Tranche A Revolving Loans definition

Tranche A Revolving Loans as defined in Section 2.4(a)(i).
Tranche A Revolving Loans has the meaning specified in Section 2.01(a).
Tranche A Revolving Loans to the Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Tranche A Revolving Lender’s other Tranche A Revolving Extensions of Credit then outstanding, does not exceed the amount of such Tranche A Revolving Lender’s Tranche A Revolving Commitment; provided that after giving effect to the making and the use of proceeds thereof, the aggregate Tranche A Revolving Extensions of Credit shall not exceed the Tranche A Availability then in effect.

Examples of Tranche A Revolving Loans in a sentence

  • If there is a new borrowing of Tranche A Revolving Loans on the effective date of any Upsize Incremental Amendment, the Tranche A Revolving Lenders after giving effect to such Incremental Amendment shall make such Tranche A Revolving Loans in accordance with Section 2.1.

  • Each such promissory note shall (i) in the case of Tranche A Revolving Loans, be a Tranche A Revolving Loan Note, (ii) in the case of Tranche B Revolving Loans, be a Tranche B Revolving Loan Note, (iii) in the case of the Bid Loans, be a Bid Loan Note and (iv) in the case of Swing Line Loans, be a Swing Line Note.

  • Until each Tranche A Lender funds its Tranche A Revolving Loans that are Base Rate Loans or risk participation pursuant to this Section 2.20 to refinance such Tranche A Lender’s Revolving Commitment Percentage of any Swing Line Loan, interest in respect of such Revolving Commitment Percentage shall be solely for the account of the Swing Line Lender.

  • All Protective Advances shall be ABR Loans subject to the Applicable Margin applicable to the Tranche A Revolving Loans.

  • The parties hereto agree that upon the satisfaction of the conditions precedent set forth in Section 4.01 of this Agreement, (a) all Tranche A Revolving Loans shall be deemed Revolving Loans, (b) all of the Tranche A-1 Loans and Obligations relating thereto shall have been paid in full and all of the Tranche A-1 Commitments are deemed terminated, and (c) all of the Tranche A Revolving Loan Commitments shall be deemed Commitments.


More Definitions of Tranche A Revolving Loans

Tranche A Revolving Loans has the meaning specified therefor in Section 2.1(a) of the Agreement and includes any Letter of Credit Disbursement, as provided in Section 2.11(d) but shall not include Tranche B Revolving Loans.
Tranche A Revolving Loans is defined in Section 2.1(a)(i).
Tranche A Revolving Loans means the loans now or hereafter made by or on behalf of any Tranche A Lender or by Administrative Agent for the account of any Tranche A Lender on a revolving basis pursuant to the Credit Facility (involving advances, repayments and readvances) as set forth in Section 2.1(a)(i) hereof. Swing Line Loans shall be considered Tranche A Revolving Loans, except as otherwise provided herein.
Tranche A Revolving Loans means the Revolving Loans made by Tranche A Lenders pursuant to Section 2.2.
Tranche A Revolving Loans means the revolving loans made by the Tranche A Revolving Lenders to the Borrowers pursuant to clause (ii) of Section 2.01(a). Each Tranche A Revolving Loan shall be a Eurocurrency Revolving Loan or an ABR Loan.
Tranche A Revolving Loans has the meaning specified in the Existing Loan Agreement.
Tranche A Revolving Loans means Loans made by the Tranche A Lenders pursuant to Section 2.01(a). Each Tranche A Revolving Loan denominated in US Dollars shall be a LIBOR Loan or, solely in the case of a Tranche A Revolving Loan denominated in US Dollars and made to a US Borrowing Subsidiary, an ABR Loan. Each Tranche A Revolving Loan denominated in Sterling shall be a LIBOR Loan. Each Tranche A Revolving Loan denominated in Euros shall be a EURIBOR Loan.