Third Borrowing definition

Third Borrowing shall have the meaning assigned to such term in Section 2.01(a).
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Third Borrowing means the third Borrowing under this Agreement upon satisfaction of the conditions precedent set forth in Section 6.02.
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Third Borrowing means the making of the Third Loan by the Lenders on theThird Borrowing Date.
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Examples of Third Borrowing in a sentence

  • Section 2.01(b) of the Credit Agreement is hereby amended by replacing the text “(other than the Third Borrowing Date, the Fourth Borrowing Date, the Fifth Borrowing Date and the Sixth Borrowing Date)” immediately after the text “on each Borrowing Date” in the first sentence of such Section with the text “(other than the Third Borrowing Date, the Fourth Borrowing Date, the Fifth Borrowing Date, the Sixth Borrowing Date and the Seventh Borrowing Date)”.

  • The Administrative Agent shall have received from the Borrower a promissory note (in respect of the Third Borrowing) signed on behalf of the Borrower (or written evidence satisfactory to the Administrative Agent (which may include telecopy transmission of a signed signature page to this Agreement) that such party has signed a counterpart of such promissory note).

  • Borrower shall have delivered to Administrative Agent a notice certifying satisfaction of the Third Borrowing Milestone no later than thirty (30) days thereafter.

  • A Notice of Borrowing shall have been received no later than sixty (60) calendar days after achievement by Borrower of the Third Borrowing Milestone.

  • Mr Matthew Carr:In the case of termination without cause by the Company Mr Carr is entitled to receive 12 months’ salary on top of the entitles mentioned below.

  • D Expense ClaimsWhile submitting expense claims, an Officer will ensure that the expense was incurred purely on Company’s business and was duly authorized as per Company’s rules.

  • Unless contemplated by the RSA, upon the failure to satisfy the Conditions Precedent to the Third Borrowing, the Debtors shall not take any action including, without limitation, engaging an investment banker, contacting potential bidders, or seeking approval of a motion to approve bidding procedures, with regard to the Debtors’ Equity Interest in EHH or any of EHH’s Affiliates or Subsidiaries, without the consent of both the Required Backstop Lenders.

  • Item 4 of the Schedule 13D is amended and supplemented as follows: On October 31, 2023, as a result of NEA 18 VGE funding a Borrowing (as defined in the Credit Agreement) for $3,643,411 (the “Third Borrowing Amount”), the Issuer issued 100,606 Warrants equal to the product of (i) the quotient of (A) the Third Borrowing Amount divided by (B) the Total Borrowing Commitment multiplied by (ii) the Maximum Warrants.

  • Covenant Regarding Third Borrowing 45 ARTICLE IV Representations and Warranties 45 Section 4.01.

  • Confirmation that the Borrower’s Revenue from the sale of the Products has exceeded [redacted in accordance with Section 12.2(3) of National Instrument 51-102] during any consecutive twelve (12) month period (the “Third Borrowing Milestone”), provided that the Third Borrowing Milestone shall be achieved no later than June 30, 2017.


More Definitions of Third Borrowing

Third Borrowing has the meaning set forth in Section 6.03.
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Third Borrowing means the third Borrowing under this Agreement in accordance with Section 2.02.
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Related to Third Borrowing

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Bid Borrowing means a borrowing consisting of simultaneous Bid Loans of the same Type from each of the Lenders whose offer to make one or more Bid Loans as part of such borrowing has been accepted under the auction bidding procedures described in Section 2.03.

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Lenders pursuant to Section 2.01(b).

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Swingline Borrowing means a borrowing of a Swingline Loan pursuant to Section 2.04.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Notice of Committed Borrowing has the meaning specified in Section 2.02(a).

  • 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).

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Term Loan 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 Loan Lenders pursuant to Section 2.01(a).

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).