Definition of Term B Loan Borrowing


Term B Loan Borrowing means a borrowing of either Canadian Term B Loans or U.S. Term B Loans.

Examples of Term B Loan Borrowing in a sentence

Borrowings also may be classified and referred to by Class (e.g., a "Revolving Borrowing" or "Term B Loan Borrowing") or by Type (e.g., a "Eurocurrency Borrowing") or by Class and Type (e.g., a "Eurocurrency Revolving Borrowing" or "Eurocurrency Term B Loan Borrowing").
The Term B Loan Borrowing shall consist of Term B Loans made simultaneously by the Term B Loan Lenders in accordance with their respective Applicable Percentage of the Term B Facility.
Borrowings also may be classified and referred to by Class (e.g., a Revolving Borrowing or Term B Loan Borrowing) or by Type (e.g., a Eurocurrency Borrowing) or by Class and Type (e.g., a Eurocurrency Revolving Borrowing or Eurocurrency Term B Loan Borrowing).
Borrowings also may be classified and referred to by Class (e.g., a Term B Loan Borrowing) or by Type (e.g., a Eurocurrency Borrowing) or by Class and Type (e.g., a Eurocurrency Term B Loan Borrowing).
The Borrower may not request more than four Borrowings per month under the Term A Loan Facility pursuant to this SECTION 2.2. (b) The Term B Loan Borrowing shall be made upon receipt of a Notice of Borrowing given by the Borrower to the Administrative Agent not later than 11:00 A.M. (New York City time) one Business Day prior to the Closing Date.