Tranche C Facility definition

Tranche C Facility means the aggregate of the Tranche C Commitments.
Tranche C Facility means at any time, (a) on or prior to the Effective Date, the aggregate amount of the Tranche C Commitments at such time and (b) thereafter, the aggregate principal amount of the Tranche C Loans of all Tranche C Lenders outstanding at such time.
Tranche C Facility means the US dollar term loan facility granted to the Company under Clause 3.2.1 (Grant of Project Contingent Debt Facilities).

Examples of Tranche C Facility in a sentence

  • For the avoidance of doubt, the Tranche C Facility shall be the primary resource for the Company and its subsidiaries to use to satisfy any Transco Capital Call in respect of costs for the Expansion Project, and no Member shall be obligated to make any Capital Contribution in respect thereof unless sufficient funds are not available under the Tranche C Facility to satisfy such Transco Capital Call.

  • The Company shall contribute to its appropriate subsidiaries, and shall cause such subsidiaries to contribute to Xxxxx Pipeline, the amount thereof so that Xxxxx Pipeline may use such amount to fund its proportionate share of such Transco Capital Call (together with the proceeds from the Tranche C Facility received in respect of such Capital Call).


More Definitions of Tranche C Facility

Tranche C Facility means the loan facility referred to in Clause 2.1(c), the terms and conditions of which are set out in this Agreement;
Tranche C Facility means that certain Tranche C Term Loan Facility (as defined in the Term Loan Agreement) pursuant to the Term Loan Agreement, in an aggregate principal amount of up to ninety-three million U.S. dollars ($93,000,000.00), to be incurred following the Effective Date pursuant to the Term Loan Agreement, the net proceeds of which will be used to fund the Expansion Project. Transco means Transcontinental Gas Pipe Line Company, LLC, a Delaware limited liability company.
Tranche C Facility means, at any time, the aggregate amount of the Tranche C Lenders’ Tranche C Revolving Credit Commitments at such time.
Tranche C Facility means that certain $10,200,000 credit facility provided by TFC to Borrower pursuant to that certain Loan And Security Agreement dated April 17, 2001 (the "TRANCHE C LOAN AGREEMENT") by and between Borrower and TFC, as amended by a First Amendment to Loan and Security Agreement of even date herewith. (bbbbb) TRANSFER ACCOUNT. The account established by Agent, as described in Schedule B hereto, to which all Loans by Lenders will be made.
Tranche C Facility means the Facility providing for the Tranche C Commitment and the Tranche C Loans.
Tranche C Facility. To enrich working capital.
Tranche C Facility means, collectively, the Tranche C Commitment and the extensions of credit made thereunder.