Common use of Tranche E Clause in Contracts

Tranche E. The Interest Periods relating to Advances under Tranche E will be of one (1), three (3) or six (6) months duration at the option of the Borrower (or such shorter period as is required in order for the Interest Periods of the Advances under Tranche E to end on the Scheduled First Repayment Date).

Appears in 2 contracts

Sources: Project Financing Facility Agreement, Project Financing Facility Agreement (Mercer International Inc.)