Definition of Term B1 Borrowing

  1. 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

  1. (i) The aggregate Term B1 Commitments shall be automatically and permanently reduced to zero on the date of the Term B1 Borrowing.

Definition of Term B1 Borrowing in To the Credit Agreement

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