Term Loan Tranche C definition

Term Loan Tranche C means a portion of the original principal amount of the Term Loan equal to Fifty-Eight Million Dollars ($58,000,000) as of the Closing Date, but increasing to Seventy Million Dollars ($70,000,000) upon advance of the Meridian Advance.
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Examples of Term Loan Tranche C in a sentence

  • Confirmation of the Plan will serve as a determination that the First Lien Term Loan Tranche C Claims are allowed in the principal amount of$28.864 million plus accrued prepetition and postpetition interest at the non-default rate.

  • On the Effective Date, the Disbursing Agent shall make Distributions of Cash and Excess Cash, if any, to holders of Allowed First Lien Term Loan Tranche A/B Designated Claims and Allowed First Lien Term Loan Tranche C Claims to the First Lien Term Loan Agent and otherwise in accordance with Section V.A.

  • E8.7.14 Removal of Concrete for New Deck Drains (a) Remove the existing concrete deck for the installation of new deck drains as shown on the Drawings.

  • Prior to the Closing Date, Borrower provided Agent with written notice of the Interest Periods elected by Borrower for Term Loan Tranche A, Term Loan Tranche B, and Term Loan Tranche C.

  • The Partnership ----------------------------------------- Agreement is hereby amended by deleting all references to "Tranche C Term Loan", "Tranche C Term Loans", "Tranche C Lender" and "Tranche C Lenders" and inserting, in lieu thereof, the phrases "Tranche C Term Loan, if any,", "Tranche C Term Loans, if any", "Tranche C Lender, if any" and "Tranche C Lenders, if any" respectively.

  • On or before the date that the Meridian Advance is made, Borrower shall have fixed pursuant to the terms of this Agreement, for a period of not less than five (5) years, not less than Forty-Nine Million Dollars ($49,000,000) of Term Loan Tranche C.

  • The variation was mainly due to the net repayment of $322.9 million under the credit facilities partially offset by an unrealized loss of $38.9 million on foreign exchange translation.On April 4th, 2014, CGI has repaid in advance, without penalty, the May 31st maturing Term Loan Tranche C for a total amount of $486.7 million.

  • Overall, we conclude that the usage of data analytics technology, as a subset of TBATs, can beneficially impact audit effectiveness and efficiency.

  • In compliance Sites for concrete-mixing plants and similar activities will be located at least 300 m away from the nearest noise protection target.

  • Upon and subject to the terms and -------------------- conditions hereof, each Term Lender advanced to Borrower prior to the Closing Date such Term Lender's Percentage of Term Loan Tranche A and Term Loan Tranche B and each Term Lender shall advance to Borrower on the Closing Date such Term Lender's Percentage of Term Loan Tranche C, other than the Meridian Advance.

Related to Term Loan Tranche C

  • Loan Tranche The Series 2006-2 Class A2 Notes will fund the Series 2006-2 AAA (Class A2) Loan Tranche which shall have the following terms:

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

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

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

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

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Existing Revolver Tranche has the meaning set forth in Section 2.16(b).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).