Borrowing Period definition

Borrowing Period shall have the meaning set forth in Section 2.3(b)(ii) hereof.
Borrowing Period means the period beginning on the Second Restatement Effective Date and ending on the earliest of:
Borrowing Period means the period from the Closing Date to the earlier of (a) the Borrowing Expiration Date, or (b) the date the Commitment is terminated and the Warehousing Advances become due and payable under Section 12.2(a) or (b), or otherwise under this Agreement.

Examples of Borrowing Period in a sentence

  • Monthly principal payments will be initially determined for the Equipment Loans made during the Initial Borrowing Period and the amount of such monthly principal payments shall be increased upon the completion of each such subsequent Borrowing Period by the Amortization Amount for each such subsequent Borrowing Period.

  • At the end of the Borrowing Period the sum of the principal of all Term Loans shall amortize on the basis of a sixty month schedule (such amount, the “Amortization Amount”).

  • During the Borrowing Period, Borrower may borrow, repay and reborrow in accordance with the provisions of this Agreement.

  • If a Default or an Event of Default shall exist upon the expiration of the Borrowing Period applicable to any Fixed Rate Loan, such Loan automatically shall be converted into a Base Rate Loan.

  • Within the limits described in this Section 2(a), the Borrower may borrow, repay and reborrow Loans until the end of the Borrowing Period.


More Definitions of Borrowing Period

Borrowing Period means the period beginning on the Closing Date and ending on the earliest of:
Borrowing Period means the period commencing on the Closing Date and ending on the Termination Date.
Borrowing Period means the period that begins on date on which the conditions in Section 7(a) are satisfied and ends on the earlier of (i) the Maturity Date and (ii) the later of (x) the last settlement date occurring during the Amortization Period for which the Acquisition Date occurred during the period prior to the Amortization Period and (y) the first day of the Amortization Period; provided, if the CLO Pricing Date occurs during the Amortization Period, the Borrowing Period shall not be deemed to have ended pursuant to the foregoing clause (ii) but instead shall end on the CLO Closing Date.
Borrowing Period means the applicable period within the Availability Period during which the Borrower can make a Borrowing, as set forth in the Availability Schedule under the caption “Borrowing Period”; provided that only one Borrowing may be made during 560824274.4 [NEWYORK 2931135_16] each Borrowing Period and only on the corresponding Borrowing Date designated in the Availability Schedule.
Borrowing Period means the period commencing on the Effective Date and ending on September 26, 2015.
Borrowing Period means the period beginning on the date that the conditions precedent in Section 4 are satisfied (or waived) and ending on the earliest of (a) the Maturity Date; (b) the date on which the aggregate amount of Loans made hereunder equals the Maximum Amount; and (c) the date on which the obligations hereunder are accelerated pursuant to Section 8.
Borrowing Period means, with respect to each LIBOR Loan, a period commencing on a LIBOR Business Day and ending one (1), two (2), three (3) or six (6) months thereafter, as specified by the Borrower pursuant to Section 2.1 or 2.2 hereof (or, if requested by the Borrower and available to all the Lenders, a period commencing on a LIBOR Business Day and ending less than thirty (30) days thereafter), provided that any such period that would otherwise end on a day that is not a LIBOR Business Day shall be extended to the next succeeding LIBOR Business Day unless such LIBOR Business Day falls in another calendar month, in which case such period shall end on the next preceding LIBOR Business Day.