Term A Loan Borrowing definition

Term A Loan Borrowing means Term A Loans of the same Class and Type made, converted or continued on the same date and, in the case of Eurocurrency Loans, as to which a single Interest Period is in effect.
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Term A Loan Borrowing means a borrowing of Term A Loans.
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Examples of Term A Loan Borrowing in a sentence

  • The Term A Loan Borrowing shall consist of Term A Loans made simultaneously by the Term A Loan Lenders in accordance with their respective Applicable Percentage of the Term A Facility.

  • Pulvino, 2001, Characteristics of Risk in Risk Arbitrage,” Journal of Finance 56, 2135-2175.

  • The Delayed Draw Term A Loan Borrowing shall consist of Delayed Draw Term A Loans made simultaneously by the Delayed Draw Term A Lenders in accordance with their respective Applicable Percentage of the Delayed Draw Term A Facility.

  • The Term A Loan Borrowing shall consist of Loans made simultaneously by the Term A Lenders in accordance with their respective Applicable Percentages.

  • Notwithstanding anything contained herein to the contrary, after giving effect to any Term A Loan Borrowing, the Total Outstandings shall not, at any time, exceed the Borrowing Base.

  • Each prepayment of a Borrowing shall be applied ratably to the Loans comprising such Borrowing, and in the case of a prepayment of a Term A Loan Borrowing, to principal installments in inverse order of maturity.

  • If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be an ABR Borrowing, unless such Borrowing is a Term A Loan Borrowing, Canadian Term B Loan Borrowing or Revolving Facility Borrowing, in which case such Borrowing shall be a Canadian Prime Rate Borrowing.

  • Any prepayment of a Term A Loan Borrowing shall be applied to scheduled repayments of the Term A Loan Borrowings to be made pursuant to this paragraph (b) in inverse order of maturity.

  • Each Term A Loan Borrowing shall consist of Term A Loans made simultaneously by the Lenders on the Closing Date in accordance with their respective Term A Loan Percentage of the Term A Loan Facility.

  • Any unused portion of the aggregate Term A Loan Commitments shall be automatically and permanently terminated on the date of the Term A Loan Borrowing, and any unused portion of the aggregate Term B Loan Commitments shall be automatically and permanently terminated on the date of the Term B Loan Borrowing.

Related to Term A Loan 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).

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

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

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

  • Term A Loans has the meaning specified in Section 2.01(b).

  • 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.

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

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

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

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

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

  • Term Loan has the meaning specified in Section 2.01(b).

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

  • 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).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

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

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • 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.

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

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.