Available Tranche A Commitment definition

Available Tranche A Commitment means a Lender's Tranche A Commitment minus:
Available Tranche A Commitment means, in relation to a Project Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche A Commitment” in Schedule 1 (The Project Facility Lenders) less:
Available Tranche A Commitment means, in relation to a Hotel Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche A Commitment” in Schedule 1 (The Hotel Facility Lenders) less:

Examples of Available Tranche A Commitment in a sentence

  • Such commitment fee shall be payable in arrears on the earlier of September 30, 2004 and the date of any Borrowing of Tranche A-1 Term Loans or Tranche A-2 Term Loans pursuant to Section 2.1(a)(iii), and shall be computed for each day during such period at a rate per annum equal to 0.50% on the Available Tranche A Commitment in effect on such day.

  • The Company shall pay to the Project Facility Agent (for the account of each Project Facility Lender) in arrears a commitment fee in US dollars computed at the rate of 1.25% per annum on that Project Facility Lender’s Available Tranche A Commitment and Available Tranche C Commitment for the Project Facility Availability Period.

  • The Company shall pay to the Hotel Facility Agent (for the account of each Hotel Facility Lender) in arrears a commitment fee in US dollars computed at the rate of 1.25% per annum on that Hotel Facility Lender’s Available Tranche A Commitment and Available Tranche C Commitment for the Hotel Facility Availability Period.

  • A Commitment If a Bank's Available Tranche A Commitment is reduced in accordance with the terms hereof after the Agent has received the Notice of Drawdown for a Tranche A Advance and such reduction was not taken into account in the Available Tranche A Facility, then both the Original USD Amount and the amount of that Tranche A Advance shall be reduced accordingly.

  • The commitment fee payable under this paragraph (1) shall be payable in arrear quarterly from the date of this Agreement and on the Commitment Termination Date relating to the Tranche A Term Commitments or any earlier date on which that Lending Bank's Available Tranche A Commitment first equals zero.


More Definitions of Available Tranche A Commitment

Available Tranche A Commitment means an amount equal to the excess, if any, of the Tranche A Term Loan Commitment over the aggregate principal amount of all Tranche A-1 Term Loans and Tranche A-2 Term Loans then outstanding.
Available Tranche A Commitment means, at any time, an amount equal to the remainder, if any, of (a) the lesser of the Tranche A Commitment Amount or the Borrowing Base in effect at such time minus (b) Tranche A Obligations at such time.
Available Tranche A Commitment means, in relation to a Bank at any time and save as otherwise provided herein, its Tranche A Commitment at such time less the aggregate of its share of the Tranche A Advances which are then outstanding provided that such amount shall not be less than zero.
Available Tranche A Commitment as to any Tranche A Lender ------------------------------ at any time, an amount equal to the excess, if any, of (a) such Lender's Tranche A Commitment then in effect over (b) such Lender's Tranche A Extensions of ---- Credit then outstanding.
Available Tranche A Commitment of a Lender means that Lender's Tranche A Commitment minus:
Available Tranche A Commitment means, in relation to a Revolving Credit Facility Lender at any time, its Tranche A Facility Commitment less:
Available Tranche A Commitment means, in relation to a Bank, its Tranche A Commitment less its participation in any outstanding Tranche A Advances;