Term Loan Borrowing definition

Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.
Term Loan Borrowing means a Borrowing comprised of Term Loans.
Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

Examples of Term Loan Borrowing in a sentence

  • To request a Term Loan Borrowing on the Effective Date or, First Amendment Effective Date or Second Amendment Effective Date, as applicable, the Borrower shall notify the Administrative Agent of such request in writing not later than 1:00 p.m., New York City time, two (2) Business Days2 before the date of the proposed Borrowing.

  • To request a Term Loan Borrowing on the Effective Date or First Amendment Effective Date, as applicable, the Borrower shall notify the Administrative Agent of such request in writing not later than 1:00 p.m., New York City time, two (2) Business Days2 before the date of the proposed Borrowing.

  • To request a Term Loan Borrowing on the Effective Date, the Borrower shall notify the Administrative Agent of such request in writing not later than 1:00 p.m., New York City time, two Business Days before the date of the proposed Borrowing.

  • The Initial Term B Loans comprising each ABR Term Loan Borrowing shall bear interest at the Base Rate plus the Applicable Margin for ABR Initial Term B Loans.


More Definitions of Term Loan Borrowing

Term Loan Borrowing means a Borrowing comprised of Initial Term Loans or New Term Loans, as the context may require.
Term Loan Borrowing means a Borrowing consisting of Term Loans under a particular Term Loan Facility.
Term Loan Borrowing means the Borrowing of a Term Loan.
Term Loan Borrowing means any Initial Term B Borrowing or any Borrowing of Other Term Loans.
Term Loan Borrowing has the meaning assigned to such term in Section 1.02.
Term Loan Borrowing means a borrowing consisting of simultaneous Term Loan Advances of the same Type made by the Term Loan Lenders.
Term Loan Borrowing means Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.