Definition of Term Borrowing


Term Borrowing means a Borrowing comprised of Term Loans.
Sample 1 Sample 2 Sample 3


Term Borrowing means a Term B Borrowing or a borrowing in respect of Incremental Term Loans, as the context requires.
Sample 1 Sample 2 Sample 3

Term Borrowing means a borrowing consisting of simultaneous Term Advances of the same Type made, Converted or Continued on the same day, and, in the case of Eurodollar Advances, as to which a single Interest Period is in effect.
Sample 1 Sample 2 Sample 3

Examples of Term Borrowing in a sentence

The Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Percentage of the Term Facility.
The Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Term Commitments.
Each Revolving Borrowing and Term Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the case of a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request.
The Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Percentages of the Term Facility.
If any Incremental Term Loan is to be allocated to an existing Interest Period for a Eurodollar Term Borrowing, then the interest rate thereon for such Interest Period and the other economic consequences thereof shall be as set forth in the applicable Incremental Term Loan Assumption Agreement.



More definitions of Term Borrowing

Term Borrowing means a Dollar Term B-1 Borrowing, a Euro Term B-1 Borrowing, a Term B-2 Borrowing, a Dollar Term C-1 Borrowing, a Euro Term C-1 Borrowing, a Term C-2