Term Loan B Borrowing definition

Term Loan B Borrowing means a borrowing consisting of simultaneous Term B Loans made by the Term Loan B Lenders on the Effective Date.
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Term Loan B Borrowing means any Borrowing of Other Term B Loans.
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Term Loan B Borrowing means a borrowing consisting of simultaneous Term Loan B Advances of the same Type made by the Term Loan B Lenders.
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Examples of Term Loan B Borrowing in a sentence

  • Each such Notice of Borrowing shall be by telephone, confirmed immediately in writing, or by electronic communication, in substantially the form of Exhibit B hereto, specifying therein the requested (i) date of such Term Loan B Borrowing (which shall be the Effective Date), and (ii) aggregate amount of such Term Loan B Borrowing.

  • Each Term Loan B Lender shall, before 11:00 A.M. (New York City time) on the date of such Term Loan B Borrowing, make available for the account of its Lending Office to the Administrative Agent at the Administrative Agent’s Account, in same day funds, its Pro Rata Share of the amount of such Term Loan B Borrowing in accordance with its Term Loan B Commitment under the Term Loan B Facility.

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

  • Buteo signed a promissory note for the loan and Scott Miller signed the guaranty, both promising to repay AOR the money at 8% interest per year, but if Buteo were to default, the interest would rise to 17% per year.

  • The Term Loan B Borrowing consisting of Term B Loans advanced by the Term Loan B Lenders on the Effective Date shall be made following the issuance of a Notice of Borrowing, given not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Term Loan B Borrowing, by the Borrower to the Administrative Agent, which shall give to the Term Loan B Lenders prompt notice thereof by electronic communication.

  • Each Term Loan B Borrowing Notice submitted to the Lender in accordance with the terms of this Agreement shall (i) be irrevocable and binding on the Borrowers, (ii) specify the requested amount of the Term Loan B Advance and (iii) be in a minimum amount of $100,000.00.

  • Conditions Precedent to Loans on the Initial Term Loan B Borrowing Date...........................................

  • The Lender shall have received a Borrowing Base Certificate showing the Revolver Borrowing Base, the Term Loan A Borrowing Base, the Term Loan B Borrowing Base, and the Term Loan C Borrowing Base, in each case as of the Business Day immediately preceding the Second Amendment Effective Date, with appropriate insertions and dated the Second Amendment Effective Date, satisfactory in form and substance to the Lender, executed by a Responsible Officer or any Vice President of the Borrower.

  • Candidates must not have squint eyes, and should possess high colour vision.


More Definitions of Term Loan B Borrowing

Term Loan B Borrowing means any Borrowing of Other Term B Loans. “Term Loan B Facility” shall mean any or all of the Other Term Loan B Facilities.
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Term Loan B Borrowing has the meaning assigned to that term in Section 2.1(b).
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Related to Term Loan B 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).

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

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

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

  • 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.

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

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

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility 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 has the meaning specified in Section 2.01(b).

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

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

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(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 Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

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

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

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

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.