Tranche II Loan definition

Tranche II Loan means the aggregate of the Tranche II NIB Loan, the Tranche II EBRD Loan and the Tranche II EDC Loan.
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Tranche II Loan means a loan made or to be made under Tranche II of the Facility or the principal amount outstanding for the time being of that loan.
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Tranche II Loan means those certain loans in the original aggregate principal amount of $2,500,000, evidenced by a certain Amended and Restated Demand and Secured Promissory Note dated as of October 28, 2021 by and among Maker and the Tranche II Lender, as modified by the note modification agreement and allonge effective as of January 30, 2022 (the “Tranche II Note”).
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Examples of Tranche II Loan in a sentence

  • Each such Promissory Note shall specify whether it evidences a Tranche I Loan or a Tranche II Loan.

  • Borrower will pay to Lender, in lawful money of the United States of America, Interest until the Tranche II Loan is repaid in full on the outstanding principal amount of the Tranche II Loan at a rate per annum equal to the Conversion Date Capitalization Rate.

  • Disbursements of the Tranche II Loan shall be charged and funded under Note B.

  • In addition, if the Tranche II Loan is funded, then the Base Interest Escalator shall equal three percent (3%) effective immediately and shall continue to apply to each of the four (4) years following such increase, with the increase effective on the anniversary of the increase in Base Interest as provided in Section 2.3(e) in lieu of increases on January of each year (after which time no increase will be applicable).

  • The aggregate principal amount of the Tranche II Loan shall not under any circumstances exceed the Tranche II Loan Amount.

  • All Fixed Rate Notes in respect of the Tranche II Loan shall be issued for a term ending on or before the Tranche II Maturity Date.

  • The rest of our entity-set is then generated through a process of bootstrap- ping.

  • The Borrowers' request for a Tranche II Loan shall be deemed to be a representation by the Borrowers that the conditions set forth in Article IV have been satisfied as of the time of the request and that the Borrowers have satisfied the Tranche II Conditions.

  • All Fixed Rate Notes in respect of the Tranche II Loan shall be issued for a term ending on or before the Tranche II Maturity Date.”.

  • The Disbursement of the Tranche I Loan and the first Disbursement of the Tranche II Loan shall be made no later than the first anniversary of the date of this Agreement.


More Definitions of Tranche II Loan

Tranche II Loan means the Loan made pursuant to Section 2.1(c), evidenced by Note B in the principal amount of the Tranche II Loan Amount.
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Tranche II Loan has the meaning given to it in the Recitals.
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Tranche II Loan means an amount of Rs.700,00,00,000 (Rupees Seven Hundred Crores only) being the part of the Rupee Loans to be Disbursed as second tranche.
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Tranche II Loan has the meaning set forth in Section 2.1.
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Tranche II Loan means, on any date, the aggregate of the outstanding unpaid principal amounts of the Tranche II Notes then outstanding.
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Related to Tranche II Loan

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

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

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

  • Incremental Loan has the meaning set forth in Section 2.14(b).

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

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

  • 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 A Advance has the meaning specified in Section 2.01(a).

  • Tranche C Term Loan as defined in Section 2.1.

  • Initial Loan is 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 B has the meaning assigned in Section 2.1(c)(i).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

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

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

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Tranche A has the meaning assigned in Section 2.1(c)(i).

  • Tranche B Term Loan as defined in Section 2.1.

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

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

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • 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.