Tranche A Term Loan Availability Period definition

Tranche A Term Loan Availability Period means the period from and including the Effective Date to the date falling six months after the Effective Date; provided that if there is no day corresponding to such date in the sixth month following the month in which the Effective Date falls, the last day of the Tranche A Term Loan Availability Period shall be the last day of such sixth month.
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Tranche A Term Loan Availability Period means the period commencing on the date that Borrower provides Bank evidence satisfactory to Bank, in its reasonable discretion, that Borrower has a Tangible Net Worth of not less than Nine Million Dollars ($9,000,000) for the quarterly period ending March 31, 2010 and terminating on the earlier to occur of (x) the occurrence of an Event of Default and (y) September 30, 2010.
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Tranche A Term Loan Availability Period means the period from and including the Closing Date to and including September 30, 1996.
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Examples of Tranche A Term Loan Availability Period in a sentence

  • If the initial aggregate amount of the Term Loan Commitments of either Class exceeds the aggregate principal amount of Term Loans of such Class that are made on the Effective Date (in the case of Tranche B Term Loans) or that are made during the Tranche A Term Loan Availability Period (in the case of the Tranche A Term Loans), then the scheduled repayments of Borrowings of such Class to be made pursuant to this Section shall be reduced ratably by an aggregate amount equal to such excess.

  • The Tranche A Term Loan will be available only during the Tranche A Term Loan Availability Period.

  • Subject to the terms and conditions set forth herein, each Tranche A Term Lender agrees to make one or more Tranche A Term Loans to the Borrower on the Acquisition Date (but in no event after the termination of the Tranche A Term Loan Availability Period) in Dollars, in a principal amount not exceeding its Tranche A Term Loan Commitment.

  • In addition, on the last day of the 2018 Delayed Draw Tranche A Term Loan Availability Period (after giving effect to any incurrence of 2018 Delayed Draw Tranche A Term Loans on such day), the 2018 Delayed Draw Tranche A Term Commitments of each 2018 Delayed Draw Tranche A Term Lender shall terminate (to the extent not theretofore terminated).

  • Subject to the terms and conditions set forth herein, each Tranche A Term Loan Lender agrees to make Tranche A Term Loans to the Borrower from time to time during the Tranche A Term Loan Availability Period in an aggregate principal amount that will not result in such Lender's Tranche A Term Loans exceeding such Lender's Tranche A Term Loan Commitment, provided that no Tranche A Term Loans shall be made hereunder unless the Tranche B Term Loan Commitments are borrowed in full on the Effective Date.

  • Unless previously terminated, (i) the Revolving Credit Commitments shall terminate at the close of business on the Revolving Credit Maturity Date, (ii) the Tranche A Term Loan Commitments shall terminate at the close of business on the last day of the Tranche A Term Loan Availability Period and (iii) the Tranche B Term Loan Commitments shall terminate after the Borrowing of Tranche B Term Loans on the Effective Date.

  • The Tranche A Term Loan Commitments (x) shall be reduced to $10,000,000 on the Closing Date (after the making of the Tranche A Term Loans provided for in Section 2.01(i)) and (y) shall terminate on the last day of the Tranche A Term Loan Availability Period; provided, that if the Closing Date shall not have occurred by November 15, 1995, the Tranche A Term Loan Commitments shall terminate on such date.


More Definitions of Tranche A Term Loan Availability Period

Tranche A Term Loan Availability Period means the period from and including the Restatement Effective Date to the earliest of (a) the Maturity Date for the Tranche A Term Facility and(b) the date of termination of the Tranche A Term Loan Commitments pursuant to Section 2.06 , and (c) the date of termination of the commitment of each Tranche A Term Lender to make Tranche A Term Loans pursuant to Section 8.02 .
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Tranche A Term Loan Availability Period means the period from and including the Restatement Date to and including December 15, 2000.
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Tranche A Term Loan Availability Period means the period from and including the Effective Date to and including the earlier of the date 180 days after the Effective Date (or, if such date is not a Business Day, the next preceding Business Day) and the date of termination of the Tranche A Term Loan Commitments. CREDIT AGREEMENT 33 - 27 -
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Tranche A Term Loan Availability Period means the period from and including the Restatement Effective Date to the earliest of (a) the Maturity Date for the Tranche A Term Facility and (b) the date of termination of the Tranche A Term Loan Commitments pursuant to Section 2.06, and (c) the date of termination of the commitment of each Tranche A Term Lender to make Tranche A Term Loans pursuant to Section 8.02.
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Related to Tranche A Term Loan Availability Period

  • Term Loan Availability Period means the period starting on the Effective Date and ending on the End Date.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche A Term Loan as defined in Section 2.1.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Availability Period means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date of termination of the Commitments.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • 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.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Revolving Availability means, at the time of determination, (a) the sum of all Revolving Commitments at such time less (b) the sum of (i) the principal amount of Revolving Loans and Swing Loans made and outstanding at such time and (ii) the LC Outstandings at such time.