Tranche Percentage definition
Tranche Percentage means in respect of each Tranche, the Tranche Quantity expressed as a percentage of the sum of all the Tranche Quantities at the Supply Point.
Tranche Percentage means, at any time, with respect to any Lender holding any Commitment or Loan under the US Tranche or the European Tranche, such Lender’s US Tranche Percentage or European Tranche Percentage, as applicable, at such time.
Tranche Percentage means, with respect to any Lender, such Lender’s US Tranche Percentage, Canadian Tranche Percentage or UK Tranche Percentage, as applicable.
Examples of Tranche Percentage in a sentence
If the applicable Borrower fails to make such payment when due, the Administrative Agent shall notify each applicable Lender of the applicable LC Disbursement, the payment then due from such Borrower in respect thereof and such Lender’s Global Tranche Percentage or US Tranche Percentage, as applicable, thereof.
More Definitions of Tranche Percentage
Tranche Percentage means a Global Tranche Percentage or a US Tranche Percentage.
Tranche Percentage means a Global Tranche Percentage or a US/UK Tranche Percentage.
Tranche Percentage means a Tranche One Percentage or a Tranche Two Percentage, as the case may be.
Tranche Percentage means, with respect to any Lender and any Tranche, the percentage of the total Commitments of such Tranche represented by such Lender’s Commitment of such Tranche.
Tranche Percentage means (a) with respect to any Revolving Lender holding any Commitment or Loan under the European Tranche or the Canadian Tranche, such Lender’s European Tranche Percentage or Canadian Tranche Percentage, as applicable and (b) with respect to any Tranche C-3 Lender, such Lender’s Tranche C-3 Percentage.
Tranche Percentage means that portion, measured as a percentage, that a Bank’s Currency Commitment in respect of any Tranche bears to the Tranche Commitment for such Tranche as expressly set forth on Schedule 2.1.
Tranche Percentage means, at any time, with respect to any Lender holding any Revolving Commitment or Revolving Loan under the US Tranche or the European Tranche, such Lender’s US Tranche Percentage or European Tranche Percentage, as applicable, at such time.