First tranche meaning
WebFirst Tranche Payment. definition. First Tranche Payment means the amount payable to a Recipient identified on Exhibit I under the column headed “First Tranche Payment”. … WebUnitranche debt refers to a mixed loan structure that combines the benefits of senior debt with subordinated debt into a single loan package. The concatenation of highest-priority debt and lower-ranking debt, or first- …
First tranche meaning
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WebTrading. In structured finance, a tranche is one of a number of related securities offered as part of the same transaction. In the financial sense of the word, each bond is a … WebPrimary Tranche means the primary tranche of Commitments under this Credit Agreement in which all Lenders participate in funding Loans and participate in Letters of Credit. The Primary Tranche, for the avoidance of doubt, does not include the Temporary Increase Tranche. Primary Tranche means any issuance of new shares by Congonhas Minérios …
Web22 hours ago · The Company raised an aggregate of $378,649.97 pursuant to Tranche One, of which $251,000 was raised on the issuance of 2,510,000 flow-through units and $127,649.97 was raised on the issuance of ... WebChad Williams, Non-Executive Chairman of Honey Badger, acquired 3,333,334 HD Units in the first tranche closing for total gross proceeds to the Company of $500,000. ... This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates ...
WebFirst Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement. Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $ [AMOUNT], as ... WebMay 16, 2024 · A tranche is a specific portion of an investment that has been divided up into smaller parts. The word “tranche” can also mean the entire investment itself. In finance, it typically refers to a loan or other financial instrument that is made up of different portions or segments. Reference: tranche investment.
WebThe most popular division of a CDO is in three segments: the first and safest, is the Senior Tranche; followed by the Mezzanine Tranche and then Equity Tranche, which will be responsible for the first wave of losses, and it is the riskiest of all tranches.
Web1. A portion of a total, especially of a block of assets such as cash or securities: the riskiest tranche of the bond offering; money delivered in two tranches. 2. A cut or slice of meat: … diamond ocean apexWebThe first is a senior stretch loan that provides five to six turns of leverage, which describes the borrower’s debt-to-EBITDA leverage ratio. By contrast, bifurcated loans are sliced into the first-out and last-out loans like those … cirium choppy ride for carriersWeb(Example: The manager received the first traunch of the women's fund.) As a noun, traunch refers to one out of a series of funds for a certain purpose. It also refers to one set of a series. (Example: According to our contract, … diamond oats price in sri lankaWebDepending on the state, cities began allocating the first tranche of funding on May 10, 2024 and funding distribution continued throughout the Summer. The second tranche with the remaining balance of funds will be released no sooner than 12 months after distribution of the initial funds. ... The definition of General Revenue draws on the Census ... cirium cancelled flightsWebNov 8, 2024 · The organisations that saw their first tranche sales rise the most in 2016 gained more collectively – 2,396 – than the top 25 risers in 2015 – 1,526. Similarly, the organisations that have seen their first tranche sales fall furthest in 2016 lost fewer sales collectively – 901 – than their equivalents did in 2015 – 1,217. diamond oak wedding venue clear lakeWebFirst Tranche Note. definition. First Tranche Note has the meaning set forth in Section 2.01 (a). First Tranche Note means the convertible loan note in the form set out in … diamond ocean blackhawkWebA tranche is a piece or a part of something, usually money. An installment of a loan is a tranche. The noun tranche comes from the French word trancher, "to cut," which should help you remember that a tranche is a portion of something, not the whole thing. diamond oblong face shape