Examples of Tranche A Loan Commitments in a sentence
Pursuant to Section 2.3 of the Credit Agreement, the Borrower hereby requests and the Banks hereby agree that upon effectiveness of the Amendment, the Tranche A Loan Commitments of the Banks shall be permanently reduced ratably in the amount of $100,000,000.
In accordance with the terms and conditions of this Agreement, Tranche A Lenders shall extend to the Borrower a loan in the amount up to their respective Tranche A Loan Commitments under Tranche A Facility in proportion to their respective Loan Commitments (an outstanding amount drawn down but not yet repaid is referred to as “Tranche A Loan”).
Notwithstanding anything to the contrary set forth in Section 2.15 of the Credit Agreement or otherwise in the Credit Agreement or in any other Loan Document, all references in such Section 2.15 to a Commitment Increase are hereby deemed amended to mean and refer to, in each instance, an increase in Tranche A Loan Commitments only and shall in no event be deemed to mean or refer to an increase in Tranche A-1 Loan Commitments.
Tranche A Loan Commitments shall terminate automatically on the Tranche A Loan Commitment Termination Date.
As authorized by the Lender, Xxxxxxx Xxxxx Mortgage Capital Inc., as Agent By: /s/ Xxxxxxxx Xxxxx Xxxxx Name: Xxxxxxxx Xxxxx Xxxxx Title: Vice President TO LOAN AGREEMENT Tranche A Loan Commitments Lender Tranche A Loan Commitment Xxxxxxx Xxxxx Mortgage Lending, Inc.
The accrued commitment fee shall be due and payable quarterly in arrears on the first Business Day of each calendar quarter, commencing on the first such date after the Closing Date, and upon the Maturity Date (as stated, by acceleration or otherwise) or earlier termination of the Tranche A Loan Commitments.
Except to the extent otherwise provided, (i) each advance of proceeds of the Tranche A Loans shall be made by the Tranche A Lenders, (ii) each reduction of the amount of the Total Loan Commitment under Section 2.10 shall be applied to the Loan Commitments of the Tranche A Lenders, and (iii) each payment of the commitment fee accruing under Section 2.07(a) shall be made for the account of the Tranche A Lenders, ratably according to the amounts of their respective Tranche A Loan Commitments.
The Lenders holding Tranche A Loan Commitments as specified in SCHEDULE 1.1(a) to the Credit Agreement (attached as Exhibit B hereto) as of the Amendment Effective Date agree to extend the Tranche A Loan Commitment Termination Date for an additional 364 days as specified in SECTION 2.6 of the Credit Agreement.
The aggregate ------------------------------------------- amount of all Lessor Investments shall not exceed the Lessor Investment Commitment and the aggregate amount of all Tranche A Loans and Tranche B Loans shall not exceed the amount of the Aggregate Tranche A Loan Commitments and Aggregate Tranche B Loan Commitments, respectively, or the Aggregate Loan Commitments.
Commitments of a "Tranche" refers to whether such Commitments are Tranche A Loan Commitments or Tranche B Loan Commitments.