Tranche E Loan definition

Tranche E Loan has the meaning specified in Section 2.1(e).

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

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

Examples of Tranche E Loan in a sentence

• All Tranche E Loans shall bear interest at the ------------- Applicable Corporate Rate, unless the Companies elect to have a Tranche E Loan bear interest at (i) the Applicable Eurodollar Rate as permitted herein or (ii) an interest rate established pursuant to Paragraph 7(u) below.

• In connection therewith, subject to the terms of the Credit Agreement, each Tranche E Lender severally and not jointly agrees to fund, and make a single loan in immediately available funds to the Borrower on the Amendment Date, in an aggregate principal amount equal to its Tranche E Loan Amount.

• The proceeds of each Advance of the Tranche E Loan shall be used (i) to pay the Loan Fee payable upon the disbursement of such Advance and (ii) for the acquisition and development of one or more Expansion Stores.

• Borrower may not prepay the Principal Balance of any Advance of the Tranche E Loan at any time during the first two Tranche E Loan Years applicable to such Advance.

• Immediately prior to the Third Amendment Effective Date, the outstanding principal balance of the Tranche C Loan, the Tranche D Loan and the Tranche E Loan is as set forth on the Third Amendment Closing Statement and the accrued and unpaid interest thereon is as set forth on the Third Amendment Closing Statement.

More Definitions of Tranche E Loan

Tranche E Loan or “Tranche E Term Loan” means an advance made by any Tranche E Lender under the Tranche E Facility (including such advances made under the Existing Credit Agreement and continued under this Agreement).

Tranche E Loan and "Tranche E Loans" shall have the meanings given such -------------- --------------- terms in Paragraph 5(a) above.

Tranche E Loan has the meaning assigned to such term in Section 7.01(f).

Tranche E Loan shall have the meaning given such term in Paragraph -------------- 5(a) above.

Tranche E Loan means an Advance in the principal amount not exceeding $14,000,000 made or to be made available to Bulk Independence to finance the acquisition of BULK INDEPENDENCE or as the context may require, an Advance in the principal amount from time to time outstanding under this Agreement in respect of such tranche;

Tranche E Loan the loan to be made by FINOVA to Borrower in the maximum aggregate amount of $7,000,000 pursuant to Section 2.5.

Tranche E Loan means (i) a loan made to AACI or AAG pursuant to the terms of the Chemical Agreement, the proceeds of which shall be used to fund the reimbursement obligation of AACI or AAG in connection with the Letter of Credit and (ii) any refinancing, refunding or replacement thereof provided that such refinancing, refunding or replacement does not change the maturity date of the Tranche E Loan or increase the then outstanding principal amount of the Tranche E Loan or increase the interest rate thereon or otherwise conflict with Section 17(d).