Tranche Principal definition

Tranche Principal means in relation to any Rate Tranche and any Lender, the amount of such Lender’s Principal allocated by the related Group Agent to such Rate Tranche pursuant to Article II; provided, that at all times the aggregate amounts allocated to all Rate Tranches of all Lenders shall equal the Aggregate Principal; provided, further, that at all times the aggregate amounts allocated to all Rate Tranches in respect of any Lender shall equal the aggregate Principal of such Lender.
Sample 1Sample 2Sample 3
Tranche Principal means in relation to any Rate Tranche and any Lender, the amount of such Xxxxxx’s Principal allocated by the related Group Agent to such Rate Tranche pursuant to Article II; provided, that at all times the aggregate amounts allocated to all Rate Tranches of all Lenders shall equal the Aggregate Principal; provided, further, that at all times the aggregate amounts allocated to all Rate Tranches in respect of any Lender shall equal the aggregate Principal of such Lender.
Sample 1Sample 2
Tranche Principal means in relation to any Rate Tranche and any Lender, the amount of such Xxxxxx’s Principal allocated by the related Group Agent to such Rate Tranche pursuant to Article II; provided, that at all times the aggregate amounts allocated to all Rate Tranches of all Lenders shall equal the Aggregate Principal; provided, further, that at all times the aggregate amounts allocated to all Rate Tranches in respect of any Lender shall equal the aggregate Principal of such Lender. “Transaction Documents” means (i) this Agreement, the Sale Agreement, each Hedge Agreement, the Fee Letters, each Control Agreement, the limited liability company agreement of 751499193.15 22727329 43 the Borrower, the Performance Support Agreement, the Collateral Control Agreement, all amendments, waivers and other modification to any of the above-referenced agreements executed and delivered by any ADT Entity, and (ii) each other agreement designated as a “Transaction Document” by the Administrative Agent, the Borrower and Compass. “Transfer” means a sale or contribution of Receivables and Related Assets by the Originator to the Borrower under the Sale Agreement. “Transfer Date” means the date on which a Transfer occurs under the Sale Agreement. “True Sale” means, with respect to any Receivable, the sale, contribution or transfer of an ownership interest in such Receivable (not the granting of a security interest therein), within the meaning of all applicable Law, including the Bankruptcy Code, which sale or transfer was not made with the intent to hinder, delay or defraud any present or future creditors and is not voidable or subject to avoidance under the Bankruptcy Code. “UCC” means the Uniform Commercial Code as from time to time in effect in the applicable jurisdiction. “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain Affiliates of such credit institutions or investment firms. “UK Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unadjusted Benchmark Replacement” means the applicable Benchmark R...
Sample 1

Examples of Tranche Principal in a sentence

  • The entering into the 2014 Share Charge is a condition precedent to the drawdown of the Second Tranche Principal under the Loan.

  • No Tranche Principal Reimbursements shall be due in respect of any Deliverable Obligation previously Delivered by Buyer to Seller.

  • Principal Amount: USD 50,000,000The “ Initial Nominal Amount” of the Notes is USD 50,000,000 and the “Outstanding Nominal Amount” of the Notes means as at any date, USD 50,000,000 less the aggregate of all Nominal Amount Reductions (as defined in sub-paragraph 13(B) below) and plus the aggregate of all Tranche Principal Reimbursement Amounts effective on or before such date, subject to a minimum of zero.

  • Review procedures need not in themselves have an automatic suspensive effect on the contract award procedures to which they relate.

  • Any Tranche Principal Reimbursement (as defined in the Default Swap Agreement) paid by the Swap Counterparty shall be applied in the purchase of Eligible Securities.