Tranche A Facility definition

Tranche A Facility means the aggregate of the Tranche A Commitments.
Tranche A Facility means, at any time, the aggregate amount of the Tranche A Lenders’ Tranche A Revolving Credit Commitments at such time.
Tranche A Facility means the Tranche A Revolver Commitments of the Tranche A Revolving Lenders and the Loans and Letter of Credit Disbursements pursuant to those Commitments in accordance with the terms hereof.

Examples of Tranche A Facility in a sentence

  • For (i) each subsequent Utilization after the Initial Utilization Date in respect of the Tranche A Facility and (ii) each Utilization of the Tranche B Facility Commitment, the Borrower may deliver a Utilization Request after the Lender has received the document proof listed in item 5 of Schedule 1 (Conditions Precedent) for that Utilization.

  • Subject to the terms of this Agreement, the Lender makes available to the Borrower during the Availability Period the Tranche A Facility in United States Dollars in an amount equal to the Tranche A Facility Commitment.

  • For the first Utilization of the Tranche A Facility Commitment, the Borrower may deliver the Utilization Request after (i) the Lender has received all of the documents or evidence listed in items 1, 3, 4, and 5 of Schedule 1 (Conditions Precedent) and (ii) the Borrower has received all of the documents or evidence listed in item 2 of Schedule 1 (Conditions Precedent).


More Definitions of Tranche A Facility

Tranche A Facility means the US dollar term loan facility granted to the Company under Clause 3.1.1 (Grant of the Hotel Base Debt Facilities).
Tranche A Facility means at any time, (a) on or prior to the Effective Date, the aggregate amount of the Tranche A Commitments at such time and (b) thereafter, the aggregate principal amount of the Tranche A Loans of all Tranche A Lenders outstanding at such time.
Tranche A Facility means the Tranche A Term Loan Commitments and the Tranche A Term Loans made hereunder.
Tranche A Facility means the US dollar term loan facility granted to the Company under Clause 3.1.1 (Tranche A Facility).
Tranche A Facility means the term loan facility made available under this Agreement as described in Clause 2.1(a) (The Facilities).
Tranche A Facility means that revolving credit facility extended by ------------------ the Lenders to the Companies pursuant to Section 1 hereof.