Tranche D Loans definition

Tranche D Loans or a "Tranche D Loan") to the Companies in amounts not to exceed, in the aggregate at any one time outstanding (determined after giving effect to the other transactions contemplated by the Loan Request pursuant to which said Tranche D Loan was requested), the lesser of:
Tranche D Loans in the eighteenth line thereof the phrase "or Tranche E Loans".
Tranche D Loans means Loans so long as, and to the extent that, they --------------- are secured by 'D' Credit Mortgage Loans, determined in accordance with Section 2.01(d) hereof.

Examples of Tranche D Loans in a sentence

  • Any loans funded in accordance with -114- US-DOCS\150507763.9 Bakersfield Refinery – Senior Credit Agreement |US-DOCS\150507763.15|| the foregoing will be Tranche D Loans for all purposes in accordance with this Agreement.

  • The Parties hereto acknowledge and agree that OIC will make the payment of the Specified Tranche D Loans to the account specified on Schedule B, and notwithstanding such payment, the Parties hereto acknowledge and agree to treat such payments as being made in accordance with the Use of Proceeds for all purposes.


More Definitions of Tranche D Loans

Tranche D Loans shall have the meanings given such -------------- --------------- terms in Paragraph 4(a) above.
Tranche D Loans has the meaning assigned to such term in the Credit Agreement (as amended by Amendment No. 16 to the Credit Agreement). |US-DOCS\149621694.11||
Tranche D Loans. (as such term is defined in the Existing Servicing Credit Agreement) outstanding under the Existing Servicing Credit Agreement on the Effective Date which is attributable to "T&I Advances" (as such term is defined in the Existing Servicing Credit Agreement), the proceeds of the initial Foreclosure Advances will be used to repay that portion of the principal of such Tranche D Loans outstanding under the Existing Servicing Credit Agreement on the Effective Date which is attributable to "Expense Advances" (as such term is defined in the Existing Servicing Credit Agreement), and the proceeds of the initial Investment Loan Advances will be used to repay that portion of the principal of such Tranche D Loans outstanding under the Existing Servicing Credit Agreement on the Effective Date which is attributable to the acquisition or origination of Investment Loans by the Borrower. The proceeds of subsequent Working Capital Advances and Working Capital Swing Line Advances shall be used as follows: (i) P&I Advances shall be used to fund P&I Payments; (ii) T&I Advances shall be used to fund T&I Payments; (iii) Foreclosure Advances shall be used to fund Foreclosure Payments; and (iv) Investment Loan Advances shall be used to finance or refinance the origination or acquisition of Investment Loans.
Tranche D Loans means the term loans outstanding on the Restatement --------------- Date made by the Lenders to the Borrower and set forth on Schedule 2.01 as ------------- "Tranche D Loans". The Tranche D Loans are the "D Tranche Term Loans" as such term is defined in the Existing Credit Agreement. As of the Restatement Date, the aggregate principal balance of the Tranche D Loans is $173,172,397.13.

Related to Tranche D Loans

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche C Lender means each Lender that has a Tranche C Commitment on Schedule 2.1 or any Lender to which a portion of the Tranche C Commitment hereunder has been assigned pursuant to an Assignment and Assumption.

  • Term Loan as defined in Section 2.1.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Term Loans as defined in Section 2.1.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.