US Tranche Revolving Borrowing definition

US Tranche Revolving Borrowing means a Borrowing comprised of US Tranche Revolving Loans.
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US Tranche Revolving Borrowing means a borrowing consisting of simultaneous U.S. Tranche Revolving Loans of the same Type, and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the U.S. Tranche Revolving Lenders pursuant to Section 2.01(b)(i).
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US Tranche Revolving Borrowing means a U.S. Tranche Revolving A Borrowing or a U.S. Tranche Revolving B Borrowing.
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Examples of US Tranche Revolving Borrowing in a sentence

  • Borrowings also may be classified and referred to by Class (e.g., a "US Tranche Revolving Borrowing") or by Type (e.g., a "US Tranche Eurocurrency Borrowing") or by Class and Type (e.g., a "Eurocurrency US Tranche Revolving Borrowing").

  • Notwithstanding the preceding sentence, any U.S. Tranche Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter to the Administrative Agent not less than three (3) Business Days prior to the date of such U.S. Tranche Revolving Borrowing.

  • Each US Tranche Revolving Loan shall be made as part of a US Tranche Revolving Borrowing consisting of US Tranche Revolving Loans of the same Type made by the US Tranche Lenders ratably in accordance with their respective US Tranche Commitments.

  • Borrowings also may be classified and referred to by Class (E.G., a "US Tranche Revolving Borrowing") or by Type (E.G., a "US Tranche Eurocurrency Borrowing") or by Class and Type (E.G., a "Eurocurrency US Tranche Revolving Borrowing").

  • Thereafter, the relevant Borrower may elect to convert any US Tranche Revolving Borrowing, Multicurrency Tranche Revolving Borrowing or Australian Tranche Revolving Borrowing to a Borrowing of a different Type and, in the case of a Eurocurrency Revolving Borrowing or a Xxxx Rate Borrowing, may elect Interest Periods therefor, all as provided in this Section.

  • Borrowings also may be classified and referred to by Class (e.g., a "US Tranche Revolving Borrowing" or a "Revolving Borrowing") or by Type (e.g., a "Eurocurrency Borrowing") or by Class and Type (e.g., a "Eurocurrency Revolving Borrowing").

  • Borrowings also may be classified and referred to by Class (e.g., a "US Tranche Revolving Borrowing") or by Type (e.g., a "Eurocurrency Borrowing") or by Class and Type (e.g., a "US Tranche Eurocurrency Revolving Borrowing").

  • Borrowings also may be classified and referred to by Class (E.G., a "US Tranche Revolving Borrowing") or by Type (E.G., a "Eurocurrency Borrowing") or by Class and Type (E.G., a "Eurocurrency US Tranche Revolving Borrowing").

  • Notwithstanding the preceding sentence, any U.S. Tranche Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such U.S. Tranche Revolving Borrowing.


More Definitions of US Tranche Revolving Borrowing

US Tranche Revolving Borrowing means a Borrowing comprised of U.S. Tranche Revolving Loans.
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US Tranche Revolving Borrowing a Borrowing comprised of US Tranche Revolving Loans.
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Related to US Tranche Revolving Borrowing

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • 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.

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

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

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • 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 Committed Borrowing.

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

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • 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.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Revolving Loan has the meaning specified in Section 2.01(a).

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