Tranche B definition

Tranche B has the meaning assigned in Section 2.1(c)(i).
Tranche B is defined in Section 2.1.1(a).
Tranche B means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche B Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche B” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche B Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

Examples of Tranche B in a sentence

  • The exercise price of the Tranche B Warrants is as follows: 3,430 shares of the Company's common stock at the exercise price of $9.1125 per share or warrants for an exercise price of $9.1125 minus $0.001 per share.

  • Details of share issues in the current and comparative period- During the course of FY23, the Group issued 1,806,527 shares to eligible employees through exercise of performance rights under Tranches A, B and C of the RightCrowd Long Term Incentive plan.- During the course of FY22, the Group issued 1,235,314 shares to eligible employees through exercise of performance rights issued from Tranche A and Tranche B of the RightCrowd long term incentive plan.

  • Tranche B Warrants shall expire on March 13, 2029; provided, however, that (A) if (i) the Company publicly announces, the recommended Phase 2 dose for APR-1051, and (ii) the daily VWAP of the Common Stock equals or exceeds $18.225 per share for any 30 consecutive Trading Day period commencing on or after the Trading Day on which the announcement was made, then the Termination Date shall be 30 days following the date on which both (i) and (ii) above have occurred.

  • First Lien (1 month TermSOFR + 4.614%)9.970%, 2/4/27(2)617615Financiere Mendel Tranche B (3 month Term SOFR +4.250%)9.616%, 11/12/30(2)225225Gainwell Acquisition Corp.

  • Tranche B (6 month Term SOFR + 4.975%)10.476%, 2/12/26(2) 1,308 1,227Tranche B-3 (1 month Term SOFR + 2.114%)7.471%, 2/22/28(2)945925Tranche B-4 (1 month Term SOFR + 3.000%)8.356%, 2/22/28(2)5050CHG Healthcare Services, Inc.


More Definitions of Tranche B

Tranche B means the Equivalent Amount of up to seventy five per cent (75%) of the amount of the Hermes Insurance Premium payable on the later of the First Drawdown Date and the issue of the Hermes Cover to be paid to the Hermes Agent for on-payment to Hermes to be advanced by the Lenders on a Drawdown Date by way of their Contributions thereto PROVIDED THAT the amount of this Tranche and the amount of Tranche A shall not when aggregated exceed eighty per cent (80%) of the Hermes Premium;
Tranche B means the aggregate of the Tranche B Commitments.
Tranche B means that part of the Loan to be made available to the Borrowers to refinance the Existing Indebtedness in a principal amount not exceeding the lesser of (i) $13,750,000 and (ii) 55 per cent. of the Initial Market Value of Ship B.
Tranche B means, at any time, all Tranche B Collateral Loans at such time.
Tranche B means the tranche of the Facility designated as Tranche B and made available under this Agreement as described in Clause 2.1(b) (The Facility).
Tranche B means that part of the Loan made or to be made available to the Borrower B to finance part of the Purchase Price of Ship B in a principal amount of US$16,200,000 (representing 80 per cent. of that Purchase Price).
Tranche B means that part of the Loan made or to be made available to the Borrowers to finance up to 65 per cent. of the Fair Market Value of Ship B.