Tranche A Facility Amount Sample Clauses
The 'Tranche A Facility Amount' clause defines the specific maximum amount of credit or funds available to the borrower under the Tranche A portion of a larger financing arrangement. This clause typically outlines the total sum that can be drawn, the conditions for accessing these funds, and may reference schedules or tables that break down the allocation. By clearly stating the limit and terms for Tranche A, the clause ensures both parties understand the financial boundaries and helps prevent disputes over available credit, thereby providing clarity and structure to the lending arrangement.
Tranche A Facility Amount. The Tranche A Facility Amount shall have a term of five (5) years starting from the First Drawdown Date, including a grace period of 6 months. However, if the Borrower fails to make the First Drawdown within the 3-month period set forth in Subparagraph (1) of Paragraph 4 of Article 2, the Loan Period shall be five (5) years starting from the last day of such 3-month period.
Tranche A Facility Amount. If the actual amount drawn by the Borrower for the Tranche A Facility Amount is less than seventy percent (70%) of the actual available Drawdown amount for the Tranche A Facility Amount upon the expiration of the Drawdown Period, the Borrower shall pay a one-time Commitment Fee based on zero point one percent (0.1%) of the difference between the actual amount drawn by the Borrower and the seventy percent (70%) of the actual available Drawdown amount to the Facility Agent within five (5) Business Days after the expiration of the Drawdown Period, which will be transferred by the Facility Agent to the Lenders pursuant to the Risk Sharing Ratio.
Tranche A Facility Amount. The Borrower may make Drawdown on Tranche A Facility Amount in multiple instances within three (3) months from the First Drawdown Date.
Tranche A Facility Amount. For the Borrower to repay the existing loans granted by financial institutions (including, but not limited to, the balance under the 2011 Syndicated Loan) and to supplement its medium-term working capital. Table of Contents