Tranche D definition

Tranche D means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche D Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche D” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche D Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.

Tranche D means that part of the Loan made or to be made available to the Borrowers to finance up 65 per cent. of the Fair Market Value of Ship D.

Tranche D means the amount of up to USD25,000,000, being the aggregate of all of the Advances to be made available by the Lender to the Borrowers to assist Ikaria in its acquisition of Vessel D or, as the context requires, the amount thereof outstanding from time to time;

Examples of Tranche D in a sentence

• Tranche D loans under this facility, in an aggregate principal amount of up to US$ 65,000 thousand, are divided in two parts: Tranche 1D, in an aggregate principal amount of up to US$ 42,250 thousand and Tranche 2D, in an aggregate principal amount of up to US$ 22,750 thousand.

• All Tranche D loans are secured by a credit insurance policy provided by SACE S.p.A. – Servizi Assicurativi del Commercio Estero, or SACE.

• The Lenders agree, subject to and upon the terms and conditions of this Agreement, to make available Tranche D to the Borrower under the Loan Agreement.

• Borrower may request Equipment Line B Advances under ELB Tranche D at any time from the first Business Day following the ELB Tranche C Availability End Date through the ELB Tranche D Availability End Date.

• The Additional Term Loan Facility (i) shall have terms substantially similar to the Tranche D Term Loans, (ii) shall rank pari passu in right of payment and of security with the other credit facilities under the Credit Agreement and (iii) may be documented as a separate Class of Term Loans or as additional Tranche D Term Loans.

More Definitions of Tranche D

Tranche D means that part of the Loan, up to the Maximum Tranche D Amount, to be advanced to the Borrowers for the purpose of refinancing part of the Existing Indebtedness pursuant to the Existing Loan Agreement, or when the context permits, the amount advanced and for the time being outstanding.

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

Tranche D has the meaning given to it in the introduction to this agreement.

Tranche D means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche D Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche D” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche D Commitment, as adjusted from time to time pursuant to the terms hereof.

Tranche D means a part of the Loan granted to the Borrower under the terms and conditions hereof in an amount of RUB 1,000,000,000 (one billion Rubles).

Tranche D means the facility made available by the Lenders to the Borrowers under clause 2.1.1(d).

Tranche D means an amount of up to $50,000,000 to be made available in accordance with the applicable provisions of this Agreement and which is to be applied in providing the Borrower with liquidity for its general corporate purposes;