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.
Committed Borrowing means a borrowing consisting of simultaneous Committed Advances of the same Type made by each of the Lenders pursuant to Section 2.1.
Committed Borrowing means a Borrowing hereunder consisting of Committed Loans made on the same day by the Banks ratably according to their respective Pro Rata Shares and, in the case of Offshore Rate Committed Loans, having the same Interest Periods.
Examples of Committed Borrowing in a sentence
In such event, the Borrowers shall be deemed to have requested a Committed Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Aggregate Commitments and the conditions set forth in Section 4.02 (other than the delivery of a Committed Loan Notice).
If such Lender pays its share of the applicable Committed Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Committed Loan included in such Committed Borrowing.
More Definitions of Committed Borrowing
Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and Tranche, in the same currency and, in the case of Eurocurrency Rate Committed Loans, having the same Interest Period.
Committed Borrowing means a Borrowing under Section 2.01(a).
Committed Borrowing means a Revolving Credit Borrowing or a Term Borrowing, as the context may require.
Committed Borrowing means a borrowing consisting of simultaneous Committed Loans made by each of the Lenders pursuant to Section 2.01.
Committed Borrowing means a borrowing consisting of simultaneous Committed Loans from each of the Banks distributed ratably among the Banks in accordance with their respective Commitments.