Tranches definition

Tranches shall have the meaning ascribed to such term in Section 2.1.

Tranches means all Covered Bonds which are identical in all respects (including as to listing), and shall, where the context so requires, be deemed to refer to a Series of N Covered Bonds, provided that for greater certainty, N Covered Bonds are only issueable in Series;

Tranches means Adjusted Base Rate Tranches or Eurodollar Tranches or any combination thereof.

Examples of Tranches in a sentence

• The Indenture Trustee shall consent to such proposed amendment, modification, waiver, supplement, termination or surrender only if the Rating Agency Condition is satisfied and only with the prior written consent of the Holders of a majority of the Outstanding Amount of Securitized Utility Tariff Bonds of the Tranches materially and adversely affected.

• All Securitized Utility Tariff Bonds shall be identical in all respects except for the denominations thereof, unless the Securitized Utility Tariff Bonds are comprised of one or more Tranches, in which case all Securitized Utility Tariff Bonds of the same Tranche shall be identical in all respects except for the denominations thereof.

• Subject to such prior written consent, the Company may request subsequent Tranches based on the Company’s funding needs.

• The Securitized Utility Tariff Bonds shall be designated generally as the Securitized Utility Tariff Bonds, Series [2024-A], and further denominated as Tranches [ ] through [ ].

More Definitions of Tranches

Tranches means any or all of them;

Tranches means Tranche A and Tranche B;

Tranches means collectively the 7-year Tranche and the 10-year Tranche.

Tranches means Tranche 1, Tranche 2 and Tranche 3, and "Tranche" means any of them.

Tranches mean together, Tranche A, Tranche B and Tranche C, and in the singular means any of them;

Tranches means Tranche A and Tranche B and Tranche means either of them.

Tranches means each of the Tranche A Advances, Tranche B Advances and the Tranche C Advances.