Examples of Tranche B Commitments in a sentence
The Tranche A Borrowers, TCCI or TFA shall have the right, at any time, upon at least three Business Days’ notice to a Defaulting Lender (with a copy to the Administrative Agent), to terminate in whole such Defaulting Lender’s Tranche A Commitments, Tranche B Commitments or Tranche C Commitments, respectively.
The Tranche A Borrowers or TCCI shall have the right, at any time, upon at least three Business Days’ notice to a Defaulting Lender (with a copy to the Administrative Agent), to terminate in whole such Defaulting Lender’s Tranche A Commitments or Tranche B Commitments, respectively.
The Tranche A Borrowers, TCCI or the Tranche C Borrower shall have the right, at any time, upon at least three Business Days’ notice to a Defaulting Lender (with a copy to the Administrative Agent), to terminate in whole such Defaulting Lender’s Tranche A Commitments, Tranche B Commitments or Tranche C Commitments, respectively.
By executing this Lender Addendum as an Electing Lender, the undersigned institution agrees (A) to the terms, and hereby consents to such terms, of the Amendment and the Credit Agreement as amended thereby and (B) on the terms and subject to the conditions set forth in the Amendment to extend and reclassify the full amount of its Existing Commitments into Tranche B Commitments.
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.