Term Loan Borrowing Date definition

Term Loan Borrowing Date means the date during the Term Loan Availability Period when (i) the conditions specified in Section 4.01 and 4.04 are satisfied (or waived in accordance with Section 9.02) or (ii) if the Escrow Funding Election has been made by Capri Holdings, the conditions specified in Section 4.01 and 4.03 are satisfied (or waived in accordance with Section 9.02), and, in each case, the Borrowing of Term Loans under the Term Loan Facility occurs.

Term Loan Borrowing Date is defined in Section 2.1(b).

Term Loan Borrowing Date means the date on which the Term Loans are made.

Examples of Term Loan Borrowing Date in a sentence

• 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.

• Each Lender’s Tranche B Term Loan Commitment shall terminate immediately and without further action on the Tranche B Term Loan Borrowing Date after giving effect to the funding of such Lender’s Tranche B Term Loan Commitment on such date.

• The DIP Delayed Draw Term Loan Commitments shall expire (a) concurrently with the making of the DIP Delayed Draw Term Loans on each DIP Delayed Draw Term Loan Borrowing Date to the extent DIP Delayed Draw Term Loans are borrowed on such date and (b) automatically on the DIP Delayed Draw Term Loan Commitment Expiration Date.

• The obligation of each Lender to make Loans (including Loans made on the Borrowing Date and on each Incremental Term Loan Borrowing Date), is subject, at the time of each such Credit Event (except as hereinafter indicated), to the satisfaction of the following conditions: 7.01 No Default; Representations and Warranties.

• Prior to the incurrence of any Incremental Term Loans on the Incremental Term Loan Borrowing Date, Holdings shall have satisfied (or caused to be satisfied) all of the applicable conditions set forth in Section 2.15.

More Definitions of Term Loan Borrowing Date

Term Loan Borrowing Date shall have the meaning given such term in Section 2.5.

Term Loan Borrowing Date means the date on which the Term Loans are made, which date shall be, at the election of the Borrower, the Effective Date or any Business Day no later than sixty (60) days after the Effective Date.

Term Loan Borrowing Date as to any Term Loan made pursuant to Section 2.2(a), the Borrowing Date of such Term Loan.

Term Loan Borrowing Date means a date on which the Borrower has borrowed a Term Loan Advance as provided by Section 2.3.

Term Loan Borrowing Date means the Initial Borrowing Date and the Second Term Loan Borrowing Date.

Term Loan Borrowing Date shall have the meaning provided in Section 1.01.

Term Loan Borrowing Date means the date during the Term Loan Availability Period when (i) the conditions specified in Section 4.01 and4.04 are satisfied (or waived in accordance with Section 9.02) or (ii) if the Escrow Funding Election has been made by MKCapri Holdings, the conditions specified in Section 4.01 and 4.03 are satisfied (or waived in accordance with Section 9.02), and, in each case, the Borrowing of Term Loans under the Term Loan Facility occurs.