Examples of Tranche B Advances in a sentence
Phase 2 of the CDAIS project must therefore focus on strengthening the capacity of some key organizations of the Agricultural innovation System in order to have medium and long-term impacts.
Any portion of the Tranche B Advances that is subsequently repaid or prepaid may not be reborrowed.
On each Payment Date in respect of the Tranche A Advances and the Tranche B Advances, the Borrowers shall pay to Lender, the Minimum Tranche A Payment Amount and the Minimum Tranche B Payment Amount, as applicable, for such Payment Date.
Given the small scale of the floating dock and associated gangway within the Saratoga Passage, it is not expected to cause an increase in the base flood elevation nor should it increase the flood hazard potential to other nearby marine infrastructure.
Subject to Section 3.01(h), all outstanding Advances shall bear interest (from and including the date on which such Advance is made) at a per annum rate equal to (i) in the case of Tranche A Advances and Tranche B Advances denominated in a Permitted Non-USD Currency, the applicable Benchmark and (ii) in the case of Tranche B Advances denominated in USD, the Term SOFR Rate, in each case, for each Calculation Period in effect plus the Applicable Margin for such Advances set forth on the Transaction Schedule.