Tranche 3 Loan definition

Tranche 3 Loan means the term loan made by the Lenders on the Tranche 3 Borrowing Date in an aggregate principal amount not to exceed $12,500,000.
Sample 1Sample 2
Tranche 3 Loan has the meaning set forth in the first recital hereto.
Sample 1Sample 2Sample 3
Tranche 3 Loan has the meaning set forth in the Exchange Credit Agreement as in effect on the date hereof.
Sample 1Sample 2

Examples of Tranche 3 Loan in a sentence

  • On December 19, 2013 - Sustainable Urban Transport Investment Program Tranche 3 Loan and Project agreements were signed between Georgia and Asian Development Bank.

  • The civil works of 87 km A380 Guzar-Bukhara-Nukus-Beineu highway on section Km 228- Km 315 were started as a part of previous project under Tranche 3 (Loan 3355).

  • The Tranche 3 Loan was payable as interest-only prior to October 31, 2015 and thereafter is payable in monthly installments of principal plus accrued interest until February 22, 2018.

  • On 19 December, 2013 - Sustainable Urban Transport Investment Program Tranche 3 Loan and Project agreements were signed between Georgia and Asian Development Bank.

  • These works for the mentioned road sections were initially financed under Tranche 3 (Loan 3355) of a Multi-tranche Financing Facility (MFF), which was closed in August 2021.

  • To comply with ADB requirements, a draft LARP for Loan 3355 was prepared in October 2014 before project loan approval of Tranche 3 (Loan 3355) of the Second CAREC Corridor 2 Road Investment Program.

  • The draft LARP was prepared in October 2014 (under Tranche 3 Loan 3355).

  • Tranche 3 (Loan # 3404/3408) included the upgrading, rehabilitation and maintenance of four road sections namely; Nipa Munihu Road in Southern Highlands(SHP), Pangia Wiru Loop Road in Southern Highlands(SHP), Gewa Gembogl Road in Simbu and Henganofi Nupuru Road in Eastern Highlands Province.

  • Tranche 3 (Loan 3132) constitutes of 7 subprojects, 3 in Srinagar and 4 in Jammu of which 4 subprojects (1 in Srinagar and 3 in Jammu) have insignificant resettlement impacts.

  • In respect of the Tranche 3 Commitment Amount, the Borrower shall pay to the Agent, for the account of the Lenders in accordance with their respective Proportionate Shares, a fee (the “ Tranche 3 Undrawn Fee” and, together with the Tranche 2 Undrawn Fee, the “Undrawn Fees”) accruing at the per annum rate of one half of one percent (0.50%) on the Tranche 3 Loan Commitment Amount.


More Definitions of Tranche 3 Loan

Tranche 3 Loan means each loan advanced by a Lender pursuant to Section 2.01(a) as part of a Tranche 3 Borrowing.
Sample 1Sample 2
Tranche 3 Loan means any extension of credit by a Lender with respect to Tranche 3 under this Agreement by way of Prime Rate Loan or CDOR Rate Loan.
Sample 1
Tranche 3 Loan means any Borrowing of term loans made by the Lenders pursuant to Section 6.03 hereof on a Tranche 3 Borrowing Date; provided that each individual Borrowing of Tranche 3 Loans made hereunder shall be in a minimum aggregate principal amount of at least $5,000,000 and the aggregate principal amount of all Borrowings of Tranche 3 Loans made hereunder shall not exceed the Tranche 3 Maximum Amount.
Sample 1
Tranche 3 Loan has the meaning specified in Section 2.01(c).
Sample 1
Tranche 3 Loan means a Loan made pursuant to Section 2.01(d).
Sample 1
Tranche 3 Loan means each loan advanced by a Lender pursuant to Section 2.01(a) as part of a Tranche 3 Borrowing. “Transactions” means the execution, delivery and performance by each Obligor of this Agreement and the other Loan Documents to which such Obligor is intended to be a party, and the Borrowings (and the use of the proceeds of the Loans), the consummation of the purchase and sale of the Shares in connection with the exercise of the Share Purchase Option under and in accordance with the Option Agreement and the consummation of the other transactions contemplated by this Agreement and the other Loan Documents. “UCC” means the Uniform Commercial Code in effect in the State of New York; provided, however, that in the event that, by reason of mandatory provisions of Law, any or all of the attachment, perfection, or priority of, or remedies with respect to the Administrative Agent’s Lien on any Collateral is governed by the Uniform Commercial Code in effect in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the provisions thereof relating to such attachment, perfection, priority or remedies, and for purposes of definitions relating to such provisions. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “U.S. Person” means a “United States Person” within the meaning of Section 7701(a)(30) of the Code. “U.S. Tax Compliance Certificate” has the meaning set forth in Section 5.01(e)(ii)(B)(3). 136158242.1 136158242.6 31
Sample 1

Related to Tranche 3 Loan

  • Tranche C Loan has the meaning specified in Section 2.01(c).

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

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

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

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche C Term Loan as defined in Section 2.1.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Note shall have the meaning given to it in Section 2.2 of the Credit Agreement.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • 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 A Maturity Date means June 30, 2006, or if such day is not a Business Day, the next preceding Business Day.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Term Loan A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.