Third Borrowing definition

Third Borrowing shall have the meaning assigned to such term in Section 2.01(a).
Sample 1Sample 2
Third Borrowing means the third Borrowing under this Agreement upon satisfaction of the conditions precedent set forth in Section 6.02.
Sample 1
Third Borrowing has the meaning set forth in Section 6.03.
Sample 1

Examples of Third Borrowing in a sentence

  • 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).

  • At the end of the Third Borrowing Period, Agent shall calculate the aggregate principal balance of all then outstanding Equipment Loans made during the Third Borrowing Period, which amount shall amortize in equal and consecutive monthly installments of principal, based on a 36-month amortization schedule (the amount of each such monthly installment, the “Third Borrowing Period Monthly Installment”).

  • Ms H Lagden, Purbeck Tourism Officer, reported on the following matters:-a) Swanage & Purbeck Holiday GuideThe 2015 edition was now being distributed.

  • The amount of such Borrowing may either be (A) up to $10,000,000, provided that Borrowers have achieved a Third Borrowing Minimum Revenue of at least $35,000,000, or (B) up to $15,000,000, provided that Borrowers have achieved a Third Borrowing Minimum Revenue of at least $40,000,000.

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

  • The Third Borrowing shall be in an aggregate amount of no more than $[*].

  • 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).

  • Confirmation that the Borrower’s Revenue from the sale of the Products has exceeded [redacted in accordance with Section 12.2(3) of National Instrument 51-102] during any consecutive twelve (12) month period (the “Third Borrowing Milestone”), provided that the Third Borrowing Milestone shall be achieved no later than June 30, 2017.

  • Each of the First Borrowing, the Second Borrowing, the Third Borrowing and the Fourth Borrowing shall be made by the Lenders ratably in accordance with their respective Commitments.

  • Confirmation that [redacted] (collectively, the “Third Borrowing Milestone”), provided that the Third Borrowing Milestone shall be achieved in time to provide the Administrative Agent with a Notice of Borrowing in compliance with Section 2.02 and Section 6.03(a).


More Definitions of Third Borrowing

Third Borrowing means the third Borrowing under this Agreement in accordance with Section 2.02.
Sample 1
Third Borrowing means the making of the Third Loan by the Lenders on theThird Borrowing Date.
Sample 1

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 of Canadian Loans.

  • 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 consisting of simultaneous Revolving 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.

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

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

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

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

  • 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 of a Swingline Loan pursuant to Section 2.04.

  • 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 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).

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • 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 a Borrowing comprised of Term SOFR Loans.

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

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

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

  • 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).

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