Notice of Auction Borrowing definition

Notice of Auction Borrowing has the meaning specified in Section 2.03(a).
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Notice of Auction Borrowing has the meaning specified in Section 2.03(a). OECD means the Organization for Economic Cooperation and Development. PBGC means the Pension Benefit Guaranty Corporation and any entity succeeding to any or all of its functions under ERISA. Person means an individual, partnership, corporation (including a business trust), joint stock company, trust, unincorporated association, joint venture or other entity, or a government or any political subdivision or agency thereof. Prepayment Event means the occurrence of any event or the existence of any condition under any agreement or instrument relating to any Debt of the Borrower or of a Significant Subsidiary that, in either case, is outstanding in a principal amount in excess of $50,000,000 in the aggregate, which occurrence or event results in the declaration of such Debt being due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment), prior to the stated maturity thereof. Reference Banks means Citibank, The Bank of New York and Union Bank of Switzerland. Register has the meaning specified in Section 8.07c. Reportable Event has the meaning assigned to that term in Title IV of ERISA. S&P means Standard & Poor's Rating Group or any successor thereto. SEC means the United States Securities and Exchange Commission. SEC Order has the meaning specified in Section 3.01(a)(iii). Senior Debt Rating means, as to any Person, the rating assigned by Moody's or S&P to the senior secured long-term debt of such Person. SERI means Systems Energy Resources, Inc., an Arkansas corporation. Significant Subsidiary means LP&L, SERI, AP&L, MP&L, GSU, and any other subsidiary of the Borrower: (i) the total assets (after intercompany eliminations) of which exceed 5% of the total assets of the Borrower and its subsidiaries or (ii) the net worth of which exceeds 5% of the Consolidated Net Worth of the Borrower and its subsidiaries, in each case as shown on the most recent audited consolidated balance sheet of the Borrower and its subsidiaries. Support Obligations means any financial obligation, contingent or otherwise, of any Person guaranteeing or otherwise supporting any Debt or other obligation of any other Person in any manner, whether directly or indirectly, and including, without limitation, any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Debt or to purchase (or to advance or supply funds for the purcha...
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Notice of Auction Borrowing shall have the meaning set forth in Section 3.1(a)(i), and to the extent such notice is given in writing, shall be in a form substantially similar to Schedule 5 hereto.
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Examples of Notice of Auction Borrowing in a sentence

  • The Administrative Agent shall in turn promptly notify each Lender of each request for an Auction Borrowing received by it from the Borrower by sending such Lender a copy of the related Notice of Auction Borrowing.

  • The Agent shall in turn promptly notify each Lender of each request for an Auction Borrowing received by it from the Borrower by sending such Lender a copy of the related Notice of Auction Borrowing.

Related to Notice of Auction Borrowing

  • Notice of Swingline Borrowing means a notice substantially in the form of Exhibit G (or such other form reasonably acceptable to the Administrative Agent and containing the information required in such Exhibit) to be delivered to the Swingline Lender pursuant to Section 2.4.(b) evidencing the Borrower’s request for a Swingline Loan.

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

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Borrowing Notice is defined in Section 2.8.

  • Request for Borrowing has the meaning provided in Section 2.3(a).

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

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

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

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

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

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • 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.

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

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving 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.

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit C.

  • 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.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

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

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Group Agents pursuant to Section 2.02(a).