Tranche D Loan definition

Tranche D Loan has the meaning specified in Section 2.1(d).

Tranche D Loan means a Loan granted to Borrower by the Tranche D Banks in accordance with Section 2.1D hereof.

Tranche D Loan means the loan made to the Borrower under Tranche D and the principal amount outstanding for the time being of that loan.

Examples of Tranche D Loan in a sentence

• Any prepayment of a Tranche A Loan, Tranche B Loan or Tranche D Loan shall be applied to reduce the subsequent scheduled repayments of such Loan.

• On the Second Restatement Date, (i) the Tranche D Commitments of each Lender shall be deemed cancelled in full and no Lender shall have any further obligation with respect to its Tranche D Commitment and (ii) Borrower shall repay in full the outstanding principal amount of the Tranche D Loan together with accrued and unpaid interest and fees thereon by making a cash payment to the Administrative Agent for the account of the Lenders (with each Lender receiving its Ratable Share of such payment).

• Prepayments made under this Section 2.10(a) shall be applied to the amounts outstanding under the Tranche B Loan and, in the event there are no amounts outstanding thereunder, then such prepayments shall be applied pro rata to amounts outstanding under the Tranche A Loan, the Tranche C Loan and the Tranche D Loan.

• Each of the Tranche A Loan, the Tranche B Loan, the Tranche C Loan and the Tranche D Loan, a Tranche.

• Where the Chairman of the Board is not an independent director, the independent directors should make up at least half of the Board.

More Definitions of Tranche D Loan

Tranche D Loan means an extension of credit in Dollars made by a Tranche D Lender to Ultimate Holdings pursuant to this Agreement.

Tranche D Loan or “Tranche D Term Loan” means an advance made by any Tranche D Lender under the Tranche D Facility.

Tranche D Loan is defined in Section 2.2(a)(iv).

Tranche D Loan means collectively (i) the five million dollar ($5,000,000) Tranche D-1 Loan made by PEP to EGS Acquisition Corp. pursuant to the resolution of the Board of Directors of EGS Acquisition Corp. dated December 18, 2008 and (ii) the five million dollar ($5,000,000) Xxxxxxx X-0 Loan made by AYC Holdings Ltd. to EGS Acquisition Corp. pursuant to the resolution of the Board of Directors of EGS Acquisition Corp. dated December 18, 2008.

Tranche D Loan and "Tranche D Loans" shall have the meanings given such -------------- --------------- terms in Paragraph 4(a) above.

Tranche D Loan means a Loan made pursuant to clause (d) of Section 2.01 and subject to the conditions precedent in Section 5.02.

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 transactions contemplated hereby and thereby, including disbursement and application of the proceeds of the Loans. “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. “UK Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. “Unrestricted Cash” means the balance of unencumbered cash (other than cash encumbered by the Liens granted to the Lenders pursuant to the Loan Documents) and Permitted