AXELs Series A Borrowing definition

AXELs Series A Borrowing means a borrowing consisting of simultaneous AXELs Series A Advances of the same Type made by the AXELs Series A Lenders.
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AXELs Series A Borrowing means a borrowing consisting of simultaneous AXEL Series A Advances of the same Type made by the AXELs Series A Lenders. "AXELs Series A Commitment" means, with respect to any AXELs Series A Lender at any time, the amount set forth opposite such Lender's name on Schedule I hereto under the caption "AXELs Series A Commitment' or, if such Lender has entered into one or more Assignments and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(d) as 39 9 such Lender's "AXELs Series A Commitment", as such amount may be reduced at or prior to such time pursuant to Section 2.05. "AXELs Series A Facility" means, at any time, the aggregate amount of the AXELs Series A Lenders' AXELs Series A Commitments at such time. "AXELs Series A Lender" means any Lender that has an AXELs Series A Commitment. "AXELs Series A Note" means a promissory note of the Borrower payable to the order of any AXELs Series A Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such lender resulting from the AXELs Series A Advance made by such Lender. AXELs Series B Advance" means any Existing AXELs Series B Advance or any New AXELs Series B Advance. "AXELs Series B Borrowing" means a borrowing consisting of simultaneous AXELs Series B Advances of the same Type made by the AXELs Series B Lenders. "AXELs Series B Commitment" means an Existing AXELs Series B Commitment or a New AXELs Series B Commitment. "AXELs Series B Facility" means, at any time, the aggregate amount of the AXELs Series B Lenders' AXELs Series B Commitments at such time. "AXELS SERIES B Lender" means any Existing AXELs Series B Lender or any New AXELs Series B Lender. "AXELs Series B Note" means a promissory note of the Borrower payable to the order of any AXELs Series B Lender, in substantially the form of Exhibit A-3 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from the AXELs Series B Advance made by such Lender. "Bank Hedge Agreement" means any Hedge Agreement required or permitted under Article V that is entered into by and between the Borrower and any Hedge Bank. "Base Rate" means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of: (a) the rate of interest announced publicly by Citibank in New York, New York, from time to time, as Citibank's base rate; 40
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Examples of AXELs Series A Borrowing in a sentence

  • The AXELs Series A Borrowing shall consist of AXELs Series A Advances made simultaneously by the AXELs Series A Lenders ratably according to their AXELs Series A Commitments.

Related to AXELs Series A 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.

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

  • 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.

  • 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).

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

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

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

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

  • 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.

  • 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.

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

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

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

  • 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).

  • 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.

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

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

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • 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.”

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • 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.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate 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.