Tranche D Loan Amount definition
Tranche D Loan Amount has the meaning set forth in Section 2.1.
Tranche D Loan Amount means an original principal amount equal to One Hundred and Fifty Million Dollars ($150,000,000.00).
Tranche D Loan Amount means an original principal amount requested by Borrower of up to Seventy-Five Million Dollars ($75,000,000.00); provided, however, that if the Tranche B Trigger Date does not occur on or before March 31, 2024, the Tranche B Closing Date does not occur on or before May 15, 2024, the Tranche C Net Sales Trigger does not occur on or before March 31, 2024, the Tranche C Closing Date does not occur on or before May 15, 2024, the Tranche D Net Sales Trigger does not occur on or before March 31, 2025 or Borrower fails to validly request the Tranche D Loan on or before May 15, 2025, then in any such case the Tranche D Loan Amount, from and after such time for purposes of this Agreement, equals zero.
Examples of Tranche D Loan Amount in a sentence
The aggregate amount of Tranche D Loans to be made hereunder shall not exceed Three Hundred Fifty Million Dollars ($350,000,000) (the "Tranche D Loan Amount").
In connection therewith, subject to the terms of the Credit Agreement, each Tranche D Lender severally and not jointly agrees to fund, and make a single loan in immediately available funds to the Borrower on the Increase Effective Date, in an aggregate principal amount equal to its Tranche D Loan Amount.
More Definitions of Tranche D Loan Amount
Tranche D Loan Amount means an original principal amount equal to up to Fifty Million Dollars ($50,000,000.00). “Tranche D Makewhole Amount” means, as of any date of determination occurring prior to the 2nd-year anniversary of the Tranche D Closing Date, an amount equal to the sum of all interest that would have accrued and been payable from such date through the 2nd-year anniversary of the Tranche D Closing Date. “Tranche D Note” means a promissory note in substantially the form attached hereto as Exhibit B-4, as it may be amended, restated, supplemented or otherwise modified from time to time. “Tranche D Prepayment Premium” means, with respect to any prepayment of the Tranche D Loan by Borrower pursuant to Section 2.2(c) or as a result of the acceleration of the maturity of the Term Loans pursuant to Section 8.1(a), an amount equal to the product of the amount of any principal so prepaid, multiplied by: (a) if such prepayment occurs prior to the 3rd-year anniversary of the Tranche D Closing Date, 0.03;
Tranche D Loan Amount means an original principal amount requested by Borrower of up to Fifty Million Dollars ($50,000,000.00); provided, that if the events described in the proviso to the definition of “Tranche D Commitment” occurs, the Tranche D Loan Amount, for purposes of this Agreement, equals zero.
Tranche D Loan Amount means an original principal amount requested by Borrower of not more than Fifty Million Dollars ($50,000,000.00); provided, that if either of the events described clauses (x) or (y) in the proviso to the definition of “Tranche D Commitment” occurs, the Tranche D Loan Amount, for purposes of this Agreement, equals zero.
Tranche D Loan Amount means an original principal amount equal to up to One Hundred Million Dollars ($100,000,000.00). “Tranche D Makewhole Amount” means, as of any date of prepayment of the Tranche D Loan occurring prior to the 3rd-year anniversary of the Tranche D Closing Date, an amount equal to the sum of all interest that would have accrued and been payable from such date of prepayment through the 3rd-year anniversary of the Tranche D Closing Date. For purposes of calculating the Tranche D Makewhole Amount, the date of determination shall be such date of prepayment, using the interest rate as in effect for the Interest Period in which the date of prepayment occurs, provided, that, for purposes of any such prepayment pursuant to Section 2.2(c)(ii), the date of determination shall be the date on which the Change of Control is consummated, using the interest rate as in effect for the Interest Period in which the Change of Control is consummated. “Tranche D Note” means a promissory note in substantially the form attached hereto as Exhibit B-4, as it may be amended, restated, supplemented or otherwise modified from time to time. “Tranche D Prepayment Premium” means, with respect to any prepayment of the Tranche D Loan by Borrower pursuant to Section 2.2(c) or as a result of the acceleration of the maturity of the Term Loans pursuant to Section 8.1(a), an amount equal to the product of the amount of any principal on account of the Tranche D Loan so prepaid, multiplied by: (a) if such prepayment occurs prior to the 3rd-year anniversary of the Tranche D Closing Date, 0.03; (b) if such prepayment occurs on or after the 3rd-year anniversary of the Tranche D Closing Date but prior to the 4th-year anniversary of the Tranche D Closing Date, 0.02; and