B Borrowing definition

B Borrowing means a borrowing consisting of simultaneous B Advances from each of the Lenders whose offer to make one or more B Advances as part of such borrowing has been accepted by the Borrower under the auction bidding procedure described in Section 2.03.
B Borrowing means a borrowing consisting of simultaneous B Advances to the Borrower from each of the Lenders whose offer to make one or more B Advances as part of such borrowing has been accepted by the Borrower under the auction bidding procedure described in Section 2.19, it being understood that there may be more than one B Borrowing on a particular day.
B Borrowing means a borrowing consisting of simultaneous B ----------- Advances from each of the Lenders whose offer to make one or more B Advances as part of such borrowing has been accepted by the Company under the auction bidding procedure described in Section 2.03.

Examples of B Borrowing in a sentence

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

  • A Class A Borrowing Base Deficiency or, during the Availability Period, a Class B Borrowing Base Deficiency continues for more than two (2) Business Days.

  • After giving effect to such Advance, there should not exist a Class A Borrowing Base Deficiency or a Class B Borrowing Base Deficiency.


More Definitions of B Borrowing

B Borrowing means a borrowing consisting of simultaneous B Advances to the Borrower from each of the Banks whose offer to make one or more B Advances as part of such borrowing has been accepted by the Borrower under the auction bidding procedure described in Section 2.04.
B Borrowing means a borrowing consisting of simultaneous B Advances to the Borrower from each of the Banks whose offer to make one or more B Advances as part of such borrowing has been accepted by the Borrower under the bidding procedure described in Section 2.2.
B Borrowing a Borrowing of additional principal amounts pursuant to paragraph 2.3 consisting of simultaneous B Loans from each of the Banks whose offer to make a B Loan as part of such Borrowing has been accepted by the applicable Borrower under the auction bidding procedure set forth in paragraph 2.3.
B Borrowing means a borrowing consisting of
B Borrowing means a borrowing consisting of simultaneous B
B Borrowing means a borrowing consisting of simultaneous B Advances made on the same day by the Banks.
B Borrowing means a borrowing consisting of simultaneous B Advances to a Borrower from each of the Lenders whose offer to make one or more B Advances as part of such borrowing has been accepted by such Borrower under the auction bidding procedure described in Section 2.03(a). Philip Morris $8 billion, 5 year Facility 107900.5/NYL3