Examples of Tranche D Term Loan Facility in a sentence
In addition, Borrowers will use all proceeds of the Tranche A Term Loan Facility, the Tranche B Term Loan Facility, the Tranche C Term Loan Facility, the Tranche D Term Loan Facility, the Dollar Revolving Facility and the Multicurrency Revolving Facility (i) to repay the loans under the Existing Credit Agreement and pay related fees and expenses and (ii) to provide financing for general corporate purpose (including working capital requirements) of Company, the Borrowers and their respective Subsidiaries.
The Tranche D Term Loan Facility shall have received ratings from Standard and Poor’s Ratings Service and Mxxxx’x Investors Service.
The proceeds of the Tranche D Term Loans shall be used by the Company (i) to prepay all Acquisition Loans outstanding as of the Restatement Date, (ii) to prepay $60,000,000 of the Tranche A Term Loans outstanding as of the Restatement Date, (iii) to pay fees and expenses relating to the Tranche D Term Loan Facility and this Agreement to be paid on the Restatement Date in accordance with Section 8.1(b) and (iv) to the extent of remaining proceeds, to prepay Revolving Loans outstanding as of such date.
By letter dated April 14, 1992 he was advised by the Division of Licensing Services that it proposed not to grant him any experience credit and to deny his application because "(a)pplicant worked as an independent contractor which is not qualifying," but that he could request an administrative review.
Thereafter, the obligation of the Lenders under such Facility to make, convert or maintain Offshore Rate Committed Loans in the Applicable Currency shall be suspended until the Administrative Agent upon the instruction of the Required Revolving Facility Lenders or Lenders holding a majority of the Loans under the Tranche B Term Loan Facility, the Tranche C(CH) Term Loan Facility, the Tranche C(US) Term Loan Facility or the Tranche D Term Loan Facility, as the case may be, revoke such notice in writing.
In the event the Borrowers elect to prepay Tranche C Term Loans or Tranche D Term Loans under Section 2.11, amounts to be applied in connection with such prepayments shall be applied to the prepayment of the Tranche C Term Loans and the Tranche D Term Loans pro rata among the Tranche C Term Loan Facility and the Tranche D Term Loan Facility based upon the remaining unpaid aggregate principal amounts thereof.
Amortization: The Term Loans shall be repayable in semi-annual installments in amounts to be agreed upon, provided that the installments of the Tranche B Term Loans, the Tranche C Term Loans and the Tranche D Term Loans during years one through seven will be nominal in amount in relation to the overall size of the Tranche B Term Loan Facility, the Tranche C Term Loan Facility and the Tranche D Term Loan Facility, respectively.
Especially, after the amendment brought about in the Finance Act, 2021.