Tranche E Loans definition

Tranche E Loans or a "Tranche E 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 E Loan was requested), the lesser of:
Tranche E Loans has the meaning assigned to such term in Section 7.02(f) of the respective Loan Agreements.
Tranche E Loans shall have the meanings given such -------------- --------------- terms in Paragraph 5(a) above.

Examples of Tranche E Loans in a sentence

  • Tranche E Loans repaid or prepaid may not be reborrowed hereunder.

  • After maturity, and at any time an Event of Default exists, accrued interest on all Tranche E Loans shall be payable on demand.

  • Each such notice will be effective upon receipt by Administrative Agent, will be irrevocable, and must specify the proposed Closing Date (which date shall be a Business Day prior to the Termination Date), or with respect to the borrowing of Tranche E Loans, the proposed Amendment No. 1 Effective Date, and amount of the requested borrowing.

  • Subject to Section 18.3, each Tranche A-1 Lender, Tranche A-2 Lender, Tranche C Lender, Tranche D Lender and Tranche E Lender shall have a right to convert all or any portion of the Outstanding Obligations due to such Lender into Conversion Payment Shares on the Maturity Date applicable to such Lender’s Tranche A-1 Loans, Tranche A-2 Loans, Tranche C Loans, Tranche D Loans or Tranche E Loans, as applicable (such Maturity Date, a “Maturity Conversion Date”).

  • Amounts borrowed under this Section 2.2(bbbb) (including the Tranche E Loans made pursuant to the Existing Credit Agreement and continued hereunder) and repaid or prepaid may not be reborrowed.

  • The Borrower shall repay the entire outstanding principal amount of, and all accrued but unpaid interest on, (i) the Revolving Loans on the Revolver Maturity Date, (ii) the Tranche B Loans on the Tranche B Maturity Date, (iii) the Tranche C Loans on the Tranche C Maturity Date, (iv) the Tranche D Loans on the Tranche D Maturity Date, and (v) the Tranche E Loans on the Tranche E Maturity Date.

  • Except as otherwise agreed in a Funds Flow Memorandum, after the Administrative Agent’s receipt of the proceeds of the applicable Loans from the Lenders, the Administrative Agent shall make the proceeds of those Loans available to the applicable Borrower on the Closing Date (or with respect to a borrowing of Tranche E Loans, on the Amendment No. 1 Effective Date) by transferring to the applicable Borrower immediately available funds equal to the proceeds received by the Administrative Agent.

  • 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.

  • For the avoidance of doubt, the Tranche B Loans shall be evidenced by the Tranche B Notes, the Tranche C Loans shall be evidenced by the Tranche C Notes, the Tranche D Loans shall be evidenced by the Tranche D Notes and the Tranche E Loans shall be evidenced by the Tranche E Notes.

  • The Tranche E Borrowing shall consist of Tranche E Loans made (or continued hereunder) simultaneously by the Tranche E Lenders in accordance with their respective Commitment Percentage of the Tranche E Facility.


More Definitions of Tranche E Loans

Tranche E Loans shall have the meaning ascribed thereto in Section 2.01(e) hereof.
Tranche E Loans means the term loans outstanding on the Restatement --------------- Date made by the Lenders to the Borrower as set forth on Schedule 2.01 as ------------- "Tranche E Loans". The Tranche E Loans are the "E 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 E Loans is $233,627,589.63.
Tranche E Loans. The Tranche E Loans are the "E 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 E Loans is $233,627,589.63.
Tranche E Loans or a "Tranche E Loan") to the Company in such amounts, at such interest rates and for such terms that are not less than seven (7) and not more than ninety (90) days and not to extend beyond the Maturity Date as such Lender and the Company may agree; provided, however, that in no event will any Lender advance any Tranche E Loan to the Company nor will the Company accept the proceeds of any Tranche E Loan if upon the funding thereof the aggregate amount of Tranche E Loans outstanding would exceed the lesser of: (1) the Aggregate Credit Limit, and (2) the Collateral Value of the Borrowing Base, minus, in each case, the aggregate dollar amount of all Tranche A Loans outstanding, all Tranche B Loans outstanding, all Tranche C Loans outstanding, all Tranche D Loans outstanding (including all Tranche A Loans, Tranche B Loans, Tranche C Loans and Tranche D Loans to be funded on the proposed date of funding of such Tranche E Loan), and all Funding Checks outstanding; provided, however, that in calculating the amount of Loans outstanding under this Paragraph 5(a) at any date, the aggregate amount of Loans outstanding shall not include any Loans which will be repaid with Loans to be advanced on such date in accordance with the terms of this Agreement.
Tranche E Loans under and as defined in Section 7.01(f) of the Credit Agreement in an aggregate principal amount not exceeding $250,000,000 arising pursuant to an amendment to the Credit Agreement consented to by "the Required Lenders" thereunder as provided in said Section 7.01(f), provided that to the extent the percentage of the Lenders that shall have so consented shall not be sufficient alone to constitute the "Required Secured Parties" (as defined in the Restricted Company Guarantee and Security Agreement), then Vendors holding Loans hereunder in a percentage at least equal to the amount necessary for such percentage at least equal to the amount necessary for such "Required Secured Parties" to have so consented shall have first consented to the making of such "Tranche E Loans"; and

Related to Tranche E Loans

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Revolving Facility Loans shall include the Other Revolving Loans.

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

  • Term A Loans has the meaning specified in Section 2.01(b).

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

  • 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.

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

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

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

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • 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).

  • New Revolving Loans as defined in Section 2.25.

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

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

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

  • Term Loan as defined in Section 2.1.

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

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

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).