaning given to that term in the introductory paragraph of the Lease Agreement. "Two-Year Commitment" shall have the meaning given to that term in Subparagraph 2.01(b) of the Participation Agreement. "Unused" shall mean (a) with respect to the 364-Day Commitment at any time, the remainder of (i) the 364-Day Commitment at such time minus (ii) the aggregate amount of all Advances made prior to such time and allocated to the 364-Day Commitment; (b) with respect to the Two-Year Commitment at any time, the remainder of (i) the Two-Year Commitment at such time minus (ii) the aggregate amount of all Advances made prior to such time and allocated to the Two-Year Commitment; and (b) with respect to the Total Commitment at any time, the remainder of (i) the Total Commitment at such time minus (b) the aggregate amount of all Advances made prior to such time.
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Tranche C Participant means the Person named as a Tranche C Participant on Schedule I to the Participation Agreement.
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Examples of Tranche C Participant in a sentence

  • Notwithstanding anything to the contrary in the immediately preceding sentence, each Tranche A Participant, each Tranche B Participant, each Tranche C Participant and each Tranche D Participant shall be entitled to the benefit of Section 2.11; provided that no other participant shall be entitled to such benefits.

  • Each of the Issuer and the Guarantor agrees that references in Section 8.06 to "Affected Purchaser" shall refer only to the Tranche A Participant, the Tranche B Participant, the Tranche C Participant or the Tranche D Participant (or, to the extent that a portion of any Note that has not been participated, the Initial Purchaser) actually so affected in the relevant respect.

  • Notwithstanding anything herein in the contrary, proceeds of the Cash Collateral shall be applied in the following order of priority: first, among the Tranche B Participants, pro rata, to pay in full the Tranche B Participant Balances of such Tranche B Participants; and second, among the Tranche C Participants, pro rata, to pay in full the Tranche C Participant Balances of such Tranche C Participants.

  • Notwithstanding anything to the contrary in the immediately preceding sentence, each Tranche B Participant, each Tranche C Participant, each Tranche D Participant, each Tranche E Participant and each Tranche F Participant shall be entitled to the benefit of Section 2.11; provided that no other participant shall be entitled to such benefits.

Related to Tranche C Participant

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • Principal Participant means any of the following entities:

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Major Participant means each Equity Member and each member of the Proposer’s organization: (a) with primary responsibility for design; (b) with primary responsibility for construction; or (c) with a proposed subcontract with a value greater than or equal to 5% of the contract price or $20 million, whichever is greater.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Other Participant means a cooperative project participant other than the United States.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Participant has the meaning specified in Section 10.06(d).

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Study Participant means a person recruited to participate in the Study.

  • Canadian Participant means any Participant who is not a U.S. Participant and who is a Canadian resident for tax purposes.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Eligible Authorised Participant means any entity that meets the requirements of the LS Operating Procedures Agreement.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Key participant means a sole proprietor, a partner in partnership, or a person with executive managerial control in a corporation. A person with executive managerial control includes persons such as a chief executive officer, chief operating officer and chief financial officer. This definition does not include non-executive managers such as farm, field, or shift managers.