Definition of Term Loan Borrowing Date

  1. Term Loan Borrowing Date means the date on which the Term Loans are made, which date shall be, at the election of the Borrower, the Effective Date or any Business Day no later than sixty (60) days after the Effective Date.

Examples of Term Loan Borrowing Date in a sentence

  1. The Term Loan Commitment of each Term Loan Lender shall be immediately and permanently reduced on each Term Loan Borrowing Date upon such Term Loan Lender making a Term Loan to Borrower on such Term Loan Borrowing Date in an amount corresponding to such Term Loan Lender's Applicable Term Loan Percentage of the aggregate principal amount of the Term Loan Loans made by the Term Loan Lenders to Borrower on such Term Loan Borrowing Date.

Definition of Term Loan Borrowing Date in Second Amended and Restated Credit Agreement

Term Loan Borrowing Date means the date on which the Term Loans are made, which date shall be, at the election of the Borrower, the Effective Date or any Business Day no later than sixty (60) days after the Effective Date.