Tranche C Term Loan definition

Tranche C Term Loan as defined in Section 2.1.

Tranche C Term Loan means a Loan made pursuant to clause (c) of Section 2.01.

Tranche C Term Loan means have the meaning provided in Section 1.01(b).

Examples of Tranche C Term Loan in a sentence

• Each prepayment of Tranche C Term Loans pursuant to this Section 4.4(a) made on or prior to May 21, 2017 in connection with a Tranche C Term Loan Repricing Transaction shall be accompanied by the payment of the fee required by Section 4.5(e).

• Xxxxxx Title: Managing Director of Portfolio Administration Name of Fund Manager (if any): Octagon Credit Investors, LLC ☒ CASHLESS ROLLOVER OPTION Each undersigned Existing Tranche B Term Lender hereby irrevocably and unconditionally approves of, and consents to, the Amendment and the exchange (on a cashless basis) of 100% of the outstanding principal amount of the Tranche B Term Loans held by such Lender for a Tranche C Term Loan in a like principal amount.

• Company may make only one borrowing under the Tranche C Term Loan Commitments.

• On the Third Amendment Closing Date (after giving effect to the incurrence of Tranche C Term Loans on such date), the Tranche C Term Loan Commitment of each Lender shall terminate.

• The Company elected to pay interest on the Tranche B Term Loan at LIBOR plus 2.25% for a three-month period and on the Tranche C Term Loan at LIBOR plus 2.75% for a three-month period.

More Definitions of Tranche C Term Loan

Tranche C Term Loan means a Tranche C Term Loan made by a Lender to Company pursuant to Section 2.1.

Tranche C Term Loan means the term loans made by the Lenders to the Parent Borrower pursuant to Section 2.01(a)(iii) of the Existing Credit Agreement or by an Incremental Amendment. Each Tranche C Term Loan shall be either a Eurocurrency Rate Loan or a Base Rate Loan. The aggregate amount of Tranche C Term Loans outstanding on the Restatement Date after giving effect to the Voluntary Prepayment is $670,844,991.90.

Tranche C Term Loan as defined in Section 2.1(e). The aggregate principal amount of the Tranche C Term Loans on the Fourth Amendment Closing Date after giving effect to the incurrence of the Tranche D Term Loans and the application of proceeds thereof shall be $0.

Tranche C Term Loan shall have the meaning provided in Section 1.01(c).

Tranche C Term Loan means an advance made by any Tranche C Lender under the Tranche C Facility.

Tranche C Term Loan means each loan advanced by a Lender pursuant to Section 2.01(c). For purposes of clarification, any calculation of the aggregate outstanding principal amount of the Tranche C Term Loan on any date of determination shall mean the aggregate principal amount of all Tranche C Term Loans made pursuant to Section 2.01(c) that have not yet been repaid as of such date.

Tranche C Term Loan means a Tranche A U.S. Term Loan or an Incremental Term Loan that was converted to a “Tranche C Term Loan” on the Fourth Amendment Effective Date pursuant to the Fourth Amendment.