Term B Borrowing definition

Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.
Term B Borrowing means any Borrowing comprised of Term B Loans.
Term B Borrowing means a borrowing consisting of simultaneous Initial Term B Loans or Incremental Term B Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the applicable Term B Lenders pursuant to Section 2.01(a) or the applicable Incremental Amendment, as the case may be.

Examples of Term B Borrowing in a sentence

  • The Term B Borrowing shall consist of Term B Loans made simultaneously by the Term B Lenders in accordance with their respective Term B Commitments.


More Definitions of Term B Borrowing

Term B Borrowing means a Borrowing comprised of Term B Loans.
Term B Borrowing means a borrowing consisting of simultaneous Term B Loans of the same Type and, in the case of Term SOFR Loans, having the same Interest Period made by each of the Term B Lenders pursuant to Section 2.01(b).
Term B Borrowing set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:
Term B Borrowing means a borrowing consisting of one or more simultaneous Term B Loans of the same Type under a Term B Facility.
Term B Borrowing means a Borrowing by the Borrower from all of the Term B Lenders having Term B Commitments which Borrowing comprises all or a portion of the Term B Loan of each of the Term B Lenders to the Borrower.