CP Tranche definition

CP Tranche means a Tranche as to which Discount is calculated at a CP Rate.

CP Tranche means, with respect to a Match Funding CP Conduit Purchaser, a portion of the CP Conduit Funded Amount with respect to such Match Funding CP Conduit Purchaser for which the Monthly Funding Costs with respect to such Match Funding CP Conduit Purchaser is calculated by reference to a particular Discount and a particular CP Rate Period.

CP Tranche means, with respect to a Class, a Tranche of such Class as to which Discount is calculated at the CP Rate.

Examples of CP Tranche in a sentence

• Issuer:Alsons Consolidated Resources, Inc.2. CP Tranche & Series:Tranche: Third TrancheSeries:CP Series X – 182 days CP Series Y – 364 days3.

• Such notice shall specify (i) the applicable Business Day, (ii) the CP Rate Period for each CP Tranche to which a portion o f the Available CP Funding Amount with respect to such CP Conduit Purchaser Group is to be allocated and (iii) the portion of such Available CP Funding Amount being allocated to each such CP Tranche.

• For any CP Tranche Period of a Pool-Funded Conduit, the rate per annum that, when applied to the outstanding principal balance of such Pool-Funded Conduit’s Loans during such CP Tranche Period for the actual number of days elapsed on a 360-day year basis would equate to such Pool-Funded Conduit’s CP Costs for such CP Tranche Period.

• While the Gotham Agent will use reasonable efforts to accommodate the Borrower’s or the Servicer’s requests for CP Tranche Periods except during the continuance of an Event of Default or when Gotham is acting as Pool Funded Conduit, the Gotham Agent shall have the right to subdivide any requested CP Rate Loan into one or more CP Rate Loans of different CP Tranche Periods, or, if the requested period is not feasible, to suggest an alternative CP Tranche Period.

• Notwithstanding the foregoing, not less than $1,000,000 of Principal may be allocated to any CP Tranche Period or Interest Period of any Lender, and no Alternate Base Rate Loan may have a Principal amount of less than $1,000,000.

More Definitions of CP Tranche

CP Tranche means a Tranche funded or maintained by PARCO as to which ---------- Yield is calculated at the CP Rate.

CP Tranche means any portion of the Note Principal Balance funded by a CP Issuing Purchaser.

CP Tranche means a portion of the Series 1998-1 Invested Amount for which the Series 1998-1 Monthly Interest is calculated by reference to a particular Discount and a particular CP Rate Period.

CP Tranche means, with respect to a Match Funding CP Conduit Purchaser, a portion of the CP Conduit Funded Amount with respect to such Match Funding CP Conduit Purchaser for which the Class A Monthly Funding Costs with respect to such Match Funding CP Conduit Purchaser is calculated by reference to a particular Discount and a particular CP Rate Period.

CP Tranche means any portion of the Series 2007-1 Class A-1 Outstanding Principal Amount funded or maintained with CP Advances.

CP Tranche means a Funding Tranche that accrues interest at the CP Rate.

CP Tranche shall have the meaning set forth in the Note Purchase Agreement.