Initial Borrowing Date definition

Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

Initial Borrowing Date means the date upon which the Term Loans are initially incurred hereunder.

Initial Borrowing Date means the date of the Initial Borrowing.

Examples of Initial Borrowing Date in a sentence

• The obligation of the Lender to make Loans on the Initial Borrowing Date, is subject at the time of the making of such Loans to the satisfaction or waiver of the following conditions: 5.01 Effective Date; Notes.

• On or prior to the Initial Borrowing Date (i) the Effective Date shall have occurred and (ii) if requested by the Lender, there shall have been delivered to the Note for the Lender executed by the Borrower, in each case in the amount, maturity and as otherwise provided herein.

• On the Initial Borrowing Date, after the making of the Loans and the performance by the Borrower of the Credit Documents, the financings incurred in connection therewith and the other transactions contemplated hereby, there shall be no conflict with, or default under, any material agreement or contractual or other restriction which is binding for the Borrower other than as permitted by the Interim Order..

• On the Initial Borrowing Date, all Loans and other financing to be made pursuant to this Agreement shall be in full compliance with all applicable requirements of law, including, without limitation, the provisions of the Regulations T, U and X of the Board of Governors of the Federal Reserve System (the “Margin Regulations”).5.04 No Conflicts.

• On or prior to the Initial Borrowing Date, the Security Documents, upon entry of the Interim Order, shall be effective to create in favor of the Lender a legal, valid and enforceable perfected security interest in and lien on the Collateral, with the priority described in Section 2.08, subject to the Carve-Out.

More Definitions of Initial Borrowing Date

Initial Borrowing Date means the Business Day on which the initial Borrowing occurs.

Initial Borrowing Date means the date upon which the initial Borrowing of Loans occurs.

Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans hereunder occurs.

Initial Borrowing Date means the date of the initial Borrowing hereunder.

Initial Borrowing Date shall have the meaning provided in the Original Credit Agreement.

Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Credit Event hereunder occurs.

Initial Borrowing Date shall have the meaning the first Borrowing Date (if any) pursuant to which a Loan is made in accordance with the terms of the U.S. Receivables Loan Agreement.