Term Borrowing definition
Term Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).
Term Borrowing means a Borrowing comprised of Term Loans.
Term Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).
Examples of Term Borrowing in a sentence
The applicable Borrower may elect from time to time to convert its Borrowings to a different Type or to continue such Borrowing and, in the case of a Eurocurrency Standby Borrowing and/or Eurocurrency Term Borrowing, as applicable, may elect Interest Periods therefor, all as provided in this Section.
More Definitions of Term Borrowing
Term Borrowing means a Term B Borrowing or a borrowing in respect of Incremental Term Loans, as the context requires.
Term Borrowing means any Term B Borrowing or any Incremental Term Borrowing.
Term Borrowing means a borrowing of the same Type of Term Loan of a single Tranche from all the Lenders having Term Commitments or Term Loans of the respective Tranche on a given date (or resulting from a conversion or conversions on such date) having in the case of SOFR Loans, the same Interest Period.
Term Borrowing means a borrowing consisting of simultaneous Term Advances of the same Type made by the Term Lenders pursuant to Section 2.01(c).
Term Borrowing means a borrowing consisting of simultaneous Term Advances of the same Type made by the Term Lenders.
Term Borrowing means a Borrowing comprised of Tranche A Term Loans or Tranche B Term Loans.
Term Borrowing means either a Term A-1 Borrowing or a Term A-2 Borrowing.