No Tranche Clause Samples
No Tranche. A Advance, other than a Term-out Advance, may be outstanding after the Tranche A Term Date. No Term-out Advance may be outstanding after the date falling on the third Anniversary.
No Tranche. 2 Notes shall be issued to any person who is not a Qualifying Noteholder and has not served upon the Company an Optional Warrant Conversion Notice (as defined in the Securities Purchase Agreement) in accordance with the provisions of section 5(h)(ii) of the Securities Purchase Agreement.
No Tranche. 2 Letter of Credit shall be issued at the request of any Borrower the Stated Amount upon issuance of which, when added to the aggregate Secured Letter of Credit Exposure pertaining to such Borrower, would exceed the Collateral Value in such Borrower's Custodial Account at such time; 8470562v6 24740.00061
No Tranche. C Advance, other than a Term-out Advance, may be outstanding after the Tranche C Term Date. No Term-out Advance may be outstanding after the date falling six months after the Tranche C Term Date.
No Tranche. A Lender has any obligation to the Borrower to make any loan or advance, or otherwise to provide any credit to or for the benefit of the Borrower where such loan, advance, or credit results in the aggregate outstanding amount of the loans, advances and credit extended by the Tranche A Lenders exceeds the lesser of (i) the aggregate Tranche A Dollar Commitments of all Tranche A Lenders, or (ii) when combined with the outstanding balance of Tranche A-1 Loans, the Tranche A-1 Borrowing Base.
No Tranche. C Utilisation (and no utilisation of any Ancillary Facility) may be made until the Tranche A Advance and the Tranche B Advance have been, or are on the same Utilisation Date being, made.
No Tranche. A Advance shall be made to or issued for the account of a Canadian Borrower.