Conditions to Borrowing definition

Conditions to Borrowing means, in connection with the funding of Loans on any Funding Date, each of the conditions precedent to the obligation of the Lenders to make a Loan on a Funding Date set forth in Section 3.02.
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Conditions to Borrowing. Conditions precedent to the borrowing under the Initial Facility will be limited to those set forth in Annex IV(a) hereto.
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Conditions to Borrowing. All borrowings under the Tender Offer Facility will be subject to satisfaction of the following conditions:
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Examples of Conditions to Borrowing in a sentence

  • The Agent shall have received evidence reasonably satisfactory to Agent that the Conditions to Borrowing set forth in the Summary of Terms and Conditions dated October 10, 2018 have been satisfied.

  • Board staff also questioned why the Discharger didn’t propose to line the bottom of the unit after removing the ash; the Discharger responded that this concept would be discussed in the closure plan.

  • Conditions to Borrowing on the Closing Date: The borrowing under the Facility on the Closing Date will be subject to the conditions expressly set forth in Annex B to the Commitment Letter (the “Funding Conditions”).

  • The agent (SK YachtCharter Agentur SKORPIOS) is liable as the broker only for grossly negligent or intentional breach of duty with the procurement, but he is not liable for the provision of the arranged services concerning the charter itself.

  • Although the settlement has been approved by the Nassau County Legislature, the Bank’s receipt of the refund is contingent upon the granting of a judgment by the Supreme Court of the State of New York and therefore the refund has not yet been included in the Bank’s results of operations.

  • Conditions to Borrowing: The extension of credit under the Term Loan Facility on the Closing Date will be subject solely to the conditions precedent applicable to the Term Loan Facility set forth in Exhibit C to the Commitment Letter.

  • Conditions to Borrowing: The Bridge Facility shall be available on the Closing Date, subject to the satisfaction (or waiver) of the conditions precedent set forth in the Conditions Precedent Exhibit.

  • Conditions to Borrowing any Advance 59 ARTICLE V REPRESENTATIONS AND WARRANTIES Section 5.01.

  • Conditions to Borrowing, Loan Agreement to include conditions, reps & warranties ------------------------ and events default customary in this type of transaction of Representations ------------------ & Warranties, Events -------------------- of Default: ----------- Expenses: Borrower will pay all legal expenses to prepare loan documents.

  • Conditions to Borrowing: Conditions precedent to initial borrowing under the Bridge Facility will include (without limitation) those set forth in the Commitment Letter, under clauses 10 through and including 15 of "Conditions to Initial Borrowings" in Annex I to the Commitment Letter and the following: 1.


More Definitions of Conditions to Borrowing

Conditions to Borrowing. The availability of the Incremental Term Loan Facility on the Closing Date will be subject solely to (a) the applicable conditions set forth in Section 6 of the Commitment Letter and in Exhibit C to the Commitment Letter, (b) delivery of a customary borrowing notice, (c) the accuracy of representations and warranties in all material respects subject, to the Certain Funds Provisions and (d) the conditions set forth in Section 2.17(d) of the Credit Agreement (with the Acquisition being deemed to be a Limited Condition Acquisition (as defined in the Credit Agreement)), subject to the Certain Funds Provisions.
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Related to Conditions to Borrowing

  • Borrowing means a Revolving Credit Borrowing or a Swing Line Borrowing, as the context may require.

  • 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 Committed Borrowing.

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

  • 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).