Examples of Term B1 Borrowing in a sentence
The Term B-1 Borrowing shall consist of Term B-1 Loans made simultaneously by the Term B-1 Lenders in accordance with their respective Term B-1 Commitments.
The Administrative Agent shall have received a Committed Loan Notice in form reasonably acceptable to the Administrative Agent not later than 11:00 a.m. on the Business Day prior to the date of the proposed Term B-1 Borrowing.
Each Term B-1 Borrowing consisted of Term B-1 Loans made simultaneously by the Term B-1 Lenders in accordance with their respective Term B-1 Commitments.
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 Term B-1 Borrowing shall consist of Term B-1 Advances made simultaneously by the Term B-1 Lenders ratably according to their Term B-1 Commitments.
Ladies and Gentlemen: The undersigned hereby requests the [Term A Borrowing] [Term B-1 Borrowing] [Term B-2 Borrowing] on [__] (which is a Business Day) in the aggregate principal amount of $[60,000,000] [10,000,000] [55,000,000].
For the avoidance of doubt, the Term A Borrowing shall be in a principal amount of $60,000,000, the Term B-1 Borrowing shall be in a principal amount of $10,000,000, the Term B-2 Borrowing shall be in a principal amount of $15,000,000 and the Term C Borrowing shall be in a principal amount of $15,000,000.
The Initial Term B-1 Borrowing shall consist of Initial Term B-1 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-1 Commitments.
The Term B1 Borrowing shall consist of Term B1 Loans made simultaneously by the Term B1 Lenders in accordance with their respective Pro Rata Share of the Term B1 Facility.
Ladies and Gentlemen: The undersigned hereby requests the [Term A Borrowing] [Term B-1 Borrowing] [Term B-2 Borrowing] [Term C Borrowing] on [__] (which is a Business Day) in the aggregate principal amount of $[60,000,000] [10,000,000] [15,000,000] [$15,000,000].