Tranche B Final Payment definition

Tranche B Final Payment is a fee equal to two percent (2.00%) of the Tranche B Growth Capital Advance.
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Tranche B Final Payment and together with the Tranche A Final Payments, the “Final Payments”).
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Tranche B Final Payment means the balloon payment of $38,062,500 or such other amount as may be necessary to repay Tranche B on the Tranche B Final Payment Date as a consequence of, inter alia, changed delivery dates of the GPA 654 Vessels, together with accrued but unpaid interest and any other amounts owing by the Borrower to the Facility Agent, the Security Trustee or any Lender pursuant to this Credit Facility Agreement, the Note or any Security Document;
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Examples of Tranche B Final Payment in a sentence

  • The Tranche B Advance shall be converted into part of the Tranche D Advance by applying against the Tranche D Advance all outstanding principal and interest under the Tranche B Advance plus the Tranche B Final Payment.

  • The last such monthly installment shall be made on the Tranche B Final Payment date together with the Tranche B Final Payment.


More Definitions of Tranche B Final Payment

Tranche B Final Payment means Two Hundred Fifty Thousand Dollars ($250,000).
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Related to Tranche B Final Payment

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Tranche B Notes means the promissory notes, if any, of the Borrower in favor of each Tranche B Lender provided pursuant to Section 2.4(f) or Section 2.5(f) and evidencing the Tranche B Loans of such Tranche B Lender, individually or collectively, as appropriate, as such promissory notes may be amended, modified, restated, supplemented, extended, renewed or replaced from time to time.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Tranche A Note means a promissory note evidencing Tranche A Loans, substantially in the form of Exhibit B hereto.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Final Payment Percentage is five percent (5.00%).

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Tranche B has the meaning assigned in Section 2.1(c)(i).

  • Tranche C Term Loan as defined in Section 2.1.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche B Term Loan as defined in Section 2.1.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Tranche A Notes is defined in Section 1.1.