Conditions to All Borrowings definition

Conditions to All Borrowings. The conditions to all borrowings will include requirements relating to one business days' prior written notice of borrowing, the accuracy of representations and warranties, and the absence of any default or potential event of default, and will otherwise be customary and appropriate for financings of this type. I. MISCELLANEOUS Requisite Lenders: Requisite Lenders shall mean Lenders holding in the aggregate more than 66 2/3% of the commitments under the Amended Bank Facilities. Assignments and Participations Substantially as set forth under the Existing Credit Facilities, with such by Lender: amendments to the definition of the term Eligible Assignee as may be agreed upon by the Administrative Agent and the Borrower. Taxes, Reserve Requirements & Customary and appropriate for transactions of this type. Indemnities:

Examples of Conditions to All Borrowings in a sentence

  • CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 47 Section 4.01 Conditions of Initial Borrowing 47 Section 4.02 Conditions to All Borrowings 48 ARTICLE V.

  • Revolving Termination Date INTENTIONALLY OMITTED TAXES, YIELD PROTECTION AND ILLEGALITY Taxes Illegality Increased Costs and Reduction of Return Funding Losses Inability to Determine Rates Certificates of Banks Substitution of Banks Survival CONDITIONS PRECEDENT Conditions to Effectiveness Conditions to All Borrowings REPRESENTATIONS AND WARRANTIES Organization, Standing, etc.

  • CONDITIONS PRECEDENT 14 Section 7.1. Closing Conditions 14 Section 7.2. Conditions to All Borrowings 15 SECTION 8.

  • In March 2022, as a result of the achievement of certain performance targets, an aggregate of 37,999 performance- based restricted stock units of certain employees vested and were settled in shares of the Company’s common stock (see Note 14, Stock-Based Compensation).

  • Conditions to All Borrowings 48 ARTICLE IV REPRESENTATIONS AND WARRANTIES 48 SECTION 4.01.

  • Conditions to All Borrowings and Issuances of Letters of Credit.........................

  • Conditions to All Borrowings.............................................

  • Pursuant to Sections 6.01(c)(i)(B) (Conditions to First Construction Loan Borrowing – Officer’s Certificates) and Section 6.05(a) (Conditions to All Borrowings - Borrowers’ Certifications) of the Credit Agreement, it is required that all of the representations and warranties made by the Borrowers in the Credit Agreement and Financing Documents are true and correct in all material respects on and as of the relevant Borrowing Date.

  • Conditions to All Borrowings ....................................................................

  • Conditions to All Borrowings and Issuances of Letters of Credit.......

Related to Conditions to All Borrowings

  • Total Borrowings means, in respect of the Corporation on a consolidated basis, as of a given date, the aggregate of the following, without duplication:

  • Special Conditions of Contract means the pages completed by the Procuring Entity entitled Special Conditions of Contract which constitute Part A of the Special Conditions.

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

  • Total Extensions of Credit at any time, the aggregate amount of the Extensions of Credit of the Lenders outstanding at such time.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

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

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

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

  • Borrowings means the plural thereof.

  • Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.

  • Conditions of Contract means those statements contained in or delivered with your Ticket/s or Itinerary/Receipt, identified as such and which incorporate by reference, these Conditions of Carriage and notices.

  • General Conditions of Contract means the ‘Instructions to Tenderers’ and ‘General Conditions of Contract’ pertaining to the work for which above tenders have been called for.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

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

  • Subsequent Borrowings has the meaning assigned to such term in Section 2.19.

  • 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.”

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

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