Initial Borrowing means the first Borrowing made pursuant to this Agreement.
Initial Borrowing shall have the meaning assigned to such term in Section 2.22(b).
Examples of Initial Borrowing in a sentence
The Initial Borrowing shall consist of Initial Loans made simultaneously by the Initial Lenders in accordance with their respective Initial Commitments.
More Definitions of Initial Borrowing
Initial Borrowing means the initial Borrowing to be made on the Closing Date which shall be or is comprised of (a) Advances and/or (b) L/C Credit Extensions.
Initial Borrowing means the Loans made by the Initial Lenders on the Effective Date pursuant to Section 2.01 hereof.
Initial Borrowing has the meaning set forth in Section 2.09(d).
Initial Borrowing means the first Borrowing under this Agreement.
Initial Borrowing shall have the meaning assigned to such term in Section 2.01(a).
Initial Borrowing means a borrowing consisting of simultaneous Initial Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01(a), in each case, on the Closing Date.
Initial Borrowing means the first Credit Event under this Agreement.