The Borrower will use the proceeds of the Loans made on the Closing Date to fund the Stock Buy-Back and pay fees and expenses associated therewith and after the Closing Date use the proceeds of any Borrowing (other than any Tranche B-2 Term Borrowing) for general corporate purposes and working capital needs.
Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.
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).
Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.
Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.
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.
Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.
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).
Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.
RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.
Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).
Revolving Loan Borrowing means a borrowing of a Revolving Loan.
SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.
Pro-Rata Borrowing has the meaning assigned to such term in Section 2.03(a).
Tranche C Term Loan as defined in Section 2.1.
Tranche B Term Loan as defined in Section 2.1.
Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.
Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.
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.
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.”
Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.
Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).
Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.
ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.
Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.
Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.
Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.