Definition of Term B-1 Borrowing


Term B-1 Borrowing means a borrowing consisting of simultaneous Term B-1 Loans of the same Type and having the same Interest Period made by each of the Term B-1 Lenders pursuant to Section 2.01(a)(ii).

Examples of Term B-1 Borrowing in a sentence

Each Term B-1 Lender will make the amount of its pro rata portion of the Term B-1 Borrowing available to the Administrative Agent for the account of the Borrower at the New York office of the Administrative Agent specified in Section 10.01 prior to 10:00 a.m., New York City time, on the Original Effective Date in funds immediately available to the Administrative Agent.
The Term B1 Borrowing shall consist of Term B1 Loans made simultaneously by the Term B Lenders in accordance with their respective Term B1 Commitments.
The Euro Term B-1 Borrowing shall consist of Euro Term B-1 Advances made simultaneously by the Euro Term B-1 Lenders in accordance with their respective Ratable Share of the Euro Term B-1 Facility.
Term B1 Borrowing means a borrowing consisting of simultaneous Term B1 Loans of the same Type made by the Term B1 Lenders.
Term B1 Borrowing means a borrowing pursuant to Section 2.01(a)(ii) or (iii) consisting of simultaneous Term B1 Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period as the Exchanged Term B Loans, made by the Term B1 Lenders.