Examples of Tranche E Loan in a sentence
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.
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.
Borrower may not prepay the Principal Balance of any Advance of the Tranche E Loan at any time during the first two Tranche E Loan Years applicable to such Advance.
Nextel acknowledges that, so long as any amount of Tranche E Loans are outstanding or any Tranche E Loan Commitment remains in effect, any proceeds from i) and ii) will not be used to repay Loans under the Credit Agreement.
The proceeds of each Advance of the Tranche E Loan shall be used (i) to pay the Loan Fee payable upon the disbursement of such Advance and (ii) for the acquisition and development of one or more Expansion Stores.