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

• Subject to the terms and conditions of the Indenture, the Beneficiary, on behalf of the Note Issuance Trust, may from time to time issue, or direct the Owner Trustee, on behalf of the Note Issuance Trust, to issue, one or more Series, Classes or Tranches of Notes.

• NOW THIS SUPPLEMENTAL TRUST DEED WITNESSES AND IT IS HEREBY AGREED AND DECLARED as follows: The Series of ETP Securities (the “ETP Securities”) described in the Final Terms set out in the Schedule hereto, including any future Tranches of such Series of ETP Securities described in any Final Terms issued after the date hereof, are constituted by and in accordance with the Master Trust Deed and this Supplemental Trust Deed and secured by each relevant Security Document.

• In the absence of a quorum within one hour of the time appointed for any such meeting, the meeting shall, if convened at the request of Holders of Securities of such series and Tranches, be dissolved.

• Notice of the reconvening of an adjourned meeting shall state expressly the percentage, as provided above, of the principal amount of the Outstanding Securities of such series and Tranches which shall constitute a quorum.

• The vote upon any resolution submitted to any meeting of Holders shall be by written ballots on which shall be subscribed the signatures of the Holders or of their representatives by proxy and the principal amounts and serial numbers of the Outstanding Securities, of the series and Tranches with respect to which the meeting shall have been called, held or represented by them.

More Definitions of Tranches

Tranches means any or all of them;

Tranches means together Tranche A and Tranche B (each a “Tranche”).

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

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

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

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

Tranches means, collectively, the U.S. Tranche, the Euro Tranche and each Supplemental Tranche; and “Tranche” means any of the Tranches.