Tranche B Participant definition

Tranche B Participant means, at any time, any Participant having an Outstanding Tranche B Participation Amount at such time.
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Tranche B Participant means, at any time, any Participant having an Outstanding Tranche B Participation Amount at such time. "Tranche B Percentage" shall mean (a) with respect to each Participant at any time prior to the Commitment Termination Date, the percentage set forth under the caption "Tranche B Percentage" opposite such Participant's name in Part A(1) of Schedule I and (b) with respect to each Participant at any time on or after the Commitment Termination Date, the percentage set forth under the caption "Tranche B Percentage" opposite such Participant's name in Part A(2) of Schedule I; or in the case of either such percentage, if changed, such percentage as may be set forth for such Participant in the Register.. "Tranche B Portion" shall mean, (a) with respect to any Advance without reference to any Participant, the portion of such Advance equal to the Tranche B Proportionate Share of such Advance and (b) with respect to any Advance with reference to any Participant, the portion of such Advance equal to such Participant's Tranche B Percentage of such Advance. "Tranche B Proportionate Share" shall mean (a) at any time prior to the Commitment Termination Date, seven percent (7.0%) and (b) at any time on or after the Commitment Termination Date, thirteen and nine- tenths percent (13.9%). "Tranche C Participant" shall mean, at any time, any Participant having an Outstanding Tranche C Participation Amount at such time. "Tranche C Percentage" shall mean (a) with respect to each Participant at any time prior to the Commitment Termination Date, the percentage set forth under the caption "Tranche C Percentage" opposite such Participant's name in Part A(1) of Schedule I and (b) with respect to each Participant at any time on or after the Commitment Termination Date, the percentage set forth under the caption "Tranche C Percentage" opposite such Participant's name in Part A(2) of Schedule I; or in the case of either such percentage, if changed, such percentage as may be set forth for such Participant in the Register. "Tranche C Portion" shall mean, (a) with respect to any Advance without reference to any Participant, the portion of such Advance equal to the Tranche C Proportionate Share of such Advance and (b) with respect to any Advance with reference to any Participant, the portion of such Advance equal to such Participant's Tranche C Percentage of such Advance. "Tranche C Proportionate Share" shall mean, at all times (whether before, on or after the Commitment Termination Date)...
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Tranche B Participant means a Person named as a Tranche B Participant on Schedule I to the Participation Agreement.
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Examples of Tranche B Participant in a sentence

  • Notwithstanding anything herein in the contrary, proceeds of the Cash Collateral shall be applied in the following order of priority: first, among the Tranche B Participants, pro rata, to pay in full the Tranche B Participant Balances of such Tranche B Participants; and second, among the Tranche C Participants, pro rata, to pay in full the Tranche C Participant Balances of such Tranche C Participants.

  • In consideration of such advance under Tranche B, Participant will, on the date of such advance, cause immediately available funds in the amount of such principal amount to be transferred to an account at Bank One designated by Bank One.

  • In consideration of such advance under Tranche B, Participant will, on the date hereof, cause immediately available funds in the amount of such principal amount to be transferred to an account at Bank One designated by Bank One.

  • There are 9305 educational institutes for boys, 3635 for girls and 822 institutes are mix.

  • Notwithstanding anything to the contrary in the immediately preceding sentence, each Tranche B Participant, each Tranche C Participant, each Tranche D Participant, each Tranche E Participant and each Tranche F Participant shall be entitled to the benefit of Section 2.11; provided that no other participant shall be entitled to such benefits.

  • Subject to the priority of distributions set forth in Section 5.3(d) and (f), the Tranche A1 Participant shall be entitled to all Tranche A1 Basic Rent, the Tranche A2 Participant shall be entitled to all Tranche A2 Basic Rent, the Tranche A3 Participant shall be entitled to all Tranche A3 Basic Rent, the Tranche B Participant shall be entitled to all Tranche B Basic Rent, and the Tranche C Equity Participant shall be entitled to all Tranche C Equity Basic Rent.

  • Notwithstanding anything to the contrary in the immediately preceding sentence, each Tranche A Participant, each Tranche B Participant, each Tranche C Participant and each Tranche D Participant shall be entitled to the benefit of Section 2.11; provided that no other participant shall be entitled to such benefits.

  • Notwithstanding anything herein in the contrary, proceeds of the Cash Collateral shall be applied in the following order of priority: first, among the Tranche B Participants, pro rata, to pay in full the Tranche B Participant Balances of such Tranche BParticipants; andsecond, among the Tranche C Participants, pro rata, to pay in full the Tranche C Participant Balances of such Tranche CParticipants.


More Definitions of Tranche B Participant

Tranche B Participant means a Tranche B-1 Participant or a Tranche B-2 --------------------- Participant.
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Related to Tranche B Participant

  • L/C Participant shall have the meaning provided in Section 3.3(a).

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Loan Participant means each Purchaser and its respective successors and registered assigns, including any Certificate Holder.

  • CDS Participant means a broker, dealer, bank or other financial institution or other person for whom, from time to time, CDS effects book entries for the Units deposited with CDS.

  • Retired Participant means a person who has been a Participant, but who has become entitled to retirement benefits under the Plan.

  • Active Participant means a Participant who has satisfied the eligibility requirements under Section 3 and who has at least 1,000 Hours of Service during the current Plan Year. However, a Participant shall not qualify as an Active Participant unless (i) he is in active Service with an Employer as of the last day of the Plan Year, or (ii) he is on a Recognized Absence as of that date, or (iii) his Service terminated during the Plan Year by reason of Disability, death, or Normal Retirement.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Other Participant means a cooperative project participant other than the United States.

  • Participant has the meaning specified in Section 10.06(d).

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • A Participant or beneficiary ("claimant") who has not received benefits under the Plan that he or she believes should be paid shall make a claim for such benefits as follows:

  • Terminated Participant means a person who has been a Participant, but whose employment has been terminated other than by death, Total and Permanent Disability or retirement.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Qualified Participant means any Participant or Former Participant who has completed ten (10) Years of Service as a Participant and has attained age 55.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Principal Participant means any of the following entities:

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • First Tier Participant refers to the participant who has entered into a covered transaction with a grantee or subgrantee of Federal funds (such as the prime or general contractor). “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Exchange Participant means (a) the Bank which is a person registered as a China Connect Exchange Participant (as defined in the SEHK China Connect Rules) by SEHK; or (b) where the context requires, any China Connect Exchange Participant (as defined in the SEHK China Connect Rules).

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Study Participant means a person recruited to participate in the Study.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.