Facility A Borrowing definition

Facility A Borrowing means a borrowing consisting of all the Facility A Loans of the same Type (and same Interest Period if LIBOR Loans) made by Facility A Lenders on the same date pursuant to the same Notice of Borrowing. Any reference to a Facility A Borrowing shall include all of the Facility A Loans constituting such Facility A Borrowing.
Sample 1
Facility A Borrowing means a borrowing consisting of simultaneous Facility A Loans from each of the Lenders distributed ratably among the Lenders in accordance with their respective Facility A Commitments.
Sample 1
Facility A Borrowing means a Borrowing of Facility A Loans.
Sample 1

Examples of Facility A Borrowing in a sentence

  • SunOpta and SunOpta Food Group, as applicable, shall have provided the Agent with all Borrowing Base Certificates and other evidence relating to Facility A Borrowing Base, the Facility B Borrow Base and Excess Availability as the Agent may require in accordance with the terms hereof.

  • All maps provided for each item identified in the scope of work to clarify findings, data, projections, and trends must be clear and concise in their purpose and delivery.

  • The section titles are capitalized by pittetdin the text, but not in the bookmarks.

  • The directors of JMAC have granted Mr. McConnell sole voting power and sole dispositive power with respect to these 12,415,982 Worthington common shares.

  • For greater certainty, the Borrower agrees that an amount equal to the MasterCard Limit shall be subtracted from the Facility A Borrowing Base when determining the amount available to the Borrower under Facility A at any time and, for such purpose and to avoid duplication, the amount of the MasterCard Advances shall be deemed to be zero.

  • SunOpta and SunOpta Foods, as applicable, shall have provided the Agent with all Borrowing Base Certificates and other evidence relating to Facility A Borrowing Base, the Facility B Borrow Base and Excess Availability as the Agent may require in accordance with the terms hereof.

  • The amount of such reserves shall be subtracted from the Facility A Borrowing Base and/or the Facility B Borrowing Base, as applicable, when calculating the amount of availability under each relevant Credit Facility.

  • At any time that the aggregate principal amount outstanding under Facility A exceeds the Facility A Borrowing Base, Borrower shall immediately prepay the amount by which such aggregate principal amount outstanding exceeds such borrowing base, together with interest accrued on the amount of the prepayment.

  • SunOpta may borrow, repay and reborrow or otherwise obtain Advances under Facility A up to the lesser of the Facility A Borrowing Base and a maximum principal amount of $5,000,000 or the equivalent US Dollar Amount thereof (the “Facility A Credit Limit”).

  • SunOpta may borrow, repay and reborrow or otherwise obtain Advances under Facility A up to the lesser of the Facility A Borrowing Base and a maximum principal amount of $10,000,000 or the equivalent US Dollar Amount thereof (the “Facility A Credit Limit”).


More Definitions of Facility A Borrowing

Facility A Borrowing has the meaning assigned to such term in Section 2.01(a).
Sample 1

Related to Facility A Borrowing

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

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

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

  • 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.

  • 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.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

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

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

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

  • 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.

  • Term Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Pro-Rata Borrowing has the meaning assigned to such term in Section 2.03(a).

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving 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.

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

  • Letter of Credit Borrowing means any Credit Extension resulting from a drawing under any Letter of Credit that has not been reimbursed or refinanced as a Borrowing of Revolving Loans.

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

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

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

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

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

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

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