Tranche H definition

Tranche H means the credit facility provided pursuant to Section 2.1 to or for the benefit of the Company by the Banks with a Tranche H Commitment, which such facility shall consist of Loans (and participations in Swingline Loans) in the currencies referenced under the heading “Tranche H” on Schedule 1.1 and shall be in the maximum aggregate amount of the Tranche H Commitments of such Banks, as adjusted from time to time pursuant to the terms hereof.
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Tranche H means that part of the Loan, up to the Maximum Tranche H Amount, to be advanced to the Borrowers for the purpose of financing part of the purchase price of Vessel H, or when the context permits, the amount advanced and for the time being outstanding.
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Tranche H means that part of the Loan made or to be made available to the Borrowers to finance up to 65 per cent. of the Fair Market Value of Ship H.
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Examples of Tranche H in a sentence

  • Tranche H Shares are not redeemable by a shareholder until such Special Investment attributable to such Shares is realized or distributed.

  • On July 1, 2015, the Company issued $8.0 million Tranche H secured debentures to Glencore that bear interest at 12-month US dollar LIBOR plus 8.0%.

  • Tranche H consists of fixed-rate bonds, tradable through mutual agreement and repayable in fine upon the maturity of 7 years.

  • The Respondent requests that costs be imposed on Applicant Diab El-Tabari for a manifest abuse of the proceedings.

  • Subject to the terms and conditions set forth herein, each Tranche H Term Loan outstanding under the Existing Credit Agreement immediately prior to the New Restatement Effective Date shall remain outstanding under this Agreement as a Tranche H Term Loan.

  • The Board listed the ben- eficiaries of Tranche H, the number of options to be allocated to each beneficiary and the subscription price.

  • Settlement is expected to take place in March 2021.On 27 October 2020, the Company issued $125.0 million of senior secured 7 year green bonds (ARG030) with a fixed rate of 2.20% per annum.On 29 October 2020, the Company has cancelled Tranches A and C of the syndicated banking facility and reduced the Tranche H limit from $50.0 million to $25.0 million.

  • However, the safeguards that ECRE proposes are still valid and will ensure better level of protection for asylum seekers intercepted in the course of joint operations.

  • In January 2020, approximately 1,400 tonnes of supplies were delivered to site via the winter road with the delivery of the new drill rig and excavator still in progress.In December 2019, the Company it had increased its existing facilities agreement with two US$2 million additional tranches (Tranche H and Tranche I) the funds will be used to acquire XRT processing equipment and for flotation line construction.

  • Tranche H Term Loans may from time to time be Eurodollar Loans or Base Rate Loans as determined by the Borrowers and notified to the Administrative Agent in accordance with Sections 2.09 and 4.05.


More Definitions of Tranche H

Tranche H means that part of the Loan to be advanced in one Drawing to the Borrower either concurrently with the Delivery Date of Vessel H or, if the relevant Collateral Owner has already purchased Vessel H from the relevant Seller, to refinance the Purchase Price of Vessel H, but in any event no later than the Availability Termination Date which shall not exceed the Maximum Sum for Vessel H in connection with the purchase of Vessel H or, where the context permits, the amount advanced and for the time being outstanding.
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Tranche H means that part of the Loan made available to the Borrowers to refinance the purchase price of Ship H.
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Tranche H means that part of the Loan made or to be made available to the Borrowers in an amount not exceeding the relevant Tranche Amount to refinance the Existing Indebtedness over Ship H under Existing Agreement C or, as the case may be, the Existing Indebtedness over the relevant Substitute Ship of Ship H under the relevant Substitute Ship Existing Agreement, and for general corporate purposes or (as the context may require) the principal amount of such borrowing outstanding for the time being.
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Tranche H. (A TERM NOTE CREDIT FACILITY)
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Tranche H. (A TERM NOTE CREDIT FACILITY)
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Related to Tranche H

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

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

  • Tranche 2 has the meaning set forth in Section 2.2(a)(ii).

  • Tranche 1 January 1, 2015 through December 31, 2015, which is allotted 25% of the Target Award,

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

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

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

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

  • Tranche C Lender means each Lender that has a Tranche C Commitment on Schedule 2.1 or any Lender to which a portion of the Tranche C Commitment hereunder has been assigned pursuant to an Assignment and Assumption.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

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

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche B Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche A Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $50,000,000.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Advance has the meaning specified in Section 2.01(a).