Extended Revolving Borrowing definition

Extended Revolving Borrowing means a borrowing consisting of simultaneous Extended Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Extended Revolving Lenders pursuant to the relevant Refinancing Amendment.
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Extended Revolving Borrowing means a borrowing consisting of simultaneous Extended Revolving Loans of the same Type and, in the case of Term SOFR Loans, having the same Interest Period made by each of the Extended Revolving Lenders pursuant to the relevant Refinancing Amendment.
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Examples of Extended Revolving Borrowing in a sentence

  • Until the Revolving Maturity Date, any prepayment of a Revolving Borrowing or 2018 Extended Revolving Borrowing shall be allocated ratably among the combined amount of outstanding Revolving Loans and 2018 Extended Revolving Loans, taken as a whole; provided, that, in connection with the Borrower’s termination of all outstanding Revolving Commitments, the Borrower may apply such prepayment to Revolving Borrowings only.

  • Any such prepayment (other than a prepayment of a Revolving Borrowing, a 2018 Extended Revolving Borrowing or a Swingline Borrowing) made when any Term Loan is outstanding shall be applied entirely to Term Loan Borrowings.

Related to Extended Revolving Borrowing

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

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

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • 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.