Euro Tranche definition

Euro Tranche means the revolving credit facility described in Article III.
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Euro Tranche means the aggregate principal amount or face amount of all Loans and Letters of Credit denominated in Euros as committed, loaned or issued, as applicable, to Euro Borrowers.
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Euro Tranche means that €116,000,000 tranche which forms part of the Existing Revolving Credit Loans.
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Examples of Euro Tranche in a sentence

  • The Borrower shall repay to the Administrative Agent, for the benefit of the Euro Tranche Term Lenders, on the Euro Tranche Term Loan Maturity Date, the then-outstanding Euro Tranche Term Loans, in Euro.

  • Each Borrowing of (i) Initial Term Loans, (ii) Delayed Draw Term Loans and (iii) Euro Tranche Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Initial Term Loan Commitments, Delayed Draw Term Loan Commitments and Euro Tranche Term Loan Commitments, respectively.

  • Each prepayment in respect of any Term Loans pursuant to this Section 5.1 shall be (a) applied to the Class or Classes of Term Loans as the Borrower may specify and (b) applied to reduce Initial Term Loan Repayment Amounts, Delayed Draw Repayment Amounts, Euro Tranche Repayment Amounts, any New Term Loan Repayment Amounts, and Extended Term Loan Repayment Amounts, as the case may be, in each case, in such order as the Borrower may specify.

  • Each Euro Tranche Loan shall be made as part of a Borrowing consisting of Euro Tranche Loans made by the Euro Tranche Lenders (or their Affiliates as provided in paragraph (b) below) ratably in accordance with their respective Euro Tranche Commitments.

  • The function of these swaps increases the effective interest rate of the Euro Tranche debt to 2.764%, fixed for the life of the bond.


More Definitions of Euro Tranche

Euro Tranche means the amount of the Loan specified in Section 2.01 (b) of this Agreement.
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Euro Tranche has the meaning given to it in paragraph (a) of Clause 2.1 (Grant of the Facility);
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Euro Tranche means the revolving credit facility described in Article IV.
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Euro Tranche means the tranche in respect of Advances denominated in Euros (or any other Available Currency agreed by the Lender from time to time), described in the Key Terms Schedule.
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Euro Tranche means the tranche described in Article II. 16257277_9
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Euro Tranche means the tranche described in Article II.
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Euro Tranche means, at any time, the Euro Tranche Term Commitments of all the Lenders.
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