Tranche A Borrowing definition

Tranche A Borrowing means a Borrowing comprised of Tranche A Loans.
Tranche A Borrowing means a Borrowing consisting of simultaneous Tranche A Advances of the same Type made by each of the Lenders pursuant to Section 2.01(b).
Tranche A Borrowing means a borrowing consisting of simultaneous Tranche A Advances of the same Type made by each of the Tranche A Lenders pursuant to Section 2.01(a).

Examples of Tranche A Borrowing in a sentence

  • Each Tranche A Borrowing shall be in an amount not less than the Revolving Credit Borrowing Minimum or the Revolving Credit Borrowing Multiple in excess thereof and shall consist of Tranche A Advances of the same Type and in the same currency made on the same day by the Tranche A Lenders ratably according to their respective Tranche A Commitments.


More Definitions of Tranche A Borrowing

Tranche A Borrowing means, initially, the borrowing consisting of simultaneous Tranche A Advances by the Tranche A Lenders on the Funding Date. After the Tranche A Advances are outstanding, "Tranche A Borrowing" means a portion of the Tranche A Advances (as to which each Tranche A Lender has a ratable part) that (a) bears interest by reference to the Base Rate or (b) bears interest by reference to the Eurodollar Rate and has a single Interest Period. NYDOCS02/1129553.6
Tranche A Borrowing means a group of Tranche A Loans of a single Type made by the Lenders on a single date and as to which a single Interest Period is in effect.
Tranche A Borrowing is a Borrowing comprised of Tranche A Loans) or by reference to the pricing of the Loans comprising such Borrowing (e.g., a "Euro- Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans).
Tranche A Borrowing means Tranche A Loans of the same Type, made, converted or continued on the same date, and, in the case of Tranche A Loans that are Eurodollar Loans, as to which a single Interest Period is in effect.
Tranche A Borrowing means Tranche A Loans made on the Effective Date by the Tranche A Loan Lenders ratably according to their respective Tranche A Commitments.
Tranche A Borrowing means Tranche A Loans made on the same day by the Lenders ratably according to their respective Tranche A Commitments.
Tranche A Borrowing means, jointly, the first and second Tranche A Borrowing of the Loan by the Lenders in favor of the Co-Borrowers as provided by Section 2.1.2 of this Agreement, for the purposes provided in paragraph (i) of Section 2.1.6 of this Agreement once the Tranche A Borrowing Conditions have been met.