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).
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(a).

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.

  • 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.

  • 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.

  • 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.

  • 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.