Tranche C Lender definition
Examples of Tranche C Lender in a sentence
The Initial Tranche C Commitment of each Tranche C Lender shall be reduced to zero upon the funding of the Initial Tranche C Loan on the Effective Date.
This Tranche C Lender Addendum may be executed by one or more of the parties hereto on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument.
On request by TCCI, a Tranche C Lender shall cancel all forms of Drafts which have been pre-signed or pre-endorsed by or on behalf of TCCI and which are held by such Tranche C Lender and have not yet been issued in accordance herewith.
Each Tranche C Lender agrees to provide such records to TCCI at TCCI’s expense upon request.
TCCI shall, at the request of a Tranche C Lender, issue one or more non-interest bearing promissory notes (each a “BA Equivalent Note”) payable on the date of maturity of the unaccepted Draft referred to below, in such form as such Tranche C Lender may specify, in a principal amount equal to the Face Amount of, and in exchange for, any unaccepted Drafts which such Tranche C Lender has purchased or has arranged to have purchased in accordance with Section 2.1(c).