Initial Borrowing Date definition

Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

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Initial Borrowing Date means the Business Day on which the initial Borrowing occurs.

Initial Borrowing Date means the date upon which the Term Loans are initially incurred hereunder.

Examples of Initial Borrowing Date in a sentence

• On the Initial Borrowing Date, the Lenders shall make Loans (subject to the limitations specified in Clause 2.1) in respect of certain Advances relating to certain Additional Aircraft which were paid by or on behalf of the Borrower prior to the Initial Borrowing Date in the amounts equal to the applicable Financed Amounts.

• The proceeds of such Loans shall be paid to the Borrower; provided, however, that the Borrower shall have paid all Advances relating to any Additional Aircraft that were due and payable prior to the Initial Borrowing Date, and the Borrower shall remain responsible for the Advances in an amount equal to the Equity Contributions applicable as of the Initial Borrowing Date for each Aircraft (including the Existing Aircraft and the Additional Aircraft).

More Definitions of Initial Borrowing Date

Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans hereunder occurs.

Initial Borrowing Date means the date of the initial Borrowing hereunder.

Initial Borrowing Date shall have the meaning provided in the Original Credit Agreement.

Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Credit Event hereunder occurs.

Initial Borrowing Date means the date on which all conditions precedent set forth herein to the initial Borrowings are satisfied or waived in writing and the initial Borrowing hereunder occurs.

Initial Borrowing Date shall have the meaning the first Borrowing Date (if any) pursuant to which a Loan is made in accordance with the terms of the U.S. Receivables Loan Agreement.

Initial Borrowing Date means the date on which the initial incurrence of Advances occurs.