Examples of Unitranche Loan in a sentence
The facility is a combined EUR 30m 6 years Senior Secured Unitranche Loan and a short term EUR 10m Credit Facility, which was subsequently amended to a short term EUR 8m Credit Facility.
The figures above are based on quarterly cashflows and Net Asset Values from 30 September 2012 to 31 March 2019 for Partners Group investments made after 31 December 2011 in First Lien Loan investments, Second Lien Loan and Unitranche Loan investments and Mezzanine Loan investments.
If the Anchor Members desire to cause a Specified JV to acquire such Wind-Down Buyout Loan, then the Anchor Members shall have the initial right (but not the obligation), subject to the terms of the governance documents for such Specified JV, to cause such Specified JV to acquire such Wind-Down Buyout Loan at a price equal to the Unitranche Loan Fair Market Value thereof in accordance with the terms of this Section 3.7(c).
If the Anchor Member that is, or is an Affiliate of, the “Primary Sourcing Party” does not make such an offer, then the other Anchor Members shall have the right to acquire a ratable interest (equal to each such Anchor Member’s Aggregate Percentage Interest, determined without regard to the Class A Percentage Interests or Class B Percentage Interests of each Anchor Member not making an offer therefor) in such Unitranche Loan or the specified portion thereof on the terms so set forth.
If no Anchor Member offers to acquire such Unitranche Loan on the terms so set forth, the Company may proceed to sell, assign or otherwise dispose of such Unitranche Loan on such terms to any other Person, so long as such sale, assignment or other disposition is consummated no more than thirty (30) Business Days after the delivery of the initial notice thereof to the Anchor Members.