Third Borrowing definition

Third Borrowing shall have the meaning assigned to such term in Section 2.01(a).
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Third Borrowing means the third Borrowing under this Agreement upon satisfaction of the conditions precedent set forth in Section 6.02.
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Third Borrowing means the making of the Third Loan by the Lenders on theThird Borrowing Date.
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Examples of Third Borrowing in a sentence

  • The Administrative Agent shall have received a written Certificate certified by the Responsible Officer of the Borrower setting forth the Agreed Third Borrowing Invoices to be paid with the proceeds of the Third Borrowing and certifying the funds from the Second Borrowing were used to pay the Agreed Second Borrowing Invoices, in each case, as set forth in Section 5.12.

  • Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the Third Borrowing Milestone no later than thirty (30) days thereafter.

  • A Notice of Borrowing shall have been received no later than sixty (60) calendar days after achievement by Borrower of the Third Borrowing Milestone.

  • The Administrative Agent shall have received from the Borrower a promissory note (in respect of the Third Borrowing) signed on behalf of the Borrower (or written evidence satisfactory to the Administrative Agent (which may include telecopy transmission of a signed signature page to this Agreement) that such party has signed a counterpart of such promissory note).

  • Section 2.01(b) of the Credit Agreement is hereby amended by replacing the text “(other than the Third Borrowing Date, the Fourth Borrowing Date, the Fifth Borrowing Date and the Sixth Borrowing Date)” immediately after the text “on each Borrowing Date” in the first sentence of such Section with the text “(other than the Third Borrowing Date, the Fourth Borrowing Date, the Fifth Borrowing Date, the Sixth Borrowing Date and the Seventh Borrowing Date)”.

  • Section 2.01(b) of the Credit Agreement is hereby amended by (i) adding the text “(other than the Third Borrowing Date, the Fourth Borrowing Date, the Fifth Borrowing Date and the Sixth Borrowing Date)” immediately after the text “on each Borrowing Date” in the first sentence of such Section and (ii) adding the text “including accrued and unpaid interest thereon” immediately following the text “on such date”.

  • Section 1.01 of the Credit Agreement is hereby amended by restating the definition of “Fourth Borrowing Date” to read in its entirety as follows: “ Fourth Borrowing Date” means the Business Day on which the Fourth Loan is made as provided pursuant to Section 4.03, which date shall occur on or after the Third Borrowing Date.

  • For the Lenders, pro rata in accordance with their Proportionate Shares, the Warrants, duly executed by Borrower equal to 0.5% of the common stock of Borrower, calculated on a Fully-Diluted Basis (as defined in the Warrant) as of the dated of the Third Borrowing).

  • The type and location of each valve shall be designated by the city and approved by the governing utility district.

  • Item 4 of the Schedule 13D is amended and supplemented as follows: On October 31, 2023, as a result of NEA 18 VGE funding a Borrowing (as defined in the Credit Agreement) for $3,643,411 (the “Third Borrowing Amount”), the Issuer issued 100,606 Warrants equal to the product of (i) the quotient of (A) the Third Borrowing Amount divided by (B) the Total Borrowing Commitment multiplied by (ii) the Maximum Warrants.


More Definitions of Third Borrowing

Third Borrowing means the Borrowing under this Agreement which occurs upon satisfaction of the conditions precedent set forth in Section 6.01.
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Third Borrowing has the meaning set forth in Section 6.03.
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Related to Third 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.

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

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • Bid Borrowing means a borrowing consisting of simultaneous Bid Loans of the same Type from each of the Lenders whose offer to make one or more Bid Loans as part of such borrowing has been accepted under the auction bidding procedures described in Section 2.03.

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • 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.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

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

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

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

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

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

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

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

  • Initial Revolving Borrowing means one or more borrowings of Dollar Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of “Permitted Initial Revolving Borrowing Purposes.”

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

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