Subsequent Borrowing Date definition

Subsequent Borrowing Date means each Business Day occurring after the initial Borrowing Date on which the Borrower determines to request an additional Borrowing from the Lender.
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Subsequent Borrowing Date means with respect to any Loan made after the Initial Closing Date, each date on which the conditions specified in Section 4.03 are satisfied (or waived in accordance with Section 9.02).
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Subsequent Borrowing Date has the meaning ascribed to such term in the definition of "Borrowing Date".
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Examples of Subsequent Borrowing Date in a sentence

  • The proceeds of any Loans made on any Subsequent Borrowing Date will be used to provide funding for additional consideration, fees and expenses that are then payable or are reasonably expected to be payable in connection with (x) the purchase of any shares of the Target tendered during any subsequent offering period pursuant to the Acquisition Documents (if applicable) and (y) the consummation of the Merger.

  • It is understood and agreed that the representations and warranties set forth in Section 4.01 and Section 4.02 are made and true and correct on the date of this Agreement, at the time of the initial Borrowing, and on each Subsequent Borrowing Date and Remittance Date thereafter.

  • It is understood and agreed that the representations and warranties set forth in Section 4.01 and Section 4.02 are made and accurate on the Closing Date, at the time of the initial Borrowing, and on each Subsequent Borrowing Date and Remittance Date thereafter.

  • It is understood and agreed that the representations and warranties set forth in Section 4.01 are made on the date of this Agreement (which representations and warranties shall survive the execution and delivery of this Agreement), at the time of the initial Borrowing, and on each Subsequent Borrowing Date and Remittance Date thereafter.

  • Unless a Subsequent Borrowing Date occurs and Schedule 2.03 is revised as set forth below, the payments to be made on each Payment Date shall be those amounts set forth on Schedule 2.03 as of the Closing Date, which amounts equal the product of the Amortization Percentage and the aggregate of all Term Commitments as of the Borrowing Date.

  • It is understood and agreed that the representations and warranties set forth in Section 4.01 are made and accurate on the date of this Agreement, at the time of the initial Borrowing, and on each Subsequent Borrowing Date and Settlement Date thereafter.

  • It is understood and agreed that the representations and warranties set forth in Section 4.01 and Section 4.02 are made on the date of this Agreement, at the time of the initial Borrowing, and on each Subsequent Borrowing Date and Remittance Date thereafter.

  • It is understood and agreed that the representations and warranties set forth in Section 4.01 are made on the date of this Agreement, at the time of the initial Borrowing, and on each Subsequent Borrowing Date and Remittance Date thereafter.

  • The Existing Mortgage is hereby amended to reflect that the term loan facility is increased as of the date hereof to Sixty Million and No/100 Dollars ($60,000,000.00) and may be further increased as of the Subsequent Borrowing Date (if it actually occurs) to Seventy-Five Million and 00/100 Dollars ($75,000,000.00), and the Existing Mortgage, as amended by this Amendment, shall secure said increased amounts.

  • Subject to the terms and conditions of this Agreement (including, without limitation, Sections 2.03 and 3.02 hereof), Lenders shall make the Subsequent Term Loan on the Subsequent Borrowing Date.


More Definitions of Subsequent Borrowing Date

Subsequent Borrowing Date has the meaning specified in Section 2.01(f).
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Subsequent Borrowing Date shall have the meaning given such term in Section 2.04 hereof.
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Subsequent Borrowing Date the Borrowing Date occurring on, or, if no Borrowing Date shall occur on, then the first Borrowing Date subsequent to, the Effective Date.
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Subsequent Borrowing Date shall have the meaning set forth in Section 3.2.
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Related to Subsequent Borrowing Date

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

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

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

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

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

  • Canadian Borrowing means a Borrowing of Canadian Loans.

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

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

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

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

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

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

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

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

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

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • 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.

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

  • 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).

  • 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.

  • 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).