Initial PSL Tranche definition

Initial PSL Tranche means a PSL Tranche consisting of 100% of the Initial PSL Revenues.
Initial PSL Tranche has the meaning assigned to that term in the Sale Agreement. “Initial Purchase Date” has the meaning assigned to that term in the Sale Agreement. “Misapplied Payment” has the meaning assigned to that term in the Sale Agreement.

Examples of Initial PSL Tranche in a sentence

  • The Seller agrees to sell the Initial PSL Tranche in accordance with the terms of the Agreement.

  • The Purchase Price for the Initial PSL Tranche shall be $40,000,000.

Related to Initial PSL Tranche

  • Initial Tranche means the first Tranche of a Series of ETP Securities issued.

  • Existing Revolver Tranche has the meaning set forth in Section 2.16(b).

  • 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).

  • Existing Tranche has the meaning specified in Section 2.19(a).

  • Extended Tranche has the meaning specified in Section 2.19(a).