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 has the meaning given to it in Clause 7.5 (Mandatory Prepayment).
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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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Examples of Borrowing Proceeds in a sentence

  • Temporary (Cash Flow) Borrowing Proceeds are credited to General Fund liability account 811100.

  • 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.

  • Discussion and possible action to approve a Resolution Declaring Intention to Reimburse Certain Expenditures with Borrowing Proceeds related to the purchase of the City of Laredo properties.

  • 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 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").

  • Controlled will contribute a portion of the Borrowing Proceeds to Sub 5 which will then contribute the Borrowing Proceeds to FSub 30 to repay its creditors.

  • 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").

  • Discussion and presentation to approve a Resolution Declaring Intention to Reimburse Certain Expenditures with Borrowing Proceeds related to the Zachry Elementary School project.

  • Zachry Elementary and a district wide electrical generator, and to appropriate funds as a transfer in from the 2014 Series Bond (694) to reimburse the General Operating Fund (199) with bond proceeds as previously discussed in the November 14, 2013 board approved Resolution Declaring Intention to Reimburse Certain Expenditures with Borrowing Proceeds.


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 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).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

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

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • 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.

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

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

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

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

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

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

  • Term Loan 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 Loan Lenders pursuant to Section 2.01(a).

  • Refinancing Proceeds means the proceeds of the refinancing of any indebtedness of the Company, less the amount of expenses incurred by or on behalf of the Company in connection with such refinancing.

  • Revolving Advance has the meaning given in Section 2.1.

  • Swingline Borrowing means a borrowing of a Swingline Loan pursuant to Section 2.04.

  • 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 Revolving Lenders pursuant to Section 2.01(b).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Revolving Advances means Advances made other than Letters of Credit.

  • 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.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Subsequent Borrowings has the meaning assigned to such term in Section 2.19.