REBORROW definition

REBORROW. REBORROWED" and "REBORROWING" each refers to a borrowing pursuant to which Committed Advances are reborrowed as Competitive Bid Advances or Competitive Bid Advances are reborrowed as Committed Advances, in each case for a principal amount not more than the principal amount of the Advances outstanding at the time of such reborrowing.
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Examples of REBORROW in a sentence

  • SUBJECT TO THE TERMS AND CONDITIONS HEREOF, THE BORROWER MAY BORROW, REPAY AND REBORROW REVOLVING CREDIT LOANS HEREUNDER UNTIL THE MATURITY DATE.

  • Within the limits of the Equipment Loan Borrowing Base, so long as Borrower is in compliance with all of the terms and conditions of this Agreement and no Defaulting Event has occurred, Borrower may request borrowings and repay BUT NOT REBORROW Initial Equipment Loans.

  • Within the limits of the Equipment Loan Borrowing Base, subject to the terms and conditions of this Agreement and so long as no Defaulting Event has occurred, Borrower may request borrowings (but, in any event, no more than one time per fiscal quarter of the Borrower) and repay BUT NOT REBORROW Fifth Stage Equipment Loans.

  • WITHIN THE FOREGOING LIMITS AND SUBJECT TO THE TERMS AND CONDITIONS SET FORTH HEREIN, THE BORROWERS MAY BORROW, PREPAY AND REBORROW SWINGLINE LOANS.

  • SUBJECT TO THE TERMS OF THIS AGREEMENT, FROM TIME TO TIME, AND AFTER THE DATE HEREOF UNTIL THE EXPIRATION DATE, THE BORROWERS MAY BORROW, REPAY AND REBORROW REVOLVING LOANS.

  • SUBJECT TO THE LIMITATIONS SET FORTH HEREIN, MAKER MAY BORROW, REPAY AND REBORROW HEREUNDER AND THERE IS NO LIMITATION ON THE NUMBER OF LOANS MADE HEREUNDER SO LONG AS THE TOTAL UNPAID PRINCIPAL AMOUNT AT ANYTIME OUTSTANDING DOES NOT EXCEED THE COMMITMENT.

  • NOTWITHSTANDING ANYTHING CONTAINED IN ANY SECURITY DOCUMENT, UPON SECURED PARTY MATERIALLY ISSUING OR INCURRING DEBT, AS DETERMINED BY SECURED PARTY IN ITS SOLE DISCRETION, DEBTOR SHALL IMMEDIATELY REPAY, WITHOUT THE OPPORTUNITY TO REBORROW, 100% OF THE PROCEEDS FROM SAID ISSUANCE OR INCURRENCE OF DEBT.

  • Within the limits of the Equipment Loan Borrowing Base, so long as Borrower is in compliance with all of the terms and conditions of this Agreement and no Defaulting Event has occurred, Borrower may request borrowings (but in any event, no more than one time per fiscal quarter of the Borrower) and repay BUT NOT REBORROW First Stage Equipment Loans.

  • WITHIN THE FOREGOING LIMITS, AND SUBJECT TO THE OTHER TERMS AND CONDITIONS HEREOF, THE COMPANY MAY BORROW UNDER THIS SECTION 2.05, PREPAY UNDER SECTION 2.06, AND REBORROW UNDER THIS SECTION 2.05.

  • Within the limits of the Equipment Loan Borrowing Base, subject to the terms and conditions of this Agreement and so long as no Defaulting Event has occurred, Borrower may request borrowings (but, in any event, no more than one time per fiscal quarter of the Borrower) and repay BUT NOT REBORROW Fourth Stage Equipment Loans.