Refunding Borrowing definition

Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

Refunding Borrowing a borrowing of Revolving Credit Loans which, after application of the proceeds thereof, results in no net increase in the aggregate outstanding principal amount of Revolving Credit Loans made by any Lender.

Refunding Borrowing means a Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Loans made by any Lender.

Examples of Refunding Borrowing in a sentence

• Under the Personal Guarantee, Mr Leviev proposes to guarantee for a period of 12 months all the obligations of Krown under the Ozerkovskaya III Loan Facility and all the obligations of the Company as a guarantor of Krown’s obligations under the Ozerkovskaya III Loan Facility.The Standstill and Deferrals will be effected as addenda (the "Addenda") to the Ozerkovskaya III Loan Facility and the AFIMALL City Loan Facility, respectively.

• A Notice of Borrowing or Notice of Refunding Borrowing is prepared indicating Electric or Water and the type of borrowing (Taxable, Taxable Term or Tax-Exempt Note).

• However, in the presence of a stronger vacuum, it is believed that the high permeability plates would be a suitable substitute for current sublimator plates.

More Definitions of Refunding Borrowing

Refunding Borrowing means a Borrowing which, after application of the proceeds thereof, results in no net increase in the aggregate outstanding principal amount of the Loans made by any Bank.

Refunding Borrowing means a Borrowing made solely for the purpose of refinancing a Eurodollar Tranche on the expiration of the Interest Period applicable thereto or for the purpose of converting all or any part of an Adjusted Base Rate Tranche to a Eurodollar Tranche, in each case in the manner contemplated by Section 2.6(c) and which does not result in any increase in the outstanding principal balance of the Loan. Refunding Borrowings may be Adjusted Base Rate Borrowings or Eurodollar Borrowings.

Refunding Borrowing is defined in Section 3.C(d) hereof.

Refunding Borrowing is defined in Section 2.2(d) hereof.

Refunding Borrowing means (i) a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank and (ii) the selection of an interest rate for any Segment of the Term Loans for any Interest Period.

Refunding Borrowing is defined in Section 1.4(a) hereof.

Refunding Borrowing shall have the meaning set forth in Section 4.2 below.