Revolving B Borrowing definition

Revolving B Borrowing means a borrowing consisting of simultaneous Revolving B Loans of the same Type, in the same currency and, in the case of Term SOFR Loans or Eurocurrency Rate Loans, having the same Interest Period made by each of the Revolving B Lenders pursuant to Section 2.01(b)(ii)(A).
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Revolving B Borrowing means a Borrowing comprised of Revolving B Loans.
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Revolving B Borrowing means a borrowing consisting of simultaneous Revolving B Advances of the same Type made by each Lender pursuant to Section 2.01(b)(ii), Continued pursuant to Section 2.02(b), or Converted by each Lender to Revolving B Advances of a different Type pursuant to Section 2.02(b).
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Examples of Revolving B Borrowing in a sentence

  • Notwithstanding the preceding sentence, any Alternative Currency Tranche Revolving B Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be subject to the receipt by the Administrative Agent of a Funding Indemnity Letter from the Borrower not less than three (3) Business Days prior to the date of such Alternative Currency Tranche Revolving B Borrowing.

  • Notwithstanding the preceding sentence, any U.S. Tranche Revolving B Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter to the Administrative Agent not less than three (3) Business Days prior to the date of such U.S. Tranche Revolving B Borrowing.

  • Each Revolving B Borrowing shall be in an aggregate amount not less than $5,000,000.00 and in integral multiples of $1,000,000.00 in excess thereof and shall consist of Revolving B Advances of the same Type made on the same day by the Lenders ratably according to their respective Revolving B Commitments.

  • Borrowings and Advances are also distinguished by "Class." The "Class" of a Borrowing or an Advance refers to the determination whether such Borrowing or Advance is a Revolving A Borrowing or a Revolving B Borrowing or a Revolving A Advance or a Revolving B Advance, as applicable.


More Definitions of Revolving B Borrowing

Revolving B Borrowing means the aggregate of the simultaneous Revolving B Advances of the same Type made by the Lenders in response to a single Notice of Borrowing.
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Related to Revolving B 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.

  • 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.

  • 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.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

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

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving 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.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

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

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

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

  • 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).

  • 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).

  • 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.”

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

  • Swingline Borrowing means a borrowing of a Swingline Loan pursuant to Section 2.04.

  • Pro-Rata Borrowing has the meaning assigned to such term in Section 2.03(a).

  • Revolving Loans as defined in Section 2.4(a).

  • Revolving Credit Loans as defined in Section 2.1.

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

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