Definition of Term B1 Borrowing


Term B1 Borrowing means a borrowing consisting of simultaneous Term B1 Loans of the same Type made by the Term B1 Lenders.

Examples of Term B1 Borrowing in a sentence

Term B1 Borrowing means a borrowing consisting of simultaneous Term B1 Loans of the same Type made by the Term B1 Lenders.
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.
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.