Examples of Yen Tranche in a sentence
Within the limits of each Revolving Yen Tranche Lender’s Revolving Yen Tranche Commitment, and subject to the other terms and conditions hereof, the Company and the applicable Designated Borrowers may borrow under this subsection 2.1(d), prepay under subsection 4.2, and reborrow under this subsection 2.1(d).
Any such reduction of the Aggregate Revolving Yen Tranche Commitments shall be in an amount equal to ¥50,000,000 or a whole multiple of ¥10,000,000 in excess thereof and shall reduce permanently the Revolving Yen Tranche Commitments then in effect.
The Administrative Agent will promptly notify the Appropriate Lenders of any such notice of termination or reduction of the Aggregate Revolving Credit Commitments, the Aggregate Revolving Euro Tranche Commitments or the Aggregate Revolving Yen Tranche Commitments.
Notwithstanding anything to the contrary contained in this Agreement, the Company may rescind any notice of termination under this subsection 2.3 if such termination would have been made in connection with a refinancing or replacement of all or a portion of the Revolving Credit Loans, Revolving Euro Tranche Loans or Revolving Yen Tranche Loans, as the case may be, which refinancing or replacement shall not be consummated or shall otherwise be delayed.
All fees accrued until the effective date of any termination of the Aggregate Revolving Credit Commitments, the Aggregate Revolving Euro Tranche Commitments or the Aggregate Revolving Yen Tranche Commitments, as the case may be, shall be paid on the effective date of such termination.
Each Borrower under the Revolving Yen Tranche Facility shall pay to the Administrative Agent, for the account of the Revolving Yen Tranche Lenders, on the Termination Date with respect to the Revolving Yen Tranche Facility (or such earlier date on which the Revolving Yen Tranche Loans become due and payable pursuant to Section 9) the then unpaid principal amount of Revolving Yen Tranche Loans made to such Borrower.
After giving effect to all Revolving Yen Tranche Borrowings and all continuations of Revolving Yen Tranche Loans, there shall not be more than six Interest Periods in effect in respect of the Revolving Yen Tranche Facility.
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For purposes of this Section, “Primary Location” means, with respect to the U.S. Tranche, the United States; with respect to the Euro Tranche, The Netherlands; with respect to the Yen Tranche, Japan; and with respect to any Supplemental Tranche, the Supplemental Primary Location.
All Revolving Euro Tranche Loans and Revolving Yen Tranche Loans must be Eurocurrency Loans.