Borrowing Proceeds definition

Borrowing Proceeds means proceeds from the Certegy Revolving Credit Agreement in the amount of $275,000,000.
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Borrowing Proceeds means the cash proceeds of any Debt other than Excluded Debt received by the Borrower or any member of the NL Holdco Group after the Closing Date after deducting any reasonable expenses in relation to that Debt which are incurred by the Borrower or such member of the NL Holdco Group.
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Borrowing Proceeds has the meaning given to it in Clause 7.5 (Mandatory Prepayment).
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Examples of Borrowing Proceeds in a sentence

  • On or prior to the Distribution Date and -------------- effective as of the Effective Time, Equifax shall contribute to Certegy all of the Certegy Assets in exchange for (i) the Borrowing Proceeds and (ii) a number of shares of Certegy Common Stock that when combined with the shares of Certegy Common Stock already owned by Equifax shall equal all the shares to be distributed as provided in Section 3.03 below (the "Contribution").

  • Certegy shall use all ---------------------------------- reasonable efforts promptly to obtain, and to satisfy all conditions for borrowing under the Certegy Revolving Credit Agreement in an amount sufficient to allow Certegy to generate the Borrowing Proceeds and conduct the business of Certegy after the Distribution Date.

  • On or prior to the Distribution Date and -------------- effective as of the Effective Time, Equifax shall contribute to PSI all of the PSI Assets in exchange for (i) the Borrowing Proceeds and (ii) a number of shares of PSI Common Stock that when combined with the shares of PSI Common Stock already owned by Equifax shall equal all the shares to be distributed as provided in Section 3.03 below (the "Contribution").

  • PSI shall use all ------------------------------ reasonable efforts promptly to obtain, and to satisfy all conditions for borrowing under the PSI Revolving Credit Agreement in an amount sufficient to allow PSI to generate the Borrowing Proceeds and conduct the business of PSI after the Distribution Date.


More Definitions of Borrowing Proceeds

Borrowing Proceeds means the net cash proceeds of any issuance or incurrence by any member of the Group (other than Excluded Subsidiaries) of any debt capital market instrument or any bank financing, other than:
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Borrowing Proceeds means proceeds from the PSI Revolving Credit Agreement in the amount of $ .
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Borrowing Proceeds means proceeds from the PSI Revolving Credit Agreement in the amount of $_________.
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Related to Borrowing Proceeds

  • 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.

  • RFR Borrowing means, as to any Borrowing, the RFR 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 Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

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