Borrowing Time definition

Borrowing Time as defined in Section 2.2.
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Borrowing Time means the time at which the Company receives the proceeds of the Term Loans in accordance with Section 2.1.
Sample 1

Examples of Borrowing Time in a sentence

  • The upper and lower limits on the maturity structure of fixed rate borrowing will be: Maturity Structure of Borrowing Time periods start on the first day of each financial year.

  • The upper and lower limits on the maturity structure of borrowing will be:Maturity Structure of Borrowing Time periods start on the first day of each financial year.

  • Each Term Loan I Lender will make the amount of its pro rata share of each Borrowing available to the Administrative Agent for the account of the Borrower at the Funding Office prior to the Borrowing Time, on the Borrowing Date requested by the Borrower, in each case in immediately available Dollar funds, to the Administrative Agent.

  • Each Term Loan II Lender will make the amount of its pro rata share of each Borrowing available to the Administrative Agent for the account of the Borrower at the Funding Office prior to the Borrowing Time, on the Borrowing Date requested by the Borrower, in each case in immediately available Dollar funds, to the Administrative Agent.

  • Given the scale of development which would only involve a limited extension to the rear of the property it is not considered there would be significant impacts on the amenity of the adjacent residents from construction elements of the scheme.

  • Abzug has also consulted on numerous documentary films, the latest of which is Borrowing Time (2006), the portrait of an American Holocaust survivor.

  • Each Term Loan III Lender will make the amount of its pro rata share of each Borrowing available to the Administrative Agent for the account of the Borrower at the Funding Office prior to the Borrowing Time, on the Borrowing Date requested by the Borrower, in each case in immediately available Dollar funds, to the Administrative Agent.

  • The upper and lower limits on the maturity structure of borrowing will be: Maturity Structure of Borrowing Time periods start on the first day of each financial year.

  • Each Term Lender will make the amount of its pro rata share of each Borrowing available to the Administrative Agent for the account of the Borrower at the Funding Office prior to the Borrowing Time, on the Borrowing Date requested by the Borrower, in each case in immediately available Dollar funds, to the Administrative Agent.

  • Maturity Structure of Borrowing Time periods start on the first day of each financial year.

Related to Borrowing Time

  • 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.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • 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.

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • 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.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • 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.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

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

  • Swingline Borrowing means a borrowing of a Swingline Loan pursuant to Section 2.04.

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

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

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

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

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

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

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Swingline Loan Request has the meaning set forth in Section 2.06(b).

  • Borrowing Notice is defined in Section 2.8.

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

  • Alternative Currency Term Rate Loan means a Committed Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Swingline Commitment the obligation of the Swingline Lender to make Swingline Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

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