Examples of Tranche One Commitment in a sentence

SCHEDULE 2.01 COMMITMENTS Lender Tranche One Commitment Tranche Two Commitment Citibank, N.A. $187,500,000 $187,500,000 Bank of America, N.A. $187,500,000 $187,500,000 Barclays Bank PLC $187,500,000 $187,500,000 BNP Paribas $187,500,000 $187,500,000 Deutsche Bank AG New York Branch $187,500,000 $187,500,000 JPMorgan Chase Bank, N.A. $187,500,000 $187,500,000 Mizuho Bank, Ltd.
Undrawn Commitment (Tranche One) in respect of a Lender at any time, the Tranche One Commitment of that Lender at that time less the Principal Outstanding provided by that Lender under Tranche One at that time.
The Borrower shall have delivered to Agent a Borrowing Request requesting that the entire amount of the Tranche One Commitment be funded on a date that is no less than one Business Day after the date of such Borrowing Request.
Upon the Conversion Effective Date, any portion of the Tranche One Commitment then outstanding shall automatically and immediately convert into a convertible loan subject to the Conversion Provisions, on the terms and conditions applicable to a convertible loan set forth herein, without any further action or the delivery of any Instrument, effective on and as of the Conversion Effective Date.
The obligation of the Lender to advance any portion of the Tranche One Commitment shall terminate on the last day of the Tranche One Commitment Period.

More Definitions of Tranche One Commitment

Tranche One Commitment means, as to each Lender, such Lender’s commitment to provide the Tranche One Loan in the aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on the Commitment Schedule, as the same may be (a) reduced from time to time pursuant to Section 2.1.1(a) and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 10.13. The aggregate amount of the Lenders’ Tranche One Commitments is $10,000,000.

Tranche One Commitment means, with respect to each Tranche One Lender, the commitment of such Tranche One Lender to make Tranche One Revolving Loans pursuant to Section 2.01(a), to accept and purchase B/As pursuant to Section 2.06 and to acquire participations in Tranche One Swingline Loans and Tranche One Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Tranche One Lender’s Tranche One Revolving Credit Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to Section 2.09 or assignments by or to such Tranche One Lender pursuant to Section 11.04. The initial amount of each Tranche One Lender’s Tranche One Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption pursuant to which such Tranche One Lender shall have assumed its Tranche One Commitment, as the case may be. The aggregate amount of the Tranche One Commitments on the Closing Date is US$505,000,000.

Tranche One Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Tranche One Revolving Loans and to acquire participations in Tranche One Yen Loans and/or to acquire participations in Swingline Loans and Letters of Credit hereunder, expressed as an amount representing the maximum aggregate permitted amount of such Lender’s Tranche One Revolving Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, Section 2.18 or Section 2.22, (b) increased from time to time pursuant to Section 2.21 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The amount of each Lender’s Tranche One Commitment as of the Restatement Effective Date is set forth on Schedule 2.01 or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche One Commitment, as applicable.

Tranche One Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Tranche One Revolving Loans, to accept and purchase B/As and to acquire participations in Tranche One Swingline Loans and Tranche One Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Tranche One Revolving Credit Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to Section 2.09 or assignments by or to such Lender pursuant to Section 11.04. The initial amount of each Lender’s Tranche One Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption or the Accession Agreement pursuant to which such Lender shall have assumed or acquired its Tranche One Commitment, as the case may be. The aggregate amount of the Tranche One Commitments on the Restatement Effective Date is US$355,000,000.

Tranche One Commitment means, collectively, the Tranche One Initial Advance Commitment and the Tranche One Post-Approval Commitment.

Tranche One Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make Tranche One Loans pursuant to Section 2.01(a) and to acquire participations in Tranche One Letters of Credit hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Tranche One Credit Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to Section 2.07 or assignments by or to such Lender pursuant to Section 9.05. The initial amount of each Lender’s Tranche One Commitment is set forth on Schedule 2.01, or in the Assignment and Assumption or the Accession Agreement pursuant to which such Lender shall have assumed or acquired its Tranche One Commitment, as the case may be. The aggregate amount of the Tranche One Commitments on the Closing Date is US$[ ].

Tranche One Commitment means, as to the Lender, the Lender’s commitment to provide the Tranche One Loan in the aggregate principal amount of $[ ] pursuant to Section 2.1.1(a).