Tranche A definition

Tranche A has the meaning assigned in Section 2.1(c)(i).

Tranche A is defined in Section 2.1.1(a).

Tranche A means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche A Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche A” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche A Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

Examples of Tranche A in a sentence

• The New International Notes will be divided into two tranches, which will correspond to the Tranche A International Notes and the Tranche B International Notes, maintaining the special characteristics of the Tranche A International Notes described above.

• The New International Notes are denominated and payable in U.S. dollars of the United States of America (“Dollars”).Once the International Notes have been exchanged for the New International Notes, the Company must obtain CUSIP and ISIN numbers for the New International Notes (separately for the New International Notes Tranche A and the New International Notes Tranche B).

• The New International Notes will be issued and delivered, in exchange for the International Notes, to the Noteholders, with New International Tranche A Notes being delivered to the Tranche A International Noteholders and New Tranche B International Notes to the Tranche B International Noteholders.

More Definitions of Tranche A

Tranche A has the meaning specified in Section 2.1.

Tranche A means the aggregate of the Tranche A Commitments.

Tranche A means the amount of up to USD25,00,000, being the aggregate of all of the Advances to be made available by the Lender to the Borrowers to assist Sifnos in its acquisition of Vessel A or, as the context requires, the amount thereof outstanding from time to time;

Tranche A means, at any time, all Tranche A Collateral Loans at such time.

Tranche A means that part of the Loan made or to be made available to the Borrowers to finance up to the lower of (i) 60 per cent. of the Fair Market Value of Ship A or (ii) 65 per cent. of the Contract Price of Ship A.

Tranche A means that part of the Loan made or to be made available to the Borrower A to finance part of the Purchase Price of Ship A in a principal of US$16,200,000 (representing 80 per cent. of that Purchase Price).

Tranche A means an amount of up to $60,000,000 to be made available by the Lenders to the Borrower in up to two Advances pursuant to the terms of this Agreement and which shall (inter alia) by used to pay a dividend to Capital Maritime & Trading Corp. or, as the context may require, the aggregate principal amount thereof outstanding at the relevant time under this Agreement;