Tranche A Loan Commitment definition

Tranche A Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche A Loan and “Tranche A Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche A Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche A Loan Commitments as of the Closing Date is $30,000,000.
Tranche A Loan Commitment means the several obligations of the Lenders to advance the sum of $21,447,106.25, in accordance with their respective Term Commitment Ratios, to the Borrowers pursuant to the terms hereof.
Tranche A Loan Commitment means, with respect to each Lender, the commitment of such Lender to make available to the Borrower its portion of the Tranche A Loan up to the amount set forth in Schedule 2.01 hereto, as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement.

Examples of Tranche A Loan Commitment in a sentence

  • No Lender shall have an obligation to make a Tranche A Loan in excess of such Xxxxxx’s Tranche A Loan Commitment.

  • The Pro Rata Share of the Canadian Tranche A Loan of any Canadian Tranche A Lender shall not at any time exceed its separate Canadian Tranche A Loan Commitment.

  • Based on rigorous academic research, Managing the Multi-Generational Workforce identifies the characteristics of the different generations, considers their expectations and values, and how these influence the way they relate to each other.

  • The US Tranche A Loan Commitment may, in addition to US Tranche A Revolving Credit Advances, be utilized (subject to the limitations imposed by Section 1.1(a)), upon the request of US Borrower Representative on behalf of the applicable US Borrower, for the issuance of US Letters of Credit.

  • Any reduction of the US Tranche A Loan Commitment shall not result in a pro rata or any other reduction of the US L/C Sublimit unless so designated in writing by US Borrower Representative or, unless the US Tranche A Loan Commitment is reduced below $25,000,000, of the Canadian Commitment.


More Definitions of Tranche A Loan Commitment

Tranche A Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche A Loan and “Tranche A Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche A Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche A Loan Commitments as of the Closing Date is $25,000,000. “Tranche B Loan” means each loan advanced by a Lender pursuant to Section 2.01(b). For purposes of clarification, any calculation of the aggregate outstanding principal amount of the Tranche B Loan on any date of determination shall mean the aggregate principal amount of the Tranche B Loan made pursuant to Section 2.01(b) that has not yet been repaid as of such date. “Tranche B Loan Borrowing Date” means with respect to the Tranche B Loan, the Business Day on which all conditions set forth in Section 6.02 have been satisfied or waived by the Lenders and the Tranche B Loan is made hereunder. “Tranche B Loan Commitment” means the commitment of a Lender to make or otherwise fund a Tranche B Loan and “Tranche B Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Loan Commitment, if any, is
Tranche A Loan Commitment means an amount equal to Five Million and No/100 Dollars ($5,000,000.00).
Tranche A Loan Commitment. Tranche B Loan Commitment" and "Tranche C Loan Commitment" have the respective meanings specified in Section 2.01.
Tranche A Loan Commitment means, for each Lender, the amount set for the opposite such lender's name in Schedule I hereto directly below the column entitled "Tranche A Loan Commitment", as same may be reduced from the time pursuant to Sections 2.06 and/or 2.07 of the Credit Agreement or adjusted from time to time as a result of assignments to or from such Lender pursuant to Section 10.11(a) of the Credit Agreement.
Tranche A Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche A Loans to the Borrowers in the amount set forth opposite such Lender's name in Appendix A-1 hereto, as such amount may be terminated or reduced from time to time in accordance with the terms of this Agreement.
Tranche A Loan Commitment means the commitment of the Lender to make the Tranche A Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed $2,239,851.
Tranche A Loan Commitment. TRANCHE A NOTE": as defined in subsection 10.1(e). "TRANCHE B COMMITMENT PERCENTAGE": as to any Tranche B Lender (a) at any time prior to or on the Closing Date, the percentage which the Tranche B Loan Commitment of such Tranche B Lender then constitutes of the Aggregate Tranche B Loan Commitment or (b) at any time after the Closing Date, the percentage which the Tranche B Loan of such Tranche B Lender then constitutes of the aggregate principal amount of Tranche B Loans then outstanding. "TRANCHE B LENDER": at any date, each bank or other financial institution which holds (prior to the Closing Date) a Tranche B Loan Commitment or (from and after the Closing Date) a Tranche B Loan hereunder; collectively, the "TRANCHE B LENDERS". "TRANCHE B LOAN": as defined in subsection 3.1. "TRANCHE B LOAN COMMITMENT": as to any Tranche B Lender, its obligation to make Tranche B Loans to the Company hereunder in an aggregate principal amount not to exceed the amount set forth opposite such Tranche B Lender's name on Schedule I under the heading "Tranche B Loan Commitment". "TRANCHE B NOTE": as defined in subsection 10.1(e). "TRANSFEREE": as defined in subsection 17.7(f). "TYPE": as to any Loan, its nature as an ABR Loan or a Eurocurrency Loan.