Facility A Borrowing definition

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 consisting of all the Facility A Loans of the same currency and 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 has the meaning assigned to such term in Section 2.01(a).
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.

  • The unused portion of the Facility A Borrowing Base Amount shall be determined on a daily basis by subtracting from the Facility A Borrowing Base Amount the Total Outstandings under Facility A, and by averaging said daily amounts for the period for which the fee is to be determined.

  • 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.

  • 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.

  • 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.

  • The methods courts use to determine whether a prior statutory rape conviction is a conviction for a crime of violence are faulty and lead to unfair, non-uniform, and uncertain results.This Note proposes a method that provides fairness, certainty, and uniformity in the sentences imposed.

  • 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.

  • A diversion rate of 1.64 cubic feet per second would have resulted in considerably more diversion than permitted by the Board’s proposed CDO, which established a maximum diversion rate of 1.1 cubic feet per second and limited the time of year during which diversion could occur.

  • The Facility A Borrowing Base is hereby amended to provide for a 70% advance rate on Deemed Eligible Underlying Loans.

  • 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”).


More Definitions of Facility A Borrowing

Facility A Borrowing means a Borrowing of Facility A Loans.
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.

  • 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 Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(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.

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

  • 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).

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

  • Revolving Loan means a Loan made pursuant to Section 2.01.

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