Revolving Borrowing definition
Examples of Revolving Borrowing in a sentence
Borrowings also may be classified and referred to by Class (e.g., a "Revolving Borrowing") or by Type (e.g., a "Term Benchmark Borrowing", an "RFR Borrowing" or "an Adjusted REVSOFR30 Rate Borrowing") or by Class and Type (e.g., a "Term Benchmark Revolving Borrowing", an "RFR Revolving Borrowing" or "an Adjusted REVSOFR30 Rate Revolving Borrowing").
No Event of Default under Section 8.01(a), 8.01(f) or 8.01(g) shall have occurred and be continuing on the Longhorn Acquisition Funding Date, either immediately before or immediately after giving effect, on a Pro Forma Basis, to the Longhorn Acquisition and all Indebtedness incurred in connection therewith (including the Incremental Term A-1 Loans and the Longhorn Acquisition Revolving Borrowing).