Term Loan Borrowing definition

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 Loan Borrowing means a Borrowing comprised of Term Loans.

Term Loan Borrowing means any Initial Term B Borrowing or any Borrowing of Other Term Loans.

Examples of Term Loan Borrowing in a sentence

• Each repayment of a Term Loan Borrowing shall be applied ratably to the Loans included in the repaid Term Loan Borrowing.

• Each Revolving Borrowing and Term Loan Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the case of a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request.

• Each such Term Loan Borrowing shall be in an aggregate amount of not less than the Minimum Currency Threshold.

• To request a Revolving Loan Borrowing or Term Loan Borrowing, the Borrower shall notify the Administrative Agent of such request, which notice may be given by (A) telephone or (B) a Borrowing Request; provided that any telephone notice must be confirmed promptly by delivery to the Administrative Agent of a Borrowing Request.

• Notwithstanding the foregoing, if the applicable Additional Term Commitment in respect of any Incremental Term Loan Borrowing Date is not drawn on such Incremental Term Loan Borrowing Date, the undrawn amount shall automatically be cancelled.

More Definitions of Term Loan Borrowing

Term Loan Borrowing means Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

Term Loan 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 Loan Lenders pursuant to Section 2.01(a).

Term Loan Borrowing means a Borrowing comprised of Tranche B-1 Term Loans or New Term Loans, as the context may require.

Term Loan Borrowing has the meaning assigned to such term in Section 1.02.

Term Loan Borrowing means any Tranche A-1 Term Loan Borrowing, any Tranche A-2 Term Loan Borrowing, any Tranche A-3 Term Loan Borrowing, any Tranche A-4 Term Loan Borrowing or any Tranche A-35 Term Loan Borrowing, as the context may require.

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

Term Loan Borrowing means the incurrence of Term Loans consisting of one Class and Type by the Borrower from all of the Term Loan Lenders having Term Loan Commitments in respect thereof on a pro rata basis on a given date in the same currency, having in the case of any Eurodollar Loan, the same Interest Period.