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 the Hotel Contingent Debt Facilities).

Examples of Tranche C Facility in a sentence

  • Upon repayment of this Loan and the satisfaction by Borrower of all of the Obligations under this Loan, the Collateral shall continue to secure the Additional Credit Facility, the Inventory Loan and the Tranche C Facility, as provided in the documents evidencing and securing the Additional Credit Facility, the Inventory Loan and the Tranche C Facility.

  • Without limiting the generality of the foregoing, the Administrative Agent may require that (x) any payment by any Borrower due under this Agreement, other than any payment to be made in respect of the Tranche B Facility or the Tranche C Facility, be made in the United States, (y) any payments to be made by TCCI in respect of the Tranche B Facility be made in Canada and (z) any payment to be made by TFA in respect of the Tranche C Facility be made through the applicable Australian Sub-Agent’s Office.

  • The Collateral also secures the Obligations of Borrower under the Additional Credit Facility, the Inventory Loan, and the Tranche C Facility.

  • 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 Tranche C Borrowing shall consist of Tranche C Loans made simultaneously by the Tranche C Lenders in accordance with their respective Commitment Percentage of the Tranche C Facility.


More Definitions of Tranche C Facility

Tranche C Facility means the Facility providing for the Tranche C Commitment and the Tranche C Loans.
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 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 the USD 30,000,000 term loan facility made available under this agreement as referred to in clause 2.1(c).
Tranche C Facility means the lease facility in the Tranche C Facility Amount.
Tranche C Facility means that revolving credit facility extended by ------------------ the Lenders to the Companies pursuant to Section 3 hereof.