Tranche A Term definition

Tranche A Term when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans constituting such Borrowing, are made pursuant to Section 2.01(b).
Tranche A Term out Option" means the option available to the Borrowers to draw Term-out Advances under Tranche A pursuant to Clause 8.1(b) (Repayment of Tranche A Advances).
Tranche A Term means, subject to the terms and conditions of Sections 2.04 and 2.05(b), the period commencing on the Closing Date and ending on the earlier of the Conversion Date or the last day of the Tranche A Period.

Examples of Tranche A Term in a sentence

  • Company may make only one borrowing under the Tranche A Term Loan Commitments.

  • Once repaid, Tranche A Term Loans incurred hereunder may not be reborrowed.

  • Subject to Sections 2.13(a) and 2.14, all amounts owed hereunder with respect to the Tranche A Term Loans and the Tranche B Term Loans shall be paid in full no later than the Tranche A Term Loan Maturity Date and the Tranche B Term Loan Maturity Date, respectively.

  • The terms and provisions of the Tranche A New Term Loans of any Series shall be, except with respect to pricing, amortization and maturity and except as otherwise set forth herein or in the Joinder Agreement and otherwise reasonably satisfactory to Administrative Agent, identical to the Tranche A Term Loans.

  • Each such prepayment pursuant to this paragraph (b) shall be applied, first, ratably to the then outstanding Tranche A Term Loans, Tranche B Term Loans and Incremental Loans and, in each case, in the inverse order of their respective maturities, and, second, to reduce permanently the Revolving Commitments.


More Definitions of Tranche A Term

Tranche A Term. Notes shall mean collectively all of the Tranche A Term Notes of the Borrower in the form of Exhibit 1.1(T)(1) evidencing the Tranche A Term Loans, as the same may hereafter be modified, amended, restated, supplemented, refinanced, replaced, extended or renewed from time to time in accordance herewith or therewith in whole or in part, and Tranche A Term Note shall mean separately any of the Tranche A Term Notes.
Tranche A Term out Effective Date
Tranche A Term out Election Date
Tranche A Term out Election Notice
Tranche A Term out Notice Date
Tranche A Term out Percentage”
Tranche A Term. Tranche B Term Tranche C Term Swing Line Loan Loan Loan Revolving Credit Growth Capital Loan Commitments Commitments Commitments Commitments Commitments Commitments -------------- --------------- -------------- --------------- --------------- -------------- Delano Company 2,734,375.00 2,265,625.00 KZH Holding Corporation III 2,734,375.00 2,265,625.00 Continental Assurance 1,640,625.00 1,359,375.00 Company KZH-Crescent 2 Corporation 3,828,125.00 3,171,875.00 TOTAL: $75,000,000.00 $175,000,000.00 $145,000,000.00 $155,000,000.00 $100,000,000.00 $20,000,000.00 Schedule 3.05 to Credit Agreement Contingent Liabilities