Second Borrowing definition

Second Borrowing shall have the meaning assigned to such term in Section 2.01(a).
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Second Borrowing has the meaning set forth in Section 6.02.
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Second Borrowing means the second Borrowing under this Agreement in accordance with in Section 2.02.
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Examples of Second Borrowing in a sentence

  • Item 4 of the Schedule 13D is amended and supplemented as follows: On September 18, 2023, as a result of NEA 18 VGE funding a Borrowing (as defined in the Credit Agreement) for $10,000,000 (the “Second Borrowing Amount”), the Issuer issued 552,263 Warrants equal to the product of (i) the quotient of (A) the Second Borrowing Amount divided by (B) the Total Borrowing Commitment multiplied by (ii) the Maximum Warrants.

  • No later than 4:00 p.m., New York time, on the Second Borrowing Date, if the conditions precedent listed in Section 3.2 have been satisfied or waived, Lender shall make available the Additional Loan in Dollars in immediately available funds, and shall apply such funds pursuant to the terms of this Agreement.

  • Each of the representations and warranties in this Clause10.1 (Borrower’s Representations and Warranties) shall be deemed to be repeated by the Borrower on the First Borrowing Date and the Second Borrowing Date.

  • The aggregate principal amount of all Loans (including the Additional Loan) shall not exceed ninety percent (90%) of thirty percent (30%) of the Qualifying Costs previously incurred (within the meaning of the Cash Grant Guidance) through the Second Borrowing Date, as described in the certificates delivered pursuant to clauses (i) and (ii) above.

  • All Applicable Permits required for the construction of the Project and operation of the Project required to have been obtained by the Second Borrowing Date from any Governmental Authority have been issued and are in full force and effect and not subject to appeal or to any unsatisfied conditions that may allow material modification or revocation.

  • All of the Operative Documents to be executed and delivered with respect to the Project on or prior to the Second Borrowing Date shall be in full force and effect without change or amendment since the respective dates of their execution and delivery hereunder except as permitted hereunder.

  • Lender shall have received a certificate, dated as of the Second Borrowing Date, signed by a Responsible Officer of Borrower, in substantially the form of Exhibit F-5.

  • The First Borrowing and the Second Borrowing shall have occurred.

  • Borrower makes the following representations and warranties to and in favor of Lender as of the Financial Closing Date, as of the date of the Second Borrowing Date and as of the date of each certificate required under this Agreement (except that any representation or warranty in this Article 4 which relates expressly to an earlier date, by direct reference or by reference to a document dated a certain date, shall be deemed made only as of such date).

  • The first 200 metric tons of quantity placed on a test section will be paid at a factor of 1.5 times the bid price.


More Definitions of Second Borrowing

Second Borrowing means a Borrowing or Borrowings in the aggregate amount of €1,000,000,000, less the aggregate amount of the First Borrowing, less the aggregate amount of any Net Cash Proceeds that PPG and its Subsidiaries receive following the Effective Date that have not been used to reduce the First Borrowing.
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Second Borrowing means the second Borrowing under this Agreement on the Closing Date.
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Second Borrowing has the meaning set forth in Section 2.1(a).
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Second Borrowing shall have the meaning given such term in the preamble to this Agreement.
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Second Borrowing means the making of the Second Loan by the Lenders on the Second Borrowing Date.
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Second Borrowing means the second Borrowing under the Existing Term Loan Agreement on November 21, 2014.
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Related to Second Borrowing

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

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • 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.

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

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • 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.

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

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

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed 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.

  • Bid Borrowing means a borrowing consisting of simultaneous Bid Loans of the same Type from each of the Lenders whose offer to make one or more Bid Loans as part of such borrowing has been accepted under the auction bidding procedures described in Section 2.03.

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

  • 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 A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

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

  • Initial Revolving Borrowing means one or more borrowings of Dollar Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of “Permitted Initial Revolving Borrowing Purposes.”

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

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

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

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