Additional Tranche definition

Additional Tranche means an additional amount of Revolving Loan Commitments equal to $10,000,000 (it being acknowledged that multiple Additional Tranches are permitted pursuant to Section 2.1(c) in minimum amounts of $1,000,000 each, up to, in the aggregate, the amount of the Additional Tranche).

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Additional Tranche means any tranche of commitments established or loans made under this Agreement pursuant to Section 9.02(d).

Additional Tranche has the meaning specified in Section 6.11.2.

Examples of Additional Tranche in a sentence

• Upon activation of an Additional Tranche in accordance with Section 2.01(a) hereof, Borrower shall deliver to Lender an amended and restated Revolving Note evidencing the Activated Facility Commitment.

• After the Closing Date, at the request of ▇▇▇▇▇▇▇▇, and so long as no Default or Event of Default exists and with the prior written consent of Lender in its Permitted Discretion, the Initial Loan Commitment may be increased upon the written request of Borrower (which such request shall be made at least ten (10) Business Days prior to the proposed effective date of such Additional Tranche) to Lender to activate an Additional Tranche.

• Upon funding of each Additional Tranche, Lender shall have fully earned, and Borrower shall have paid to Lender, an additional non-refundable (except as otherwise expressly set forth in the Fee Letter) commitment fee as set forth in the Fee Letter, which shall be deemed non-refundable when paid.

More Definitions of Additional Tranche

Additional Tranche means an additional amount of Revolving Loan Commitments up to $10,000,000.

Additional Tranche in Section 1.1. of the Existing Credit Agreement is hereby amended by deleting “$45,000,000” where it appears therein and replacing it with “$39,750,000”.

Additional Tranche means either or both of the Second Tranche and Third Tranche.

Additional Tranche means an additional amount of Revolving Loan Commitment equal to $2,000,000.

Additional Tranche means additional Term Loans in an aggregate amount equal to $10,000,000, advanced in a single advance in accordance with Section 2.1(c) for purposes of consummating an Acquisition in accordance with the terms of this Agreement.

Additional Tranche means any additional Tranche of Certificates issued pursuant to Condition 22 (Further Issues);

Additional Tranche set forth in Section 1.1 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows: