Incremental Borrowing Date definition

Incremental Borrowing Date means (a) with respect to any Incremental Term Loan, any Incremental Term Loan Borrowing Date and (b) with respect to any Revolving Commitment Increase or Additional/Replacement Revolving Commitment, each date on which such Revolving Commitment Increase or Additional/Replacement Revolving Commitments are effective pursuant to Section 2.15, which such date shall be the date of the effectiveness of the respective Incremental Amendment pursuant to which such Revolving Commitment Increase or Additional/Replacement Revolving Commitments are established.
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Incremental Borrowing Date shall have the meaning specified in Section 2.2(c).
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Incremental Borrowing Date means any Borrowing Date upon which any Incremental Term Loans are made to the Borrower pursuant to Section 2.20 hereof.
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Examples of Incremental Borrowing Date in a sentence

  • If the borrowing of the 2013 Incremental Term Loan will result in a 2013 Incremental Pre-Funded Amount, the Borrower, the Administrative Agent and the 2013 Incremental Escrow Agent shall enter into the 2013 Incremental Escrow Agreement, pursuant to which the Administrative Agent, on behalf of the Lenders, will deposit any 2013 Incremental Pre-Funded Amount into the 2013 Incremental Escrow Account on the 2013 Incremental Borrowing Date.

  • On the Incremental Borrowing Date, each Lender providing such Incremental Term Loan shall make the Incremental Term Loan to be made by it by wire transfer of immediately available funds to such account as the 41 Administrative Agent may designate not later than 2:00 p.m. (New York time).

  • Cash used in operating activities for the year ended December 31, 2001 of $2,966,437 resulted primarily from the net loss of $3,962,931, a net decrease in deferred revenues of $344,381 which was partially offset by an increase in accounts payable and accrued expenses of $426,651, a decrease in inventory of $367,650, and a net decrease in other current assets of $164,758 primarily consisting of the related deferred costs of revenues and increased by deposits of $200,000 for future purchases of inventory.


More Definitions of Incremental Borrowing Date

Incremental Borrowing Date has the meaning specified in Clause 2.2(a)(i) (Incremental Borrowing Request).
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Incremental Borrowing Date means the date upon which any Incremental Advance is made.
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Incremental Borrowing Date the date, specified by the Borrower in Section 2.2(b), which must be on or before June 30, 2009, provided that all of the conditions precedent set forth in Sections 6.3 and 6.4 are first (or simultaneously) satisfied or waived.
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Related to Incremental Borrowing Date

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.15.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term 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.

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

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

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • 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.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(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.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.