Acquisition Term Borrowing definition

Acquisition Term Borrowing means a borrowing consisting of simultaneous Acquisition Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Acquisition Term Lenders pursuant to Section 2.01(d).
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Examples of Acquisition Term Borrowing in a sentence

  • The Acquisition Term Borrowing shall consist of Acquisition Term Loans made simultaneously by the Acquisition Term Lenders in accordance with their respective Applicable Percentages of the Acquisition Term Commitments.

  • The Acquisition Term Borrowing shall consist of Acquisition Term Loans made simultaneously by the Acquisition Term Lenders in accordance with their respective Applicable Percentage of the Acquisition Term Facility.

  • After giving effect to the Acquisition Term Borrowing, all conversions of Acquisition Term Loans from one Type to the other, and all continuations of Acquisition Term Loans as the same Type, there shall not be more than three (3) Interest Periods in effect in respect of the Acquisition Term Facility.

  • Acquisition Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Acquisition Term Borrowing made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Acquisition Term Borrowing.

  • Acquisition Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Acquisition Term Borrowing made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Acquisition Term Borrowing.(b) Term Loan Borrowing.

Related to Acquisition Term Borrowing

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Term 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 Lenders pursuant to Section 2.01(a).

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • 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.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).