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 the borrowing consisting of additional C Term Loans provided pursuant to Sections 2.01(b) (if any).
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Examples of Additional Borrowing in a sentence

  • 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.

  • 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).

  • On the Closing Date and on the date of each Additional Borrowing, the delivery of the Senior Notes and the Warrants to the Lenders, and on each date of any issuance of Common Stock or other securities issuable upon exercise of any Warrant, the issuance of such Common Stock or other securities, will transfer to the Lenders good and valid title to the Senior Notes, the Warrants and such Common Stock or other securities, free and clear of all Liens.

  • On the Additional Borrowing Date, the Borrower ---- shall have paid to the Agent and the Lenders all Fees and expenses agreed upon by such parties to be paid on or prior to such date.

  • On the Additional Borrowing Date, -------------------- the Agent shall have received a solvency certificate, executed by the chief financial officer or president of the Borrower, substantially in the form of Exhibit V.

  • The Borrower shall no later ------------------------ than 90 days following the Additional Borrowing Date enter into Interest Rate Agreements, reasonably acceptable to the Agent, establishing a fixed or maximum interest rate based on a eurodollar rate in respect of at least 50% of the aggregate principal amount of Term Loans for a period which shall be satisfactory to the Agent.

  • Each Additional Borrowing shall be deemed to constitute a representation and warranty by each Borrower on the Additional Borrowing Date as to the matters specified in Sections 5.2 and 5.5.

  • Except as otherwise permitted by ------------------- Section 8.2, Holdings will not, and will not permit any of its Subsidiaries to, substantively alter the character of the business of the Borrower and its Subsidiaries from that conducted at the Additional Borrowing Date (after giving effect to the consummation of the Devon Acquisition).

  • If the Borrower agrees to borrow additional amounts from any other lender (the "Additional Borrowing"), the Lenders agree to negotiate in good faith concerning the sharing of the Collateral and to enter into an intercreditor agreement and any related documents, as necessary, with such other lender on terms mutually acceptable to such parties and in a manner which will facilitate the execution of the documents related to the Additional Borrowing.

  • The Administrative Agent shall have received, for each of the Additional Borrowing Base Properties, each of the documents required by Section 5.3 of the Credit Agreement other than, subject to Section 4 hereof, those Third Party Reports which the Borrower certifies it is unable to obtain on or prior to the Amendment Effective Date, due to timing restrictions arising from the COVID-19 pandemic.


More Definitions of Additional Borrowing

Additional Borrowing means an extra amount we lend you and which is secured by the Legal Charge;
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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 by the Borrower under 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, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • 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 Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Initial Revolving Borrowing means one or more borrowings of Dollar Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of “Permitted Initial Revolving Borrowing Purposes.”

  • 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 set forth in Section 2.02.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • 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 Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • 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 Advances of the same Type made by the Term A Lenders.

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