Tranche B Drawdown Date definition

Tranche B Drawdown Date means a date on which a Tranche B Loan is initially borrowed.
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Examples of Tranche B Drawdown Date in a sentence

  • There shall be not more than two Tranche A Drawdown Dates and one Tranche B Drawdown Date under this Agreement (other than in respect of Commitments held by a Defaulting Lender).

  • The Borrower may draw Tranche B of the Term Loan Facility in one amount on or before the Tranche B Drawdown Date by giving a Notice of Drawdown no later than 11 am (London time) on the day falling two Business Days prior to the proposed date of drawdown (which must be a Business Day).

  • Tranche B of the Term Loan Facility shall (subject to the other provisions of this letter) be repaid by twenty eight equal quarterly instalments of US$50,000, with the first such instalment to be paid on the date three months after the Tranche B Drawdown Date.

  • BoS is paid, by way of compensation for early repayment, an amount equal to 1% of the amount prepaid should the reason for prepayment be a refinancing of all or any part of the Term Loan Facility by a third party within three years of the Tranche B Drawdown Date.

  • Each Alternate Investor which does not so consent to any renewal shall cooperate fully with the SPV in effectuating the administrative details of any such assignment.

  • TRANCHE B FINAL REPAYMENT DATE means the date which is seven years from the Tranche B Drawdown Date.

Related to Tranche B Drawdown Date

  • Drawdown Date means, in relation to each Advance, any date being a Banking Day falling during the relevant Drawdown Period, on which the relevant Advance is, or is to be, made available;

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

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

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Drawdown means the drawdown of a Tranche under the Loan Facility;

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

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

  • 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.

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Tranche A Maturity Date means June 30, 2006, or if such day is not a Business Day, the next preceding Business Day.

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • 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 Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.