Term B-1 Borrowing definition

Term B-1 Borrowing means a borrowing consisting of simultaneous Term B-1 Advances of the same Type made by the Term B-1 Lenders.
Term B-1 Borrowing means any Borrowing comprised of Term B-1 Loans.
Term B-1 Borrowing means a Borrowing comprised of Term B-1 Loans on the Amendment Effective Date.

More Definitions of Term B-1 Borrowing

Term B-1 Borrowing means a borrowing consisting of Term B-1 Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term B-1 Lenders pursuant to Section 2.01(a).
Term B-1 Borrowing means a borrowing consisting of simultaneous Term B-1 Loans made by each of the Term B-1 Lenders pursuant to Section 2.01(b)(i). “Term B-1 Commitment” means, as to each Term B-1 Lender, its obligation to make a Term B-1 Loan to the Borrower pursuant to Section 2.01(b)(i), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term B-1 Commitments of all of the Term B-1 Lenders as in effect on the Effective Date is FIVE MILLION DOLLARS ($5,000,000). “Term B-1 Facility” means, at any time, (a) on or prior to the funding of the Term B-1 Loans, the aggregate amount of the Term B-1 Commitments at such time and (b) thereafter, the aggregate Outstanding Amount of the Term B-1 Loans of all Term B-1 Lenders outstanding at such time. “Term B-1 Lender” means (a) at any time on or prior to the funding of the Term B-1 Loans, any Lender that has a Term B-1 Commitment at such time and (b) at any time after the funding of the Term B-1 Loans, any Lender that holds one or more Term B-1 Loans at such time. “Term B-1 Loan” means an advance made by any Term B-1 Lender under the Term B-1 Facility. “Term B-1 Note” has the meaning set forth in Section 2.09. 36 CHAR1\1707916v5
Term B-1 Borrowing means a borrowing consisting of simultaneous Term B-1 Loans of the same Type and, in the case of Term SOFR Loans, having the same Interest Period made by each of the Term B-1 Lenders pursuant to Section 2.01(d). “Term B-1 Commitment” (i) with respect to each Fourth Amendment Consenting Term B Lender, the commitment of such Lender to convert its Term B Loans for an equal aggregate principal amount of Term B-1 Loans on the Fourth Amendment Effective Date pursuant to the Fourth Amendment and (ii) with respect to the Additional Term B-1 Lenders, its Additional Term B-1 Commitment. - 57-
Term B-1 Borrowing means a borrowing consisting of simultaneous Term B-1 Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term B-1 Lenders pursuant to Section 2.01(a)(ii).

Related to Term B-1 Borrowing

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

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

  • Term Borrowing means a Borrowing comprised of Term Loans.

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

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