Tranche III Facility Charge definition

Tranche III Facility Charge means 0.50% of the principal amount of any Advance pursuant to Tranche III, which is payable to Lenders in accordance with Section 4.2(e).
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Tranche III Facility Charge means an amount equal to one percent (1.00%) of the Tranche III Term Loans advanced under this Agreement.
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Tranche III Facility Charge means 0.50% of the principal amount of any Advance pursuant to Tranche II, which is payable to Lenders in accordance with Section 4.2(e).
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Examples of Tranche III Facility Charge in a sentence

  • Upon draw by Borrower of any Tranche III Term Loan Advance, Borrower shall pay to Agent the Tranche III Facility Charge.


More Definitions of Tranche III Facility Charge

Tranche III Facility Charge means One Hundred Twenty Five Thousand Dollars ($125,000).
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Tranche III Facility Charge means an amount equal to one percent (1.00%) of the Tranche III Term Loans advanced under this
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Tranche III Facility Charge means Fifty Thousand Dollars ($50,000).
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Related to Tranche III Facility Charge

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

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

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

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

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

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

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

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

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

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Replaced Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • 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.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

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

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

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

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

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

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

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

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Tranche C Term Loan as defined in Section 2.1.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.