Conditions Precedent to Borrowing definition

Conditions Precedent to Borrowing. Only the conditions precedent on Exhibit D to the Commitment Letter, subject in each case to the Funds Certain Provisions.
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Conditions Precedent to Borrowing. The conditions set forth in Section 5 of the Commitment Letter and in Exhibit B to the Commitment Letter.
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Conditions Precedent to Borrowing. Substantially as provided for in the Existing Credit Agreement. The borrowing under the Senior Facilities will also be subject to the conditions precedent set forth in Exhibit D to the Commitment Letter.
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Examples of Conditions Precedent to Borrowing in a sentence

  • Conditions Precedent to Borrowing................................

  • Conditions Precedent to Borrowing......................................................

  • Conditions Precedent to Borrowing..................................................................

  • Conditions Precedent to Borrowing...........................................................

  • Conditions Precedent to Borrowing on the Closing Date 37 Section 3.03.

  • Conditions Precedent to Borrowing.................................

  • Conditions Precedent to Borrowing on or Prior to The Closing Date: On the Closing Date, only the Funds Certain Provisions specified in the Commitment Letter (including Annex III hereto).

  • Conditions Precedent to Borrowing on the Closing Date 3744 Section 3.03.

  • Conditions Precedent to Borrowing...........................................

  • Each of the conditions precedent set forth in the other Loan Documents and in the commitment letter dated February 1, 1999 to Borrower from Lender, under the Section thereof captioned "Conditions Precedent to Borrowing" (the terms of which Section being incorporated herein by reference thereto), shall have been satisfied.


More Definitions of Conditions Precedent to Borrowing

Conditions Precedent to Borrowing. Usual for facilities and transactions of this type and others to be reasonably specified by the Agent, including, without limitation, delivery of satisfactory legal opinions, corporate documents and officers’ and public officials’ certifications; execution of the Guarantees, which shall be in full force and effect; evidence of authority; and payment of fees and expenses. The borrowing under the Senior Unsecured Term Facility will also be subject to the applicable conditions precedent set forth in Exhibit D to the Commitment Letter.
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Conditions Precedent to Borrowing. Only the conditions precedent on Exhibit D to the Commitment Letter, subject in each case to the Funds Certain Provisions. Representations and The Senior Subordinated Bridge Documentation will contain Warranties: representations and warranties relating to the Borrower and its subsidiaries substantially similar to those contained in the Existing Credit Agreement, with such changes as are appropriate to reflect the bridge loan nature of the Senior Subordinated Bridge Loans (and in any event such representations and warranties shall be no more restrictive to the Borrower and its subsidiaries than those set forth in the Existing Credit Agreement).
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Conditions Precedent to Borrowing. Subject to the Incremental Facility Closing Date Conditions Provisions, the initial borrowing of the Term I Loan will be subject only to the applicable conditions precedent set forth in Exhibit B to the Commitment Letter.
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Conditions Precedent to Borrowing. Usual for facilities and transactions of this type, including, without limitation, delivery of satisfactory legal opinions, corporate documents and officers’ and public officials’ certifications; second priority perfected security interests in the Collateral (free and clear of all liens, other than liens securing the First Lien Facilities and subject to customary and limited exceptions to be agreed upon); receipt of satisfactory lien and judgment searches; execution of the Guarantees, which shall be in full force and effect; absence of defaults, prepayment events or creation of liens under debt instruments or other agreements; evidence of authority; payment of fees and expenses; evidence of satisfactory insurance; delivery of notice; accuracy of representations and warranties; and absence of defaults. Without limitation of the foregoing, the borrowing under the Second Lien Facility will be subject to the following additional conditions precedent:
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Conditions Precedent to Borrowing. As to each Borrower including, but not limited to:
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Related to Conditions Precedent to Borrowing

  • Conditions Precedent shall have the meaning set forth in Clause 4.2.

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

  • Borrowing Notice is defined in Section 2.8.

  • 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.

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions:

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

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

  • 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.

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

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Request for Extension of Credit means (a) with respect to a Borrowing of Loans (including Swing Line Loans) or the conversion or continuation of Loans, a Loan Notice and (b) with respect to an L/C Credit Extension, a Letter of Credit Application.

  • Specific Conditions means the conditions in addition or in variation to the general conditions which the Commission may lay down specifically for a distribution licensee;

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

  • Notice of Swingline Borrowing means a notice substantially in the form of Exhibit G (or such other form reasonably acceptable to the Administrative Agent and containing the information required in such Exhibit) to be delivered to the Swingline Lender pursuant to Section 2.4.(b) evidencing the Borrower’s request for a Swingline Loan.

  • 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.”

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

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

  • Initial Borrowing Date means the date occurring on or after the Effective Date on which the initial Borrowing of Loans occurs.

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

  • Initial Advance means the first Advance made pursuant to Article II.

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

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