Initial Borrowing definition

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

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

Initial Borrowing shall have the meaning assigned to such term in Section 2.22(b).

Examples of Initial Borrowing in a sentence

• Unconditional Loan Size, Initial Borrowing from the Lender Table 4, Column 1 presents our main OLS estimate of the price sensitivity of the amount borrowed, unconditional on borrowing (this is the outcome featured in both Gross and Souleles (2002) and Dehejia, Montgomery and Morduch (2005)).

• The obligation of the Lender to make Loans on the Initial Borrowing Date, is subject at the time of the making of such Loans to the satisfaction or waiver of the following conditions: 5.01 Effective Date; Notes.

• On or prior to the Initial Borrowing Date (i) the Effective Date shall have occurred and (ii) if requested by the Lender, there shall have been delivered to the Note for the Lender executed by the Borrower, in each case in the amount, maturity and as otherwise provided herein.

• On the Initial Borrowing Date, after the making of the Loans and the performance by the Borrower of the Credit Documents, the financings incurred in connection therewith and the other transactions contemplated hereby, there shall be no conflict with, or default under, any material agreement or contractual or other restriction which is binding for the Borrower other than as permitted by the Interim Order..

• On the Initial Borrowing Date, all Loans and other financing to be made pursuant to this Agreement shall be in full compliance with all applicable requirements of law, including, without limitation, the provisions of the Regulations T, U and X of the Board of Governors of the Federal Reserve System (the “Margin Regulations”).5.04 No Conflicts.

More Definitions of Initial Borrowing

Initial Borrowing means the initial Borrowing to be made on the Closing Date which shall be or is comprised of (a) Advances and/or (b) L/C Credit Extensions.

Initial Borrowing means the Loans made by the Initial Lenders on the Effective Date pursuant to Section 2.01 hereof.

Initial Borrowing has the meaning set forth in Section 2.09(e).

Initial Borrowing means the first Borrowing under this Agreement.

Initial Borrowing means the first Credit Event under this Agreement.

Initial Borrowing has the meaning given that term in Section 2.2(a)(ii).

Initial Borrowing means the initial Borrowing hereunder pursuant to Section 2.01.