Tranche F definition

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

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

Tranche F means that part of the Loan made or to be made available to the Borrowers to enable the Borrowers to finance the acquisition of Ship F and for general corporate and working capital purposes in a principal amount not exceeding 58 per cent. of the Fair Market Value of Ship F.

Examples of Tranche F in a sentence

• Tranche F USD Distribution of the USL Fund is capped at 10 bps, while the other Tranches of the USL Fund have fixed expenses.

• Tranche F in the amount of $8.0 million was issued on January 30, 2015 (see Note 9).

• Each Lender severally agrees to make a term loan to Borrower on the Tranche F Closing Date in an original principal amount equal to such Lender’s Tranche F Term Loan Commitment (each, a “ Tranche F Term Loan” and, collectively, the “Tranche F Term Loans”).

• On September 22, 2016, we entered in the 2016 New Term Loan Joinder Agreement by and among the Tranche F Lenders defined therein, NXP B.V. and NXP Funding LLC as Borrowers and Credit Suisse AG as Administrative Agent in connection with the entry into Term Loan F for an aggregate principal amount of $1,440 million On October 27, 2016, NXP entered into a purchase agreement (the “Purchase Agreement”) with Qualcomm River Holdings B.V. (“Buyer”), a wholly- owned, indirect subsidiary of Qualcomm Incorporated.

• The Tranche F Commitments shall terminate on the funding thereof on the Tranche F Funding Date (as defined below).

More Definitions of Tranche F

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

Tranche F means that part of the Loan referred to in Clause 6.2.1, or when the context permits, the amount advanced and for the time being outstanding.

Tranche F means the term loan facility made available to the Borrower as described in paragraph (f) of Clause 2.1.

Tranche F means that part of the Loan to be advanced in one Drawing to the Borrower either concurrently with the Delivery Date of Vessel F or, if the relevant Collateral Owner has already purchased Vessel F from the relevant Seller, to

Tranche F means that part of the Loan made or to be made available to the Borrowers to refinance the Existing Indebtedness relating to Ship F in a principal amount not exceeding $19,500,000.

Tranche F means that part of the Loan made available to the Borrowers to refinance the purchase price of Ship F.

Tranche F means the financing provided to the Issuer by the Purchasers under their Tranche F Commitments.