Tranche C Obligations definition

Tranche C Obligations means (a) the due and punctual payment of principal of and interest on (subject to the provisos to Section 2.05(b)) the Tranche C Loans and (b) the due and punctual payment of all other present and future, fixed or contingent, monetary obligations of the Borrower and the Guarantors to GM with respect to the Tranche C Loans under this Agreement.
Tranche C Obligations means the Obligations of the Borrowers other than --------------------- Purina Korea, Inc.
Tranche C Obligations means all debts, obligations and liabilities, present or future, direct or indirect, absolute or contingent, matured or unmatured, at any time owing by the Borrower to the Tranche C Lenders or remaining unpaid by the Borrower to the Tranche C Lenders pursuant to the Tranche C Credit Agreement.

Examples of Tranche C Obligations in a sentence

  • The First Amendment also provided for the designation of obligations concerning the loss sharing arrangements under the Intercreditor Amendment, which were initially considered Tranche A obligations, as "Tranche C Obligations" and as such, prepetition obligations.

  • On the effective date of the Chapter 11 Plan, the Debtors will distribute cash to the Tranche C Lenders sufficient to pay the Tranche C Obligations, and the Tranche C Lenders would immediately use that cash to subscribe and pay for the equity distributable under the Equity Subscription Election, including the discounted shares.

  • The Aggregate Commitment with respect -------------------------- to Tranche C Obligations shall expire on the Termination Date.

  • Each of the holders of the Initial Tranche C Obligations agrees, for the benefit of the Banks holding Non-Initial Tranche C Obligations, to take such further action and shall execute and deliver to the Administrative Agent, the Collateral Agent and the Banks such additional documents and instruments (in recordable form, if requested) as the Administrative Agent, the Collateral Agent or the Banks may reasonably request to effectuate the terms of, and the priorities established by, this Section 15.

  • The First Units Trustee hereby agrees, for and on behalf of the holders of any First Units, that all payments in respect of the First Units, if and when issued, are hereby subordinated to the prior indefeasible payment in cash of all of the Tranche A Obligations, the Tranche B Obligations and the Tranche C Obligations, and the Tranche A Obligations, the Tranche B Obligations and the Tranche C Obligations will have priority over the First Units in all respects and at all times.


More Definitions of Tranche C Obligations

Tranche C Obligations. The aggregate of Tranche C Debt, the Put Right Debt (if then or previously exercised and outstanding) and Tranche C Fees. "TRANCHE C PAYMENT DEFAULT" The failure of the Borrowers to have made any Tranche C Debt Payment prior to the expiry of any grace period applicable to such payment.
Tranche C Obligations means any and all Obligations owed to the Tranche C Lenders arising in respect of the Tranche C Loans (which shall include, despite anything which may be construed to the contrary contained herein, the amount of any Capitalized Interest), all of which Tranche C Obligations shall rank pari passu with each other.
Tranche C Obligations means the Tranche C Loans and all other amounts, obligations, covenants and duties owing by the Borrower (or any amount paid by any Loan Party for the account of the Borrower) to any Tranche C Lender in its capacity as such or any of its affiliated Indemnitees, of every type and description (whether by reason of an extension of credit, loan, guaranty, indemnification or otherwise) in respect of the Tranche C Facility, present or future, arising under this Agreement, any other Loan Document, whether direct or indirect (including those acquired by assignment), absolute or contingent, due or to become due, now existing or hereafter arising and however acquired and whether or not evidenced by any note, guaranty or other instrument or for the payment of money, including all fees, interest, charges, expenses, attorneys' fees and disbursements and other sums chargeable to the Borrower under this Agreement or any other Loan Document by any Tranche C Lender in its capacity as such in respect of the Tranche C Loans or otherwise in respect of the Tranche C Facility.
Tranche C Obligations. The aggregate of Tranche C Debt, and Tranche C Fees.
Tranche C Obligations means, without duplication, all of the obligations of the Borrower to the Tranche C Lender (in its capacity as such), whenever arising, under this Credit Agreement or any Tranche C Letter of Credit or related LOC Documents (including, but not limited to, any interest accruing after the occurrence of a Bankruptcy Event with respect to the Borrower, regardless of whether such interest is an allowed claim under the Bankruptcy Code).
Tranche C Obligations. Tranche C Lender", "Tranche C Letters of Credit", "Tranche C Lender" and "Tranche C Loan" set forth in Section 1.1; and
Tranche C Obligations. Obligations owed to a Tranche C Purchaser.