Tranche A Term Borrowing means Tranche A Term Loans of the same Class and Type made, converted or continued on the same date and, in the case of Eurocurrency Loans, as to which a single Interest Period is in effect.
Tranche A Term Borrowing means a borrowing of Tranche A Term Loans.
Examples of Tranche A Term Borrowing in a sentence
When an investor is comparing ratings, they are comparing symbols along a scale, so actually they are comparing scales, in much the same way as there are two temperature scales – Fahrenheit and Celsius.The approach described here, for clarity we call it the Karminsky method, relies on the assumption that the credit (financial) risk of a single entity is the same when measured by different rating agencies.
Borrowings also may be classified and referred to by Class (e.g., a "Tranche A Term Borrowing") or by Type (e.g., a "Eurodollar Borrowing") or by Class and Type (e.g., a "Eurodollar Tranche A Term Borrowing").
The Tranche A Term Borrowing made on the Closing Date shall consist of Tranche A Term Loans made simultaneously by the Tranche A Term Lenders ratably according to their Tranche A Term Commitments.
Each Tranche A Term Borrowing shall consist of Tranche A Term Loans made simultaneously by the Tranche A Term Lenders ratably in accordance with their respective Tranche A Term Loan Commitments.
The Tranche A Term Borrowing shall consist of Tranche A Term Advances made simultaneously by the Lenders ratably according to their Tranche A Term Commitments.
More Definitions of Tranche A Term Borrowing
Tranche A Term Borrowing means a borrowing consisting of simultaneous Tranche A Term Advances of the same Type made by the Tranche A Term Lenders.
Tranche A Term Borrowing means a Borrowing comprised of Tranche A Term Loans or Incremental Tranche A Term Loans.
Tranche A Term Borrowing means a Borrowing comprised of Tranche A Term Loans. "Tranche A Term Loan Closing Date" shall mean the date on which Tranche A Term Loans are made. "Tranche A Term Loan Repayment Amount" shall have the meaning assigned to such term in Section 2.11(a). "Tranche A Term Loan Repayment Date" shall have the meaning assigned to such term in Section 2.11(a). "Tranche A Term Loans" shall mean the term loans made by the Lenders to the Borrower pursuant to clause (a) of Section 2.01. Each Tranche A Term Loan shall be either a Eurodollar Term Loan or an ABR Term Loan. "Tranche B Commitment" shall mean, with respect to each Lender, the commitment of such Lender to make a Tranche B Term Loan hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Tranche B Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04 "Tranche B Maturity Date" shall mean September 30, 2000. "Tranche B Term Borrowing" shall mean a Borrowing comprised of Tranche B Term Loans. "Tranche B Term Loan Closing Date" shall mean the date on which Tranche B Term Loans are made. "Tranche B Term Loan Repayment Amount" shall have the meaning assigned to such term in Section 2.11(b). "Tranche B Term Loan Repayment Date" shall have the meaning assigned to such term in Section 2.11(b). "Tranche B Term Loans" shall mean the term loans made by the Lenders to the Borrower pursuant to clause (b) of Section 2.01. Each Tranche B Term Loan shall be either a Eurodollar Term Loan or an ABR Term Loan. "Transactions" shall have the meaning assigned to such term in Section 3.02. "Type", when used in respect of any Loan or Borrowing, shall refer to the Rate by reference to which interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, the term "Rate" shall include the Adjusted LIBO Rate and the Alternate Base Rate. "wholly owned Subsidiary" of any person shall mean a subsidiary of such person of which securities (except for directors' qualifying shares) or other ownership interests representing 100 percent of the equity or 100 percent of the ordinary voting power or 100 percent of the general partnership interests are, at the time any determination is being made, owned, controlled or held by such person or one or more wholly owned subsidiaries of such person ...
Tranche A Term Borrowing means a Borrowing hereunder consisting of ------------------------ Tranche A Term Loans made to the Borrower on the Restatement Effective Date by way of conversion of the Original Tranche A Term Loans by the Lenders ratably according to their respective Tranche A Term Commitment Percentages and in the case of Eurodollar Loans, having the same Interest Periods, provided that (i) -------- any Base Rate Loans incurred pursuant to Section 4.02 shall be considered as ------------ part of the related Tranche A Term Borrowing of Eurodollar Loans and (ii) each Borrowing applicable to each of the Original Tranche A Term Loans outstanding on the Restatement Effective Date shall continue to be applicable thereto as if the Original Credit Agreement had not been amended and restated as herein provided (although such
Tranche A Term Borrowing means a borrowing consisting of simultaneous Tranche A Term Loans of the same Type and, in the case of LIBOR Loans, having the same Interest Period, made by each of the Tranche A Term Lenders pursuant to Section 2.02. “Tranche A Term Credit Exposure” means, as to any Lender at any time, the aggregate principal amount at such time of its outstanding Tranche A Term Loans. “Tranche A Term Lender” means each Lender that has a Tranche A Term Loan Commitment or, following termination of the Tranche A Term Loan Commitments, has Tranche A Term Credit Exposure. “Tranche A Term Loan” means a Base Rate Loan or a LIBOR Loan made to the Borrowers pursuant to Section 2.01(b). “Tranche A Term Loan Commitment” means, as to each Tranche A Term Lender, its obligation to make Tranche A Term Loans to the Borrowers pursuant to Section 2.01(b) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Tranche A Term Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Tranche A Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The aggregate Tranche A Term Loan Commitment for all Tranche A Term Lenders is $40,357,469. “Tranche A Term Loan Facility” means the facility described in Section 2.01(b), providing for Tranche A Term Loans to the Borrowers. 34
Tranche A Term Borrowing means the Original Tranche A Term Borrowing and the Additional Tranche A Term Borrowing. “Tranche A Term Commitment” means the Original Tranche A Term Commitment and the Additional Tranche A Term Commitment. “Tranche A Term Facility” has the meaning specified in the definition of “Facility.” “Tranche A Term Lenders” means the Original Tranche A Term Lenders and the Additional Tranche A Term Lenders. “Tranche A Term Loans” means the Original Tranche A Term Loans and the Additional Tranche A Term Loans. “Transaction” means, collectively (i) the Stock Buy-Back, (ii) the issuance of the Senior Notes, (iii) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date and (iv) the payment of Transaction Expenses. “Transaction Expenses” means any fees or expenses incurred or paid by the Borrower (or any direct or indirect parent of the Borrower) or any of its (or their) Subsidiaries in connection with the Transaction (including expenses in connection with hedging transactions), this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby. “Transferred Guarantor” has the meaning specified in Section 11.09. “Treasury Capital Stock” has the meaning set forth in Section 7.05(b)(2). “Treasury Services Agreement” means any agreement between any Loan Party and any Hedge Bank relating to commercial credit or debit card, merchant card, or purchasing card programs (including non-card e-payables services), or treasury, depository, or cash management services (including automatic clearing house transfer of funds, overdraft, 64 1002217597 1001820109v3
Tranche A Term Borrowing means the Original Tranche A Term Borrowing and the Additional Tranche A Term Borrowing.”4 (j) By amending and restating the definition of “Tranche A Term Commitment” as follows: