Tranche C Term Facility definition

Tranche C Term Facility as defined in the definition of “Facility”.

Tranche C Term Facility means that certain senior unsecured term loan facility provided by Lenders to the Borrower in an amount of up to Fifty Million and 00/100 Dollars ($50,000,000.00) in accordance with the terms and conditions herein, as such amount may be adjusted pursuant to the terms of this Agreement.

Tranche C Term Facility as defined in the definition of Facility.

Examples of Tranche C Term Facility in a sentence

• Amounts prepaid under the Tranche A Term Facility, the Tranche B Term Facility, the Tranche C Term Facility or the Tranche D Term Facility may not be reborrowed under any circumstances.

• At the Tranche A Term Facility Maturity, the Tranche B Term Facility Maturity, the Tranche C Term Facility Maturity or the Tranche D Term Facility, as applicable, all accrued interest, principal and other charges due with respect to the respective facility shall be due and payable in full and the principal balance and such other charges, including unpaid interest, shall, at the option of the Administrative Agent, continue to bear interest thereafter at the Default Rate until so paid.

• Any Loan or any portion thereof made under the Tranche B Term Facility, the Tranche C Term Facility, or the Tranche D Term Facility may be prepaid in full or in part at any time upon two (2) Business Days prior written notice to the Administrative Agent without premium or penalty with respect to Base Rate Advances and, with respect to LIBO Rate Advances, subject to payment of any applicable Breakage Fee.

• The Borrowers unconditionally promise to repay to the Tranche C Term Lenders all outstanding principal of and accrued and unpaid interest on the Tranche C Term Loans on the Maturity Date for the Tranche C Term Facility.

• Such right may be exercised by the Borrower by written notice to the Administrative Agent, which election shall designate the requested increase in the Total Commitment and to which of the Tranche A Term Facility, Tranche B Term Facility, Tranche C Term Facility and/or Tranche D Term Facility such request is being made.

More Definitions of Tranche C Term Facility

Tranche C Term Facility means the Facility evidenced by the Tranche C Term Commitments.

Tranche C Term Facility means the term loan facilities to be made available by the Tranche C Lenders pursuant to Clause 2.1(a)(iv) (Facilities);

Tranche C Term Facility means, at any time, the aggregate amount of the Tranche C Term Lenders’ Tranche C Term Commitments at such time.”

Tranche C Term Facility the Tranche C Term Commitments and the Tranche C Term Loans made thereunder.

Tranche C Term Facility means on any date, (a) prior to the Tranche C Term Borrowing(s) on the Closing Date, the Tranche C Term Commitments of all Tranche C Term Lenders and (b) thereafter, the Outstanding Amount of Tranche C Term Loans of all Tranche C Term Lenders on such date. On the Closing Date the Tranche C Term Facility is Equal to $270,000,000.

Tranche C Term Facility means the credit facility under this Agreement evidenced by the Tranche C Term Loan Commitments and the Tranche C Term Loans.

Tranche C Term Facility means a U.S. Dollar term loan facility to Dura provided under the Tranche C Term Loan Supplement to this Agreement. Tranche C Term Loan - see Section 2.17 of the Fourth Amendment. Tranche C Term Loan Supplement - see Section 2.17 of the Fourth Amendment."