Tranches definition

Tranches shall have the meaning ascribed to such term in Section 2.1.

Tranches means all Covered Bonds which are identical in all respects (including as to listing), and shall, where the context so requires, be deemed to refer to a Series of N Covered Bonds, provided that for greater certainty, N Covered Bonds are only issueable in Series;

Tranches means together Tranche A and Tranche B (each a “Tranche”).

Examples of Tranches in a sentence

• There will be no calculation of interest made with respect to any of the Reference Tranches.

• Each Class of Reference Tranche will have the initial Class Notional Amount set forth in the definition of “Reference Tranches” in Article I (Definitions) in this Agreement, and the aggregate of the initial Class Notional Amounts of all the Reference Tranches will equal the Cut-off Date Balance.

• Notwithstanding the foregoing, in the event Xxxxxxx Mac cancels any Notes pursuant to this Section 3.03(h), solely for purposes of making calculations with respect to the hypothetical structure and Reference Tranches, such Notes and related Reference Tranches shall be deemed to continue to be outstanding in accordance with the terms set forth in this Agreement.

• Notwithstanding the foregoing, in the event Freddie Mac cancels any Notes pursuant to this Section 3.03(h), solely for purposes of making calculations with respect to the hypothetical structure and Reference Tranches, such Notes and related Reference Tranches shall be deemed to continue to be outstanding in accordance with the terms set forth in this Agreement.

• Tranches may be provided in sequence or simultaneously, and some may overlap in time with each other.

More Definitions of Tranches

Tranches means Adjusted Base Rate Tranches or Eurodollar Tranches or any combination thereof.

Tranches means any or all of them;

Tranches means collectively the 7-year Tranche and the 10-year Tranche.

Tranches means Tranche A, Tranche B, Tranche C, Tranche D, Tranche E, Tranche F, Tranche G, Tranche H and Tranche I, and "Tranche" means any one of them.

Tranches mean together, Tranche A, Tranche B and Tranche C, and in the singular means any of them;

Tranches means Tranche 1, Tranche 2 and Tranche 3, and "Tranche" means any of them.

Tranches means each of the Tranche A Advances, Tranche B Advances and the Tranche C Advances.