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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 U.S. Tranche Revolving B Borrowings made on the Closing Date or the Amendment No. 4 Effective Date, as applicable, or any of the three (3) Business Days following the Closing Date or the Amendment No. 4 Effective Date, as applicable, 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.


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

  • 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 Revolving Lenders pursuant to Section 2.01(b).

  • 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.

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

  • 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 Eurodollar 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.”

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

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

  • Revolving Loan means a Loan made pursuant to Section 2.01.

Most Referenced Clauses

Most Referenced Definitions