Type of Borrowing definition

Type of Borrowing. [ABR] [Eurodollar].

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Type of Borrowing has the meaning ascribed thereto in Section 2.2.1. The types of Loans or borrowings under this Agreement are Base Rate Loans or borrowings and LIBOR Loans or borrowings.

Type of Borrowing. [BASE RATE BORROWING/LIBOR BORROWING]

Examples of Type of Borrowing in a sentence

If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be an ABR Borrowing.
If no election as to the Type of Borrowing is specified in any such notice, then the requested Borrowing shall be an ABR Borrowing.
If no election as to the Type of Borrowing is specified as to any Borrowing, then the requested Borrowing shall be an ABR Borrowing.
If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be a Base Rate Borrowing.
If no election as to the Type of Borrowing is specified, then, in the case of a Borrowing denominated in Dollars, the requested Borrowing shall be an ABR Borrowing.
The Administrative Agent shall promptly notify each Lender of its proportionate share of such Borrowing, the date of such Borrowing, the Type of Borrowing being requested and the Interest Period or Interest Periods applicable thereto, as appropriate.
If no election as to the Type of Borrowing is specified in any such notice, then the requested Borrowing shall be a Base Rate Borrowing.
If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be a Eurodollar Borrowing with an Interest Period of one month’s duration.
If no election as to the Type of Borrowing is specified in the Borrowing Request, then the requested Borrowing shall be an ABR Borrowing.
If no election as to the Type of Borrowing is specified in the applicable Borrowing Request, then the Borrowing shall be an ABR Borrowing.

More Definitions of Type of Borrowing

Type of Borrowing means a Borrowing consisting of Base Rate Advances, CD Rate Advances, and Eurodollar Advances.

Type of Borrowing. [BASE RATE BORROWING/LIBOR BORROWING] [4. Interest Period:(5)] Thank you. ASHFORD HOSPITALITY LIMITED PARTNERSHIP By: Ashford OP General Partner LLC By: Ashford Hospitality Trust, Inc. By: _____________________________ Name: Title: ---------------------

Type of Borrowing. Location and number of Borrower's account to which proceeds of Borrowing are to be disbursed: --------- [remainder of page intentionally left blank]

Type of Borrowing. [Base Rate][LIBOR Rate](1)