Term Loan Borrowing definition

Term Loan Borrowing means a Borrowing comprised of Term Loans.
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.
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).

Examples of Term Loan Borrowing in a sentence

  • As of the Amendment No. 11 Effective Date, the Term Loan Borrowing shall consist of Term Loans made by the Term Loan Lenders in accordance with their respective Pro Rata Share, as of the Amendment No. 11 Effective Date, of the Term Loan Facility.


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 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 has the meaning assigned to such term in Section 1.02.
Term Loan Borrowing means a Borrowing consisting of simultaneous Term Loans from each of the Term Lenders.
Term Loan Borrowing means the borrowing by Borrower consisting of the Term Loans made by each of the Lenders on the Revolving Loan Maturity Date pursuant to the Notice of Term Loan Borrowing.
Term Loan Borrowing means any Initial Term B Borrowing, any 2018 Incremental Term B Borrowing or any Borrowing of Other Term Loans.