Definition of Term Borrowings

  1. Term Borrowings means, collectively, Initial Term Borrowings and Incremental Term Borrowings.
  2. Term Borrowings means a borrowing consisting of simultaneous Term Loans of the same type made by the appropriate Term Loan Banks.

Examples of Term Borrowings in a sentence

  1. (e) After giving effect to all Term Borrowings, all conversions of Term Loans from one Type to the other, and all continuations of Term Loans as the same Type, there shall not be more than ten (10) Interest Periods in effect in respect of the Term Facility.
  2. Repayments of Term Borrowings shall be accompanied by accrued interest on the amount repaid.
  3. The Borrower shall pay to the Administrative Agent for the ratable account of the Revolving Lenders or Term Lenders, as applicable, all accrued but unpaid interest on Base Rate Advances in respect of Revolving Borrowings or Term Borrowings, as applicable, quarterly in arrears, on each March 31st, June 30th, September 30th, and December 31st , commencing on December 31, 2014, and on the Revolving Maturity Date or the Term Maturity Date, as applicable.

Definition of Term Borrowings in Second Amended and Restated Credit Agreement

Term Borrowings means, collectively, Initial Term Borrowings and Incremental Term Borrowings.


Definition of Term Borrowings in Reimbursement Agreement

Term Borrowings means a borrowing consisting of simultaneous Term Loans of the same type made by the appropriate Term Loan Banks.