LOAN BORROWING DATE definition

LOAN BORROWING DATE means the Business Day specified in a notice pursuant to SECTION 2.2 as a date on which Company requests Banks to make the Loans hereunder.
Sample 1
LOAN BORROWING DATE means a Working Capital Loan Borrowing Date or a Reducing Revolving Loan Borrowing Date, as the case may be.
Sample 1
LOAN BORROWING DATE means the date on which the Loans are made, which date shall be, at the election of the Borrower, the Effective Date or any Business Day no later than forty-five (45) after the Effective Date (but in no event shall be a date on or after the Maturity Date).
Sample 1

Examples of LOAN BORROWING DATE in a sentence

  • BID shall have the meaning assigned to such term in Section 2.9.2. BID LOAN BORROWING DATE shall mean, with respect to any Bid Loan, the date for the making thereof which shall be a Business Day.

  • As one of the selected sites, the Buffalo, NY ITS4US deployment concept addresses: 1.

  • Budget Information for Non-construction Programs: Form SF-424A (prior to award, a Form SF-424A for each year of funding will be required) Applicants are required to submit a SF-424A Budget Form to summarize the budget for the proposed scope of work.

  • EACH LENDER’S TRANCHE B TERM LOAN COMMITMENT SHALL TERMINATE IMMEDIATELY AND WITHOUT FURTHER ACTION ON THE TRANCHE B TERM LOAN BORROWING DATE AFTER giving effect to the funding of such Lender’s Tranche B Term Loan Commitment on such date.

  • SUBJECT TO THE TERMS AND CONDITIONS SET FORTH IN SECTION 6.01, EACH LENDER, SEVERALLY AND NOT JOINTLY, AGREES TO PROVIDE ITS SHARE OF THE TRANCHE A TERM LOAN TO THE BORROWER ON THE TRANCHE A TERM LOAN BORROWING DATE IN DOLLARS IN A PRINCIPAL AMOUNT NOT TO EXCEED SUCH LENDER’S TRANCHE A TERM LOAN COMMITMENT.

  • The Rehn- Meidner model is associated with the hypothesis that a recovery may be initiated by the innovative sector.

  • EACH LENDER’S TRANCHE A TERM LOAN COMMITMENT SHALL TERMINATE IMMEDIATELY AND WITHOUT FURTHER ACTION ON THE TRANCHE A TERM LOAN BORROWING DATE AFTER GIVING EFFECT TO THE funding of such Lender’s Tranche A Term Loan Commitment on such date.

  • ON THE TRANCHE A TERM LOAN BORROWING DATE, THE BORROWER SHALL PAY TO THE ADMINISTRATIVE AGENT OUT OF THE PROCEEDS OF THE TRANCHE A TERM LOAN A NON- REFUNDABLE FEE IN THE AMOUNT EQUAL TO 1.75% OF THE PRINCIPAL AMOUNT OF THE TRANCHE A TERM LOAN ADVANCED BY THE LENDERS ON SUCH DATE IN EXCESS OF $15,000,000 (IF ANY) (THE “Tranche A Closing Fee”).


More Definitions of LOAN BORROWING DATE

LOAN BORROWING DATE means a Revolving Credit Loan Borrowing Date in connection with a Revolving Credit Loan and a Term Loan Borrowing Date in connection with a Term Loan, as the case may be.
Sample 1

Related to LOAN BORROWING DATE

  • 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).

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

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

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

  • Canadian Borrowing means a Borrowing of Canadian Loans.

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

  • 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).

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

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

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

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

  • 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.

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

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

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

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

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Term 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 Lenders pursuant to Section 2.01(a).

  • 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).

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • 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.

  • 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.

  • Term Loan as defined in Section 2.1.