Tranche C Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche C Loan and “Tranche C Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche C Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche C Loan Commitments as of the Closing Date is $10,000,000.
Tranche C Loan Commitment means the commitment of a Lender to make or otherwise fund a Tranche C Loan and “Tranche C Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche C Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche C Loan Commitments after giving effect to the Tranche C Term Loan made on the Tranche C Loan Borrowing Date is $0. “Tranche D Loan” means each loan advanced by a Lender pursuant to Section 2.01(d). For purposes of clarification, any calculation of the aggregate outstanding principal amount of the Tranche D Loan on any date of determination shall mean the aggregate principal amount of the Tranche D Loan made pursuant to Section 2.01(d) that has not yet been repaid as of such date. “Tranche D Loan Borrowing Date” means with respect to the Tranche D Loan, the Business Day on which all conditions set forth in Section 6.04 have been satisfied or waived by the Lenders and the Tranche D Loan is made hereunder. “Tranche D Loan Commitment” means the commitment of a Lender to make or otherwise fund a Tranche D Loan and “Tranche D Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche D Loan Commitment, if any, is set forth on Schedule 1. The aggregate amount of the Tranche D Loan Commitments as of the Third Amendment Effective Date is $7,500,000. “Tranche D Loan Commitment Termination Date” means June 30, 2022. “Transactions” means the execution, delivery and performance by each Obligor of this Agreement and the other Loan Documents to which such Obligor is a party and the other transactions contemplated hereby and thereby, including disbursement and application of the proceeds of the Loans. “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of
Tranche C Loan Commitment means, with respect to each Lender, the commitment of such Lender to make available to the Borrower its portion of the Tranche C Loan up to an amount equal 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 C Loan Commitment in a sentence
No Lender shall have an obligation to make a Tranche C Loan in excess of such Xxxxxx’s Tranche C Loan Commitment.
The Tranche C Loan Commitment Termination Date shall not have occurred.
No Lender shall have an obligation to make a Tranche C Loan in excess of such Lender’s Tranche C Loan Commitment.
The Borrower may submit only one Notice of Tranche C Loan Borrowing in respect of Tranche C Loans that are Salmon Falls Loans, and the aggregate amount requested thereunder may not exceed the least of (i) the then-available Tranche C Loan Commitment, (ii) $27,000,000 and (iii) the amount that Borrower demonstrates to the satisfaction of the Administrative Agent meets the requirements of Section 3.6(f).
The Borrower shall have the right, upon at least three Business Days' prior notice to the Administrative Agent, to terminate in whole or permanently reduce ratably in part the unused portions of the Tranche C Loan Commitment; PROVIDED, HOWEVER, that each partial reduction shall be in the aggregate amount of not less than $5,000,000 or an integral multiple of $5,000,000 in excess thereof.
More Definitions of Tranche C Loan Commitment
Tranche C Loan Commitment means the commitment of a Lender to make Tranche C Loans to Company pursuant to subsection 2.1A(iii), and "Tranche C Loan Commitments" means such commitments of all Lenders in the aggregate.
Tranche C Loan Commitment means, with respect to each Bank, the ------------------------- amount committed by such Bank pursuant to this Agreement with respect to the Tranche C Loan as set forth on the signature pages hereto, as such amount may be reduced from time to time pursuant to Sections 2.10 and 2.11.
Tranche C Loan Commitment means the agreement of the Lender to continue the Existing Tranche C Loan on the Closing Date, the agreement of the Lender to make additional Tranche C Loans to the Borrower after the Closing Date pursuant to clause (a)(i) of the Acquisition Guidelines and the option of the Lender to make Tranche C Loans to the Borrower pursuant to clause (a)(ii) and clause (b)(ii) of the Acquisition Guidelines, all in an aggregate principal amount not to exceed $30,000,000 at any time less the aggregate amount outstanding under the Tranche A Loan and Tranche B Loan at such time.
Tranche C Loan Commitment the commitment of the Lender to make the Tranche C Loan to the Borrower pursuant to Section 2.01(c) in an aggregate principal amount not to exceed $3,000,000.
Tranche C Loan Commitment has the meaning specified in Section 4.1.(a)
Tranche C Loan Commitment means, as to any Bank, the obligation of such Bank to make on the Closing Date Tranche C Loans to the Borrowers in an aggregate principal amount up to but not exceeding the amount set forth next to such Bank's name on Schedule 1 hereto under the caption "Tranche C Loan Commitment" (as the same may be modified as a result of an assignment pursuant to Section 11.6 hereof or reduced pursuant to Section 2.3 hereof). "Tranche C Notes" shall mean the promissory notes of the Company evidencing the Tranche C Loans, substantially in the form of Exhibit 2.8-3 hereto. "Tranche C Share" shall mean, at any date of determination thereof, a fraction, the numerator of which is the aggregate principal amount of the Tranche C Loans outstanding on such date, and the denominator of which is the aggregate principal amount of all the Loans outstanding on such date. 1.2
Tranche C Loan Commitment means, relative to each Lender, the obligation of such Lender to make Tranche C Loans to the Borrower hereunder in an aggregate principal amount set forth under "Tranche C Loan Commitment" opposite such Xxxxxx's name on SCHEDULE 1.1(a).