Tranche A Percentage definition

Tranche A Percentage means, with respect to any Tranche A Lender at any time, the percentage of the aggregate Tranche A Commitments represented by such Tranche A Lender’s Tranche A Commitment at such time; provided that if the Tranche A Commitments have expired or been terminated, the Tranche A Percentages shall be determined on the basis of the Tranche A Commitments most recently in effect, giving effect to any assignments.
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Tranche A Percentage means, with respect to each Participant, the percentage set forth under the caption "Tranche A Percentage" opposite such Participant's name on Part A of Schedule I, or, if changed, such percentage as may be set forth for such Participant in the Register.
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Tranche A Percentage means at any time for each Bank the percentage obtained by dividing such Bank's Tranche A Revolving Loan Commitment (if any) by the Total Tranche A Revolving Loan Commitment; provided that at any time when the Total Tranche A Revolving Loan Commitment shall have been terminated, each Bank's Tranche A Percentage shall be the percentage obtained by dividing such Bank's Tranche A Revolving Loan Commitment (if any) immediately prior to such termination by the Total Tranche A Revolving Loan Commitment immediately prior to such termination.
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Examples of Tranche A Percentage in a sentence

  • With respect solely to the initial Borrowing of the Construction Loans, the Borrower shall have delivered to the Administrative Agent an updated Projected Amortization Schedule, modified solely to include the Tranche A Notional Amortization and the Tranche A Percentage Amortization.

  • The Tranche A Percentage so certified shall be the Tranche A Percentage for such piece of Equipment for the duration of the Term.

  • In consideration and in furtherance of the foregoing, each Tranche A Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent, for the account of such Issuing Bank, such Lender’s Tranche A Percentage of each LC Disbursement made by such Issuing Bank and not reimbursed by the applicable Borrower on the date due as provided in paragraph (e) of this Section, or of any reimbursement payment required to be refunded to the applicable Borrower for any reason.

  • By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further action on the part of the applicable Issuing Bank or the Lenders, the applicable Issuing Bank hereby grants to each Tranche A Lender, and each Tranche A Lender hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such Lender’s Tranche A Percentage from time to time of the aggregate amount available to be drawn under such Letter of Credit.

  • The Letter of Credit Issuer shall refund any costs and expenses reimbursed by such Lender that are subsequently recovered from the Borrower in an amount equal to such Lender's Tranche A Percentage thereof.


More Definitions of Tranche A Percentage

Tranche A Percentage means, as to any Tranche A Lender, the percentage which such Tranche A Lender’s Tranche A Commitment is of the aggregate amount of Tranche A Commitments of all Tranche A Lenders.
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Tranche A Percentage means, with respect to a Property, a fraction, expressed as a percentage, equal to (a) the Maximum Residual Guarantee Amount of such Property divided by (b) the Property Cost of such Property.
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Tranche A Percentage as of any date and with respect to each Tranche A Lender, the percentage equal to a fraction (i) the numerator of which is the Tranche A Commitment of such Tranche A Lender on such date (or, if there are no Tranche A Commitments on such date, such Tranche A Lender's Tranche A Exposure on such date), and (ii) the denominator of which is sum of the Aggregate Tranche A Commitments on such date (or, if there are no Tranche A Commitments on such date, the Aggregate Tranche A Exposure on such date).
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Tranche A Percentage means for each Bank the percentage obtained by dividing such Bank's Tranche A Commitment by the Total Tranche A Commitment, PROVIDED that if the Total Tranche A Commitment has been
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Tranche A Percentage means, as of any date of determination, the quotient (expressed as a percentage to the second decimal point) of: (a) the aggregate unutilized amount of Tranche A Loan Commitment divided by (b) the Available Construction Commitment Amount."; and
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Tranche A Percentage means the percentage set forth on Schedule III hereto as the "Tranche A Percentage."
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Tranche A Percentage means (a) with respect to each Participant at any time prior to the Commitment Termination Date, the percentage set forth under the caption "Tranche A Percentage" opposite such Participant's name in Part A(1) of Schedule I and (b) with respect to each Participant at any time on or after the Commitment Termination Date, the percentage set forth under the caption "Tranche A Percentage" opposite such Participant's name in Part A(2) of Schedule I; or in the case of either such percentage, if changed, such percentage as may be set forth for such Participant in the Register.
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