Tranche A Credit Facility definition
Examples of Tranche A Credit Facility in a sentence
The Tranche A Credit Facility shall have been fully disbursed or the unutilized Tranche A Commitment shall have been reallocated to the Tranche B Credit Facility.
If the aggregate outstanding balance of the Indebtedness allocated to the Tranche "A" Credit Facility is or becomes more than the Tranche "A" Credit Facility Availability, then in that event, the amount of the balance in excess of the Tranche "A" Credit Facility Availability shall be allocated to the Tranche "B" Credit Facility hereunder.
Each Tranche A Lender severally, and not jointly and severally, agrees on the terms and conditions of this Agreement and in accordance with the applicable Borrowing Notice, to make Advances to the Borrower under the Tranche A Credit Facility on the Closing Date as provided in Section 2.02(3).
No Event of Default or condition, omission or act which, with the passage of time, notice or both, would constitute an Event of Default, has occurred under the Loan Agreement as amended to date, the Tranche A Credit Facility, the Tranche B Credit Facility, the Inventory Loan, the H▇▇▇▇▇ Facility, the Sovereign Facility, DZ Facility, Bond Holder Exchange Facility or any other indebtedness of Borrower.
At the time any such resignation or replacement shall become effective, the Borrower shall pay all unpaid fees in respect of the Tranche A Credit Facility accrued for the account of the replaced Issuing Bank pursuant to Section 2.13(b).