Tranche E Loan definition

Tranche E Loan has the meaning specified in Section 2.1(e).

Tranche E Loan means the loan made to the Borrower under Tranche E and the principal amount outstanding for the time being of that loan.

Tranche E Loan means an extension of credit in Dollars made by a Tranche E Lender to Ultimate Holdings pursuant to this Agreement.

Examples of Tranche E Loan in a sentence

• All Tranche E Loans shall bear interest at the ------------- Applicable Corporate Rate, unless the Companies elect to have a Tranche E Loan bear interest at (i) the Applicable Eurodollar Rate as permitted herein or (ii) an interest rate established pursuant to Paragraph 7(u) below.

• Approximately $1.8 million of the net proceeds were used to make payments to Siemens under the credit facility, including 50% against the Tranche D Loan and 50% against the Tranche E Loan.

• The Company and the Lenders acknowledge and agree that any Lender may utilized Buy-Down Deposits to the extent such Buy-Down Deposits do not support Tranche B Loans or Tranche C Loans, in determining such Lender's Tranche E Loan Rate.

• Each such notice (a “Notice of Borrowing”) shall be substantially in the form of Exhibit B, specifying therein (i) the proposed date for the making of such Loan, (ii) the amount of Loans constituting the Tranche B Loan, the Tranche C Loan, the Tranche D Loan or the Tranche E Loan, and (iii) that the Borrower has complied with the applicable terms and conditions of this Section 2.02 and Article III.

• Upon the payment or prepayment in full of the Tranche E Loan in accordance with Section 2.5 and provided no Event of Default or Incipient Default then exists and is continuing, FINOVA shall release its Security Interests in the Tranche E Collateral.

More Definitions of Tranche E Loan

Tranche E Loan or “Tranche E Term Loan” means an advance made by any Tranche E Lender under the Tranche E Facility (including such advances made under the Existing Credit Agreement and continued under this Agreement).

Tranche E Loan and "Tranche E Loans" shall have the meanings given such -------------- --------------- terms in Paragraph 5(a) above.

Tranche E Loan the loan to be made by FINOVA to Borrower in the maximum aggregate amount of $7,000,000 pursuant to Section 2.5.

Tranche E Loan has the meaning assigned to such term in Section 7.01(f).

Tranche E Loan shall have the meaning given such term in Paragraph -------------- 5(a) above.

Tranche E Loan means an Advance in the principal amount not exceeding $14,000,000 made or to be made available to Bulk Independence to finance the acquisition of BULK INDEPENDENCE or as the context may require, an Advance in the principal amount from time to time outstanding under this Agreement in respect of such tranche;

Tranche E Loan means (i) a loan made to AACI or AAG pursuant to the terms of the Chemical Agreement, the proceeds of which shall be used to fund the reimbursement obligation of AACI or AAG in connection with the Letter of Credit and (ii) any refinancing, refunding or replacement thereof provided that such refinancing, refunding or replacement does not change the maturity date of the Tranche E Loan or increase the then outstanding principal amount of the Tranche E Loan or increase the interest rate thereon or otherwise conflict with Section 17(d).