Available Tranche D Commitment definition

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

Examples of Available Tranche D Commitment in a sentence

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

  • In determining the amount of the Available Bond Facility for the purposes of this Agreement, the Lender’s Available Tranche D Commitment will be calculated ignoring any cash cover provided for outstanding Bonds.


More Definitions of Available Tranche D Commitment

Available Tranche D Commitment means, in relation to a Revolving Credit Facility Lender at any time, the amount set out opposite its name under the column entitled “Tranche D Commitment” in Schedule 1 (The Revolving Credit Facility Lenders) less:
Available Tranche D Commitment of a Lender means that Lender’s Tranche D Commitment minus: 7