Tranche 3 Borrowing Date definition

Tranche 3 Borrowing Date means the date on which the Tranche 3 Loans are made pursuant to the terms and conditions hereof.
Sample 1Sample 2Sample 3
Tranche 3 Borrowing Date means the Business Day on which the Tranche 3 Loan hereunder is made, which shall be (x) no sooner than the date on which each of the conditions precedent set forth in Section 6.03 shall have been satisfied and (y) no later than March 31, 2020.
Sample 1Sample 2
Tranche 3 Borrowing Date means the date on which a Tranche 3 Loan is made pursuant to the terms and conditions hereof. “Tranche 3 Loans” has the meaning set forth in the third recital hereto. “Transactions” means the negotiation, preparation, execution, delivery and performance by each Obligor of this Agreement and the other Loan Documents to which such Obligor is (or is intended to be) a party, the making of the Loans hereunder, and all other transactions contemplated pursuant to this Agreement and the other Loan Documents. “Treasury Rate” means, for the purpose of calculating any Make-Whole Amount, the yield to maturity implied by the yield(s) for the most recently issued actively traded on-the-run U.S. Treasury securities as quoted on the display designated as “Page PX1” (or such other display as may replace Page PX1) on Bloomberg Financial Markets as of approximately 5:00 p.m. (New York City time) on the second Business Day immediately preceding the date of any repayment or prepayment that is the subject of such Make-Whole Amount, in respect of that period which is mathematically closest in duration to the actual period over which such determination is to be assessed for the purposes of making a present value calculation. The
Sample 1

Examples of Tranche 3 Borrowing Date in a sentence

  • Areas of Perhutani-owned forest and plantation areas can be seen in the appendix.

  • The obligation of each Lender to make its Tranche 3 Loan on the Tranche 3 Borrowing Date shall be subject to the prior making of the Tranche 1 Loan on the Tranche 1 Borrowing Date, the prior making of the Tranche 2 Loan on the Tranche 2 Borrowing Date, the delivery of a Borrowing Notice as required pursuant to Section 2.02 and the prior or concurrent satisfaction (or waiver thereof by the Agent) of each of the conditions precedent set forth below in this Section 6.03.

  • Each of the following definitions in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: “ Borrowing” means, as the context may require, (i) the borrowing of the Initial Loan on the Closing Date, (ii) the borrowing of theDelayed Draw Loan on the Delayed Draw Date, (iii) the borrowing of the Tranche 3 Loan on the Tranche 3 Borrowing Date, or (iv) the borrowing of the Tranche 4 Loan on the Tranche 4 Borrowing Date.

  • All documents and agreements required to be appended to the Tranche 3 Borrowing Date Certificate, if any, shall be in form and substance reasonably satisfactory to the Administrative Agent, shall have been executed and delivered by the requisite parties, and shall be in full force and effect.

  • The Administrative Agent shall have received evidence satisfactory to it that, both immediately before and after giving effect to the Borrowing on the Tranche 3 Borrowing Date, the Borrower is in compliance with the covenant set forth in Section 10.01.

  • The Borrower shall have paid to the Agent for its account and the account of each Lender, the Undrawn Fees accrued through the Tranche 3 Borrowing Date, and all other fees, reasonable anddocumented out-of-pocket costs and expenses, if any, due and payable pursuant to Section 14.03 (including the Agent’s and the Lenders’ reasonable and documented out-of-pocket legal fees and expenses).

  • Continuing education courses in which the instruction does not take place in a traditional classroom setting, but rather through other media where teacher and student are separated by distance and sometimes by time, may be certified by the Division if the particular distance education method has been approved by the Commission and the Division.

  • The Tranche 3 Borrowing Date shall have occurred on or before June 30, 2023.


More Definitions of Tranche 3 Borrowing Date

Tranche 3 Borrowing Date means the date on which the Tranche 3 Loans are made pursuant to the terms and conditions hereof. “Tranche 3 Borrowing Date Certificate” has the meaning set forth in Section 6.03(c).
Sample 1
Tranche 3 Borrowing Date means the date of the Borrowing of the Tranche 3 Loan hereunder, which shall be no sooner than the date on the conditions precedent set forth in Section 6.03 shall have been satisfied for such Borrowing.
Sample 1
Tranche 3 Borrowing Date means, as the context may require, either (i) the date of the initial Borrowing of Tranche 3 Loans hereunder, which shall be no sooner than the date on which the Amendment No. 1 Effective Date shall have occurred and each of the conditions precedent set forth in Section 6.03 shall have been satisfied for such Borrowing, (ii) the date of the second Borrowing of Tranche 3 Loans hereunder, which shall be after the initial Borrowing of Tranche 3 Loans and no sooner than the date on which each of the conditions precedent set forth in Section 6.03 shall have been satisfied for such Borrowing, or (iii) each of the foregoing dates.
Sample 1

Related to Tranche 3 Borrowing Date

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.