Initial Borrowing Request definition

Initial Borrowing Request has the meaning specified in Section 2.02(a)(i).
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Initial Borrowing Request means a written notice substantially in the form of Exhibit 2.1(b) to the Existing Loan Agreement containing (in each case, as determined in accordance with Annex E to the Existing Loan Agreement) (i) the original principal amount of the Initial Term Loan, (ii) the Discount Rate applicable thereto and (iii) the Targeted Principal Balance Schedule related thereto.
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Initial Borrowing Request has the meaning specified in Section 3.01.
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Examples of Initial Borrowing Request in a sentence

  • Interest shall accrue on each outstanding Term Loan at a rate per annum equal to the Discount Rate specified in the Initial Borrowing Request or Incremental Borrowing Request, as applicable, related thereto.

  • Subject to Section 5.2 , the Administrative Agent will make such Loans available to the Borrower by promptly crediting or otherwise transferring the amounts so received, in like funds, to an account of the Borrower maintained with the Administrative Agent and designated by the Borrower in the Initial Borrowing Request.


More Definitions of Initial Borrowing Request

Initial Borrowing Request means the Initial Borrowing Request, substantially in the form of Exhibit C , or in such other form as shall be acceptable to the Administrative Agent.
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Initial Borrowing Request means the initial Loan Notice submitted by the Borrower requesting a Borrowing.
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Initial Borrowing Request has the meaning assigned to such term in Section 2.03.
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Related to Initial Borrowing Request

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

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

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

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Funding Request shall have the meaning set forth in Section 5.3(a).

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

  • Borrowing Notice is defined in Section 2.8.

  • Borrowing Date any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

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

  • 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.

  • 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.

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

  • 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.

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

  • Request for Borrowing has the meaning provided in Section 2.3(a).

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

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • Competitive Borrowing means a Borrowing consisting of a Competitive Loan or concurrent Competitive Loans from the Lender or Lenders whose Competitive Bids for such Borrowing have been accepted by the Borrower under the bidding procedure described in Section 2.03.

  • 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.

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

  • 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.

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

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

  • Initial Revolving Borrowing means one or more borrowings of Dollar Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of “Permitted Initial Revolving Borrowing Purposes.”

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.