Tranche definition

Tranche means a group of Securities which (a) are of the same series and (b) have identical terms except as to principal amount and/or date of issuance.

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Tranche the collective reference to Eurodollar Loans 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).

Tranche means, in relation to a Series of ETP Securities issued on any date, the ETP Securities that are issued on the same Issue Date with the same Principal Amount.

Examples of Tranche in a sentence

Any references herein to the Date of Issuance, the Exercise Period, or the Exercise Price shall mean the Date of Issuance, the Exercise Period, or the Exercise Price, respectively, that is applicable to the First Tranche Warrants or the Second Tranche Warrants, as the context requires.
Any references herein to the Warrants shall, unless context requires otherwise, be inclusive of both the First Tranche Warrants and the Second Tranche Warrants, whether or not stated.
For avoidance of doubt, Purchaser shall also deliver directly to the Dispute Escrow Account, or cause its transfer agent to register in escrow, the % portion of each Preferred Tranche allocated to the Disputed Funds Escrow under Section 3.1.B of the Company Disclosure Schedule.
Equity securities of Purchaser (the “Escrow Shares”) representing the portion of the Escrow Amount payable in equity, delivered by Purchaser to the Escrow Agent on a contingent basis at each Tranche Issuance Date as set forth in Exhibit B Section 3(b).
Cumulative Withheld Shares across all Tranche Issuance Dates shall not exceed the Maximum Equity Indemnity Amount.

More Definitions of Tranche

Tranche means, in relation to a Series, those Notes of that Series that are issued on the same date at the same issue price and in respect of which the first payment of interest is identical;

Tranche means a contractually established segment of the credit risk associated with an exposure or number of exposures, where a position in the segment entails a risk of credit loss greater than or less than a position of the same amount in each other such segment, without taking account of credit protection provided by third parties directly to the holders of positions in the segment or in other segments;

Tranche means the collective reference to (a) LIBOR Rate Loans whose Interest Periods begin and end on the same day and (b) Alternate Base Rate Loans made on the same day.

Tranche means the respective facility and commitments utilized in making Loans hereunder, with there being three separate Tranches, i.e., Term Loans, Revolving Loans and Swingline Loans.

Tranche means a category of Commitments and extensions of credit thereunder. For purposes hereof, each of the following comprises a separate Tranche: (a) Multicurrency Tranche Commitments, Multicurrency Tranche Revolving Loans and Multicurrency Tranche Letters of Credit, (b) Dollar Tranche Commitments, Dollar Tranche Revolving Loans, Dollar Tranche Letters of Credit and Swingline Loans and (c) Term Loan Commitments and Term Loans.

Tranche means the collective reference to LIBOR Rate Loans whose Interest Periods begin and end on the same day. A Tranche may sometimes be referred to as a “LIBOR Tranche”.

Tranche means Tranche A or Tranche B.