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Common use of Tranches Clause in Contracts

Tranches. Notwithstanding anything to the contrary contained herein, the Borrower Parties shall not have the right to have more than seven (7)

Appears in 4 contracts

Sources: Revolving Credit Agreement (TCW Direct Lending VII LLC), Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending VII LLC)

Related Clauses

  • Incremental Loans
  • Incremental Facility
  • Repayment with Revolving Loans
  • Longevity Increments
  • Repayment of Revolving Loans

Parent Clauses

  • Manner of Borrowing
  • Miscellaneous
  • Revolving Credit Loans
  • Amounts and Terms of the Loans
  • Revolving Credit Loans and Letters of Credit

Sub-Clauses

  • Illegality
  • Generally
  • LIBO Rate Inadequate; Inability to Determine LIBO Rate
  • Tranche 1
  • Tranche 3
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