Term Borrowing definition
Term 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 Lenders pursuant to Section 2.01(a).
Term Borrowing means a Borrowing comprised of Term 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).
Examples of Term Borrowing in a sentence
Each such notice of a Term Borrowing (a “Notice of Term Borrowing”) shall be by telephone, confirmed promptly in writing, in substantially the form of Exhibit B-I hereto, specifying therein the requested (A) date of such Term Borrowing, (B) Type of Advances comprising such Term Borrowing, (C) aggregate amount of such Term Borrowing, and (D) in the case of a Term Borrowing consisting of SOFR Advances, initial Interest Period for each such Advance.
Each Term Lender shall, before 2:00 P.M. (New York City time) on the date of such Term Borrowing make available for the account of its Applicable Lending Office to the Agent at the Agent’s Account, in same day funds, such Term Lender’s ratable portion of such Term Borrowing.
More Definitions of Term Borrowing
Term Borrowing means a Term B Borrowing or a borrowing in respect of Incremental Term Loans, as the context requires.
Term Borrowing means any Term B Borrowing or any Incremental Term Borrowing.
Term Borrowing means a borrowing of the same Type of Term Loan of a single Tranche from all the Lenders having Term Commitments or Term Loans of the respective Tranche on a given date (or resulting from a conversion or conversions on such date) having in the case of SOFR Loans, the same Interest Period.
Term Borrowing means a borrowing consisting of simultaneous Term Advances of the same Type made by the Term Lenders pursuant to Section 2.01(c).
Term Borrowing means a borrowing consisting of simultaneous Term Advances of the same Type made by the Term Lenders.
Term Borrowing means a Borrowing comprised of Tranche A Term Loans or Tranche B Term Loans.
Term Borrowing means a Term A-1 Borrowing or a Term A-2 Borrowing, as the context may require.