Tranche A Term Loan Borrowing definition

Tranche A Term Loan Borrowing means the Borrowing hereunder consisting of Tranche A Term Loans made to the Borrower on the Closing Date by the Lenders ratably according to their respective Tranche A Term Loan Commitment Percentages and in the case of Eurodollar Loans, having the same Interest Periods, provided that any Base Rate Loans incurred pursuant to Section 4.02 shall be considered as part of the related Tranche A Term Loan Borrowing of Eurodollar Loans.
Sample 1Sample 2
Tranche A Term Loan Borrowing means the borrowing of Tranche A Term Loans from all the Tranche A Term Lenders (other than any Tranche A Term Lender which has not funded its share of a Tranche A Term Loan Borrowing in accordance with this Agreement) having Tranche A Term Loan Commitments on a given date.
Sample 1Sample 2
Tranche A Term Loan Borrowing means a Borrowing comprised of Tranche A Term Loans and identified as such in the Notice of Borrowing with respect thereto.
Sample 1

Examples of Tranche A Term Loan Borrowing in a sentence

  • Each prepayment of a Revolving Borrowing shall be applied ratably to the Revolving Loans included in the prepaid Revolving Borrowing, and each voluntary prepayment of a Tranche A Term Loan Borrowing shall be applied ratably to the Tranche A Term Loans included in the prepaid Tranche A Term Loan Borrowing in such order of application as directed by the Company.

  • THE BORROWING NOTICE SHALL INDICATE THE AMOUNT OF THE TRANCHE A TERM Loan the Borrower elects to borrow on the proposed Tranche A Term Loan Borrowing Date.

  • Jenkins, 514 U.S. 291, 299 (1995).Nonetheless, Defendants contend that under our recent decision in Ho v.

  • The findings of this study would help wine label designers and wine marketer practitioners to draw their attentions and awareness onto the vital elements a consumer would look at.

  • All Borrowings of Tranche A Term Loans, Tranche B Term Loans and Revolving Loans under this Agreement shall be incurred by the Borrower from the Banks PRO RATA on the basis of such Banks' Tranche A Term Loan Borrowing Amounts, Tranche B Term Loan Commitments or Revolving Loan Commitments, as the case may be; PROVIDED that all Borrowings of Revolving Loans made pursuant to a Mandatory Borrowing shall be incurred from the XX Xxxxx PRO RATA on the basis on their Adjusted RL Percentages.

  • In the case of the initial Revolving Borrowing, the fact that prior to, or concurrently with, such Revolving Borrowing, the Borrower shall have made the Tranche A Term Loan Borrowing and Tranche B-1 Term Loan Borrowing in the full amount of the Tranche A Term Loan Commitments and the Tranche B-1 Term Loan Commitments, respectively.

  • This MOU shall become effective when fully executed by both Parties and shall expire two years after the effective date unless otherwise agreed to in writing by both Parties.

  • If no election as to the Type of Borrowing is specified, then, (i) in the case of a Revolving Borrowing denominated in Dollars, the requested Revolving Borrowing shall be an ABR Borrowing made on a pro rata basis under the US Tranche Commitments and the Global Tranche Commitments as contemplated by Section 2.02(d)(ii) and (ii) in the case of a Tranche A Term Loan Borrowing, the requested Tranche A Term Loan Borrowing shall be an ABR Borrowing.

  • Any prepayment of a Tranche A Term Loan Borrowing, Tranche B Term Loan Borrowering or a Incremental Term Loan Borrowing pursuant to this paragraph shall be applied first to reduce the next three scheduled repayments thereof in direct chronological order and second to reduce the remaining scheduled repayments thereof on a pro rata basis.

  • The aggregate principal amount of the Tranche A Term Loan Borrowing and the Tranche B Term Loan Borrowing shall be the full amount permitted to be funded hereunder on the date of each such Borrowing.


More Definitions of Tranche A Term Loan Borrowing

Tranche A Term Loan Borrowing means a portion of the Tranche A Term Loan of a particular Type; provided that no Tranche A Term Loan Borrowing shall be in an aggregate principal amount of less than $5,000,000 and each Tranche A Term Loan Borrowing constituting a Eurodollar Rate Advance shall be in a principal amount that is an integral multiple of $1,000,000 (unless no portion of the Tranche A Term Loan constitutes a Base Rate Advance), and no more than ten (10) Interest Periods in the aggregate for Tranche A Term Loan Borrowings constituting Eurodollar Rate Advances may be outstanding at any time.
Sample 1
Tranche A Term Loan Borrowing means a Borrowing comprised of Tranche A Term Loans.
Sample 1

Related to Tranche A Term Loan Borrowing

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

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

  • 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.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Tranche A Term Loan as defined in Section 2.1.

  • 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.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • 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.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

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

  • Tranche B Term Loan as defined in Section 2.1.

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

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • 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 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 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 C Term Loan as defined in Section 2.1.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • 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.

  • 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 Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

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

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.