Tranche C Loan Commitment definition
Tranche C Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche C Loan and “Tranche C Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche C Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche C Loan Commitments as of the Closing Date is $10,000,000.
Tranche C Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche C Loans to the Borrowers in the amount set forth opposite such Lender's name on Appendix A-3 hereto, as such amount may be terminated or reduced from time to time in accordance with the terms of the Agreement.
Tranche C Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche C Loan and “Tranche C Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche C Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche C Loan Commitments after giving effect to the Tranche C Term Loan made on the Tranche C Loan Borrowing Date is $0. “Tranche D Loan” means each loan advanced by a Lender pursuant to Section 2.01(d). For purposes of clarification, any calculation of the aggregate outstanding principal amount of the Tranche D Loan on any date of determination shall mean the aggregate principal amount of the Tranche D Loan made pursuant to Section 2.01(d) that has not yet been repaid as of such date. “Tranche D Loan Borrowing Date” means with respect to the Tranche D Loan, the Business Day on which all conditions set forth in Section 6.04 have been satisfied or waived by the Lenders and the Tranche D Loan is made hereunder. “Tranche D Loan Commitment” means the commitment of a Lender to make or otherwise fund a Tranche D Loan and “Tranche D Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche D Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche D Loan Commitments as of the Third Amendment Effective Date is $7,500,000. “Tranche D Loan Commitment Termination Date” means June 30, 2022. “Transactions” means the execution, delivery and performance by each Obligor of this Agreement and the other Loan Documents to which such Obligor is a party and the other
Examples of Tranche C Loan Commitment 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.
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.
More Definitions of Tranche C Loan Commitment
Tranche C Loan Commitment means the agreement of the Lender to continue the Existing Tranche C Loan on the Closing Date, the agreement of the Lender to make additional Tranche C Loans to the Borrower after the Closing Date pursuant to clause (a)(i) of the Acquisition Guidelines and the option of the Lender to make Tranche C Loans to the Borrower pursuant to clause (a)(ii) and clause (b)(ii) of the Acquisition Guidelines, all in an aggregate principal amount not to exceed $30,000,000 at any time less the aggregate amount outstanding under the Tranche A Loan and Tranche B Loan at such time.
Tranche C Loan Commitment have the respective meanings specified in Section 2.01.
Tranche C Loan Commitment means, relative to each Lender, the obligation of such Lender to make Tranche C Loans to the Borrower hereunder in an aggregate principal amount set forth under "Tranche C Loan Commitment" opposite such ▇▇▇▇▇▇'s name on SCHEDULE 1.1(a).
Tranche C Loan Commitment means the agreement of the Lender to continue the Existing Tranche C Loan on the Closing Date, the agreement of the Lender to make additional Tranche C Loans to the Borrower after the Closing Date pursuant to clause (a)(i) of the Acquisition Guidelines and the option of the Lender to make additional Tranche C Loans to the Borrower after the Closing Date pursuant to clause (a)(ii) and clause (b)(ii) of the Acquisition Guidelines, all in an aggregate principal amount not to exceed $50,000,000.00 at any time less the aggregate amount outstanding under all Loans other than Tranche C Loans at such time.
Tranche C Loan Commitment means with respect to each Lender at any time, the amount set forth next to such Lender’s name on Appendix A hereto under the heading “Tranche C Loan Commitment”, as such amount may be reduced from time to time pursuant to Section 2.03 or adjusted pursuant to Section 11.06, the sum of which shall be an amount equal to the Aggregate Tranche C Loan Commitment.
Tranche C Loan Commitment in Section 1.1 of the Existing Loan Agreement, is hereby deleted in its entirety.
Tranche C Loan Commitment means the commitment of a Lender to make Tranche C Loans to Company pursuant to subsection 2.1A(iii), and "Tranche C Loan Commitments" means such commitments of all Lenders in the aggregate.