Additional Borrowing definition

Additional Borrowing means any one or more loans, and the proceeds thereof, made by the Additional Lender to the Company and subject to any restrictions set forth in the final prospectus filed with the SEC pursuant to which the Notes are offered and sold on behalf of the Company.
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Additional Borrowing means the Loans made by the Lenders to the Borrowers pursuant to Section 2.1(b).
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Additional Borrowing means an extra amount we lend you and which is secured by the Legal Charge;
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Examples of Additional Borrowing in a sentence

  • The Issuer shall ensure that each Subordinated Loan Advance Notice will be received by the Subordinated Lender no later than on the second Business Day prior to the relevant Additional Borrowing Date.

  • The Issuer shall ensure that each Subordinated Loan Advance Notice will be received by the Subordinated Lender no later than on the second Business Day prior to the relevant Additional Borrowing Date or the relevant Renewal Date.

  • We have no obligation to grant any Additional Borrowing even if our underwriting conditions are met.

  • The provisions of this Indenture, and the rights and duties of the Company, the Servicer and the Trustee hereunder, shall at all times, anything else herein to the contrary notwithstanding, be subject to the terms and provisions of the Additional Borrowing.

  • For certainty, the Additional Borrowing Base Determinations shall not constitute a Borrowing Base Determination pursuant to Section 3.10(b)(i) of the Credit Agreement.

  • Lender shall give PRIOR written notice to Borrower of disclosures made under subsections (ii) through (vi) hereof.

  • The provisions of Section 3.10 of the Credit Agreement shall apply to each Additional Borrowing Base Determination in all respects.

  • It includes each Additional Borrowing and further loans or advances made after the date of the original loan.

  • The Administrative Agent shall deposit into the Current Account (i) Additional Borrowing Amounts pursuant to Section 4.2(b)(ii) and (ii) amounts on deposit in the Revenue Account as specified in Section 8.12(a).

  • Any Additional Borrowing is subject to these Conditions and any variation made at that time.


More Definitions of Additional Borrowing

Additional Borrowing shall have the meaning set forth in Section 2.01(c) of the Participation Agreement.
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Additional Borrowing means each and every additional advance made by the Society to the Borrower other than the First Advance;
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Related to Additional Borrowing

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

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

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

  • 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.

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

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

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

  • 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.

  • 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).

  • 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.”

  • 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.

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

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

  • Notice of Committed Borrowing has the meaning specified in Section 2.02(a).

  • Canadian Borrowing means a Borrowing of Canadian Loans.

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

  • Committed Borrowing means a borrowing consisting of simultaneous Committed 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.

  • 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).

  • 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.

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

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

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

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

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

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.