Term B Borrowing definition

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

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

Term B Borrowing means a borrowing consisting of simultaneous Initial Term B Loans or Incremental Term B Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the applicable Term B Lenders pursuant to Section 2.01(a) or the applicable Incremental Amendment, as the case may be.

Examples of Term B Borrowing in a sentence

• The Term B Borrowing shall consist of Term B Loans made simultaneously by the Term B Lenders in accordance with their respective Term B Commitments.

• The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments.

• Each Term B Borrowing shall consist of Term B Loans made simultaneously by the Term B Lenders in accordance with their respective Term B Commitments.

• In the case of a Term B Borrowing or a Revolving Credit Borrowing, each Appropriate Lender shall make the amount of its Loan available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. on the Business Day specified in the applicable Committed Loan Notice.

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

More Definitions of Term B Borrowing

Term B Borrowing means a Borrowing comprised of Term B Loans.

Term B Borrowing means a borrowing consisting of simultaneous Term B 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 Lenders pursuant to Section 2.01(b).

Term B Borrowing means a borrowing consisting of simultaneous Term B 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 Lenders pursuant to Section 2.01(a).

Term B Borrowing means a borrowing consisting of one or more simultaneous Term B Loans of the same Type under a Term B Facility.

Term B Borrowing means the conversion of Multiple Advance Term Loans into Term B Loans on the Amendment Agreement No. 1 Effective Date pursuant to Section 2.1(c).

Term B Borrowing set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:

Term B Borrowing means any Tranche B-1 Term B Borrowing or any Tranche B-2 Term B Borrowing.