Tranche A Sublimit definition

Tranche A Sublimit means (i) with respect to the Tranche B Borrowers, $350,000,000 and (ii) with respect to the other Tranche A Borrowers, the aggregate Tranche A Commitment Amounts.
Sample 1Sample 2Sample 3
Tranche A Sublimit means (i) with respect to BlackRock Floating Rate Income Portfolio, $350,000,000 and (ii) with respect to the other Tranche A Borrowers, the aggregate Tranche A Commitment Amounts.
Sample 1
Tranche A Sublimit means (a) prior to June 1, 2005, $250,000,000 and (b) on and after June 1, 2005, the Maximum Credit less the sum of (i) the outstanding Obligations (as defined in the Greenwich Pre-Petition Loan Agreement), (ii) the outstanding Tranche B Advances, (iii) the outstanding Tranche C Advances, (iv) the outstanding Tranche D Advances and (v) the outstanding Tranche E Advances."
Sample 1

Examples of Tranche A Sublimit in a sentence

  • Any reduction of the Aggregate Commitment shall automatically reduce, at the option of the Borrowers, either the Aggregate Tranche A Sublimit or the Aggregate Tranche B Sublimit (or a combination thereof) as designated by Astec, or in absence of such designation, such reduction shall reduce ratably the Aggregate Tranche A Sublimit and the Aggregate Tranche B Sublimit.

  • Notwithstanding anything to the contrary contained in this Agreement or in any other Loan Document, (a) the Revolving Loan Obligations shall at no time exceed the Aggregate Commitment, (b) Tranche A Loan Obligations shall at no time exceed the Aggregate Tranche A Sublimit and (c) Tranche B Revolving Loans shall at no time exceed the Aggregate Tranche B Sublimit.

  • Course Outcomes:By the end of the course, students should be able toCO1: Understand the principles, standards and key components of IoT.CO2: Understand the protocols and technologies employed at each layer of the stack.

  • All proceeds to be applied to reduce the outstanding Loans and the Aggregate Commitment under Sections 2.4.3(a), (b) and (c) above shall be applied (i) to Tranche A Revolving Loans (and reduction of the Aggregate Tranche A Sublimit) in the case of sales of assets, issuance of debt or issuance of equity by any Credit Party (other than AFS), and (ii) to Tranche B Revolving Loans (and the reduction of Aggregate Tranche B Sublimit) in the case of sales of assets, issuance of debt or issuance of equity by AFS.

  • Any reduction of the Aggregate Tranche A Sublimit or the Aggregate Tranche B Sublimit shall automatically reduce the Aggregate Commitment by the same amount.


More Definitions of Tranche A Sublimit

Tranche A Sublimit. Tranche B Sublimit, Tranche C Sublimit, Tranche D Sublimit, Tranche E Sublimit, Tranche F Sublimit, Tranche G Sublimit, Tranche H Sublimit, Tranche I Sublimit and Tranche J Sublimit” shall mean with respect to each type of Purchased Mortgage Loan, the aggregate amount of Purchase Price at any time outstanding agreed to be made available by Buyer to Seller, as set forth in the Commitment Letter.
Sample 1
Tranche A Sublimit means $90,000,000.00.
Sample 1
Tranche A Sublimit means an amount equal to $250,000,000.
Sample 1

Related to Tranche A Sublimit

  • Swing Line Sublimit means an amount equal to the lesser of (a) $50,000,000 and (b) the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Letter of Credit Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $25,000,000. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

  • Swing Line Commitment means, as to the Swing Line Lender, the commitment of the Swing Line Lender to make Swing Line Advances as set forth on Annex J to the Agreement, which commitment constitutes a subfacility of the Revolving Loan Commitment of the Swing Line Lender.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Aggregate Commitment means the aggregate of the Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Commitment is $300,000,000.