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) Eurocurrency Rate Loans (other than Swingline Loans) in the aggregate outstanding hereunder at any one time during the Availability Period.

Appears in 6 contracts

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

Tranches. Notwithstanding anything to the contrary contained herein, the Borrower Parties shall not have the right to have more than seven (7) Eurocurrency Rate Loans (other than Swingline Loans) in the aggregate outstanding hereunder at any one time during the Availability Period.

Appears in 2 contracts

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

Tranches. Notwithstanding anything to the contrary contained herein, the Borrower Parties shall not have the right to have more than seven (7) Eurocurrency Rate RateTerm SOFR Loans (other than Swingline Loans) in the aggregate outstanding hereunder at any one time during the Availability Period.

Appears in 1 contract

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