Top-Up Borrowing definition

Top-Up Borrowing means increasing any home loan borrowing that is secured by your residential property, whether it’s added to your existing home loan or taken out as an additional home loan. To avoid doubt and as an example, redraws (whereby you redraw repayments you have made in addition to your regular minimum repayments to your home loan) are excluded from Top-up Borrowing;
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Top-Up Borrowing means any Top-Up Tranche 1 Borrowing.
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Top-Up Borrowing means a Borrowing hereunder requested by Borrower if required to the extent that an Initial Credit Extension made hereunder does not or will not result in sufficient Reais received by the Borrower after operation of the relevant foreign exchange contract to pay the amounts required to be paid with the proceeds of such Initial Credit Extension, as a result of fluctuation in exchange rates.
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Examples of Top-Up Borrowing in a sentence

  • After the Initial Closing Date, the minimum period between each Borrowing shall be at least 10 days (except in the case of (x) the Borrowing to be requested on the TNE OPA Auction Date and (y) a Top-Up Borrowing which shall be made on the Business Day immediately following the date of an Initial Credit Extension hereunder).


More Definitions of Top-Up Borrowing

Top-Up Borrowing means any Top-Up Tranche 1 Borrowing, Top-Up Tranche 2 Borrowing, Top-Up Tranche 3 Borrowing or Top-Up Tranche 4 Borrowing.
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Related to Top-Up 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.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

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

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • 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.

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

  • 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).

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

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

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

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

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

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

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

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

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

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

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Eurocurrency Borrowing means a Borrowing comprised of Eurocurrency Loans.

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

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

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

  • 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.