Tranche C Loan definition
Examples of Tranche C Loan in a sentence
The Tranche C Loan Commitment Termination Date shall not have occurred.
No Lender shall have an obligation to make a Tranche C Loan in excess of such ▇▇▇▇▇▇’s Tranche C Loan Commitment.
The Borrower shall use the proceeds of the Tranche C Loan for general working capital purposes and corporate purposes permitted hereunder, including, but not limited to, making Permitted Acquisitions with the prior written consent of the Administrative Agent.
The Administrative Agent shall have received a Borrowing Notice in accordance with Section 2.01(c)(ii) requesting the Borrowing of the Tranche C Loan duly executed by a Responsible Officer of the Borrower and the Borrower’s updated Schedules to this Agreement (if any), in form and substance reasonably satisfactory to the Administrative Agent.
Each Lender’s Tranche C Loan Commitment shall terminate immediately and without further action on the earlier of (x) the Tranche C Loan Borrowing Date after giving effect to the funding of such Lender’s Tranche C Loan Commitment on such date and (y) the Tranche C Loan Commitment Termination Date.