Borrowing Requirement definition

Borrowing Requirement means the amount that you, as a potential Borrower, would like to borrow via the Lending Platform and the purpose for which you want to use it;
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Borrowing Requirement means the amount that you, as a potential Student, would like to borrow via the EdAid Platform and the purpose for which you want to use it;
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Examples of Borrowing Requirement in a sentence

  • As local authority borrowing is included in the national Public Sector Borrowing Requirement it must be affordable both nationally and locally.

  • As local authority borrowing is included in the national Public Sector Borrowing Requirement, it must be affordable both nationally and locally.

  • The local government sector is being subjected to a sustained period of budget reductions as part of the Government’s strategy for reducing the Public Sector Borrowing Requirement (PSBR).

  • By posting a Loan Appeal a Borrower is agreeing to accept each of the loans from Lenders that meets a Borrower’s Borrowing Requirement and is matched with their requested amount.

  • The reductions in public expenditure had the effect of reducing the Exchequer Borrowing Requirement towards the end of the decade and creating an environment of modest economic growth in the period 1987 to 1989.

  • Limits on the amount borrowed in advance of need are identified in the Cumulative Maximum External Borrowing Requirement for future financial years set out in the table at paragraph 4.4. This also sets the periods between borrowing and expenditure.

  • Loans taken out by housing associations are, by contrast, omitted from the Public Sector Borrowing Requirement and from statutory controls.

  • The following table identifies the movements in the Housing Borrowing Requirement for next year and shows that borrowing levels will be contained within the Government’s debt cap.

  • Table 3 shows that the Council does not envisage any problem in meeting this prudential indicator during the period covered by this report estimated borrowing is less than the underlying borrowing and the Net Borrowing Requirement is significantly less / positive (the highlighted line).

  • The Borrowing Requirement also takes into account maturing debt requiring to be refinanced, less an annual amount amortised (charged) to the Revenue Account (to ensure the total debt on the ongoing programme matches the remaining useful life of the underlying assets).

Related to Borrowing Requirement

  • Borrowing Request means a request by the Borrower for a Revolving Borrowing in accordance with Section 2.03.

  • borrowing rate means the interest rate expressed as a fixed or variable percentage applied on an annual basis to the amount of credit drawn down;

  • Swingline Borrowing Request means a request by the Borrower substantially in the form of Exhibit C-2.

  • Request for Borrowing has the meaning provided in Section 2.3(a).

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

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • 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.

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

  • Borrowing Notice is defined in Section 2.8.

  • 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.

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

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

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

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

  • Committed Borrowing means a borrowing consisting of simultaneous Committed 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.

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

  • Funding Request shall have the meaning set forth in Section 5.3(a).

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • Canadian Borrowing means a Borrowing of Canadian Loans.

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

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

  • Notice of Committed Borrowing has the meaning specified in Section 2.02(a).

  • Notice of Swingline Borrowing means a notice in the form of Exhibit F to be delivered to the Agent pursuant to Section 2.04 evidencing the Borrower’s request for a Swingline Loan.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving 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 Revolving Lenders pursuant to Section 2.01(b).

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