Examples of Tranche Selection Notice in a sentence
The representations and warranties of the Borrower contained in Sections 3 and 3A shall be true on and as of such Closing Date or the date of delivery of such Tranche Selection Notice, as applicable, with the same effect as though such representations and warranties had been made on and as of such Closing Date or the date of delivery of such Tranche Selection Notice, as applicable.
There shall exist on such Closing Date or the date of delivery of such Tranche Selection Notice, as applicable, no Default or Event of Default (both before and after giving effect to the Borrowing requested on such Closing Date or the maintenance of the Loan in connection with such Tranche Selection Notice, as applicable).
Northrop Corp., 86 F.R.D. 20, 34 (W.D. Mo. 1979) (classes of 40 or more are generally certified); see 5 James Wm. Moore et al., Moore’s Federal Practice, § 23.22 (3d ed.
The Seller shall, at least three Business Days prior to the expiration of any Tranche Term, provide the Purchaser with a notice requesting a new Tranche Term for application to the related Tranche (a "Tranche Selection Notice").
Such Tranche Selection Notice shall also contain the Tranche Period(s) and Tranche Rate(s) requested by the Transferor as required by, and subject to, the limitations of Sections 2.1 and 2.
The Tranche Selection Notice may be oral, promptly confirmed by Seller in writing, and shall be deemed to be an irrevocable offer by Seller to Purchaser to apply the requested Tranche Term to the related Tranche.
Notwithstanding the foregoing provisions of this Section, the Purchaser, in its reasonable discretion, may select a new Tranche Term if (i) the Seller fails to provide a Tranche Selection Notice on a timely basis or (ii) the Purchaser determines in its reasonable discretion that any Tranche Term requested by the Seller is unavailable or would not yield efficient execution to the Purchaser.
Notwithstanding the foregoing provisions of this Section, Purchaser, in its reasonable discretion, may select a new Tranche Term if (i) Seller fails to provide a Tranche Selection Notice on a timely basis or (ii) Purchaser determines, in its reasonable discretion, that any Tranche Term requested by Seller is unavailable.
The Tranche Selection Notice may be oral, promptly confirmed by the Seller in writing, and shall be deemed to be an irrevocable offer by the Seller to the Purchaser to apply the requested Tranche Term to the related Tranche.
Each Tranche Selection Notice shall be irrevocable and binding on the Transferor, and the Transferor shall indemnify the Company against any loss or expense incurred by the Company as a result of any failure by the Transferor to complete such Transfer including, without limitation, any loss or expense incurred by the Company by reason of the liquidation or reemployment of funds acquired or requested by the Company to fund such Transfer.