Notified Tranche definition

Notified Tranche means a Tranche in respect of which the Bank has issued a Disbursement Notice.
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Notified Tranche means a Tranche in respect of which the Bank has issued a Disbursement Notice. ‘‘Payment Date’’ means the annual, semi-annual or quarterly dates specified in the Disbursement Notice until the Interest Revision/Conversion Date, if any, or the Maturity Date, save that, in case any such date is not a Relevant Business Day, it means:
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Notified Tranche means a Tranche in respect of which the Bank has issued a Disbursement Notice. "Obligor" means the Borrower and any Guarantor.
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Examples of Notified Tranche in a sentence

  • However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

  • Upon the written request of the Borrower, the Bank shall defer the disbursement of any Notified Tranche in whole or in part to a date specified by the Borrower being a date falling not later than 6 (six) months from its Scheduled Disbursement Date and not later than 60 days prior to the first repayment date of the Tranche indicated in the Disbursement Notice.

  • However, the notice shall have no effect on a Notified Tranche whose Scheduled Disbursement Date falls within five (5) Luxembourg Business Days following the date of the notice.

  • If the Bank cancels a Notified Tranche upon an event mentioned in Article 10.01, the Borrower shall indemnify the Bank under Article 10.03A or 10.03B.

  • If the Bank suspends a Notified Tranche, whether upon an Indemnifiable Prepayment Event or an Event of Default or upon the occurrence of a Material Adverse Change, the Borrower shall pay to the Bank the Deferment Indemnity calculated on the amount of disbursement suspended for the period of deferral.

  • At any time after the deadline for the Borrower to submit a Disbursement Request under Article 1.02B, the Bank may by notice to the Borrower, and without liability arising on the part of either party, cancel any part of the Credit other than a Notified Tranche.

  • However, the notice shall have no effect in respect of (i) a Notified Tranche which has a Scheduled Disbursement Date falling within 5 (five) Business Days of the date of the notice, or (ii) a Tranche in respect of which a Disbursement Request has been submitted but no Disbursement Notice has been issued.

  • In practice, each legislative instrument specifies the scope of the implementing powers granted to the Commission and how the Commission is to use them.

  • If the disbursement of any Notified Tranche (as defined below in this Article 1.05B) is deferred, whether on request of the Borrower or by reason of non-fulfilment of the conditions of disbursement, the Borrower shall, upon demand by the Bank, pay an indemnity on the amount of which disbursement is deferred.

  • If the Borrower cancels any part of the Credit other than a Notified Tranche, no indemnity is payable.


More Definitions of Notified Tranche

Notified Tranche means a Tranche in respect of which the Bank has issued a Disbursement Notice. «Payment Date» means the annual, semi-annual or quarterly dates specified in the Disbursement Notice until the Interest Revision/Conversion Date, if any, or the Maturity Date, save that, in case any such date is not a Relevant Business Day, it means: »Referentno razdoblje promjenjive kamatne stope« znači svako razdoblje od jednog datuma uplate do sljedećeg relevantnog datuma uplate, a prvo referentno razdoblje promjenjive ka- matne stope započinje na datum isplate tranše. »Tranša s promjenjivom kamatnom stopom« znači tranša isplaćena na temelju promjenjive kamatne stope. »Okvirni sporazum« ima značenje iz Uvodne napomene (4). »Događaj prijevremene isplate podložne naknadi« znači događaj prijevremene isplate na temelju članka 4.03A, osim stavaka 4.03A(1) i 4.03A(2). »Konverzija/revizija xxxxxx« znači određivanje novih xxxxx- cijskih uvjeta ovisno o kamatnoj stopi, posebice istoj osnovi kamatne stope (»revizija«) ili različitoj osnovi kamatne stope (»konverzija«) koja se može ponuditi za preostali rok otplate tranše ili do sljedećeg datuma revizije/konverzije xxxxxx, ako je potrebno. »Datum revizije/konverzije xxxxxx« znači datum, koji je da- tum uplate, a odredila ga xx Xxxxx na temelju članka 1.02B u obavijesti o isplati ili na temelju članka 3. i Priloga D. »Prijedlog za reviziju/konverziju xxxxxx« znači prijedlog Ban- ke, na temelju Priloga D, za iznos koji, na predloženi datum revizije/konverzije xxxxxx, nije manji od 10.000.000 EUR (de- set milijuna xxxx) ili od protuvrijednosti tog iznosa. »Zahtjev za reviziju/konverziju xxxxxx« znači pisana obavijest Zajmoprimca, dostavljena najmanje 75 (sedamdeset i pet) xxxx prije datuma revizije/konverzije xxxxxx, u kojoj se xx Xxxxx zahtijeva da mu dostavi prijedlog za reviziju/konver- ziju xxxxxx. Zahtjev za reviziju/konverziju xxxxxx također navodi:
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Related to Notified Tranche

  • Extended Tranche has the meaning specified in Section 2.19(a).

  • Available Unused Commitment means, with respect to a Revolving Facility Lender under any Class of Revolving Facility Commitments at any time, an amount equal to the Dollar Equivalent of the amount by which (a) the applicable Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the applicable Revolving Facility Credit Exposure of such Revolving Facility Lender at such time.

  • Terminating Tranche has the meaning set forth in Section 4.3(b).

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Single Tranche means the amount of the Financing allocated to the category entitled “Single Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Eurodollar Rate Reserve Percentage for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Advances is determined) having a term equal to such Interest Period.

  • Eurodollar Period means, as to each Eurodollar Rate Loan, the period commencing on the date specified by Borrower pursuant to Section 2.1(c) and ending 1, 2, 3 or, if available, 6 months (or, with the written consent of all of the Lenders, any other period) thereafter, as specified by Borrower in the applicable Request for Loan; provided that:

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Available Commitment means a Lender’s Commitment minus:

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Eurocurrency Tranche the collective reference to Eurocurrency Loans under a particular Facility the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).