Conditions to Borrowing definition

Conditions to Borrowing means, in connection with the funding of Loans on any Funding Date, each of the conditions precedent to the obligation of the Lenders to make a Loan on a Funding Date set forth in Section 3.02.
Conditions to Borrowing. All borrowings under the Tender Offer Facility will be subject to satisfaction of the following conditions:
Conditions to Borrowing. The availability of the Incremental Term Loan Facility on the Closing Date will be subject solely to (a) the applicable conditions set forth in Section 6 of the Commitment Letter and in Exhibit C to the Commitment Letter, (b) delivery of a customary borrowing notice, (c) the accuracy of representations and warranties in all material respects subject, to the Certain Funds Provisions and (d) the conditions set forth in Section 2.17(d) of the Credit Agreement (with the Acquisition being deemed to be a Limited Condition Acquisition (as defined in the Credit Agreement)), subject to the Certain Funds Provisions.

Examples of Conditions to Borrowing in a sentence

  • For the avoidance of doubt, the Conditions to Borrowing set forth in Section 3.02 shall not apply to the payment in kind of any interest amounts pursuant to this Section 2.05(a)(vi) (other than, for the avoidance of doubt, any such conditions specified in this Section 2.05(a)(vi)).


More Definitions of Conditions to Borrowing

Conditions to Borrowing. Conditions precedent to the borrowing under the Initial Facility will be limited to those set forth in Annex IV(a) hereto.

Related to Conditions to 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.

  • 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.