B Advance definition

B Advance means an advance by a Lender to the Borrower as part of a B Borrowing resulting from the auction bidding procedure described in Section 2.03.
B Advance. An advance by a Bank to the Company as part of a B Borrowing resulting from the auction bidding procedure described in Section 2.05 and refers to a Fixed Rate Advance or a Eurodollar Rate B Advance.
B Advance means an advance by a Lender to the Borrower pursuant to the auction bidding procedure described in Section 2.02(c).

Examples of B Advance in a sentence

  • The Term B Commitment of each Term B Lender shall be automatically and permanently reduced to $0 on the Term B Advance Period Termination Date.

  • Winick B: Advance directive instruments for those with mental illness.

  • A Class B Delayed Funding Purchaser, upon receipt of any notice of a Class B Advance pursuant to Section 2.2(b)(i), promptly (but in no event later than 6:00 p.m. (New York time) on the second Business Day prior to the proposed date of such Class B Advance) may notify HVF II in writing (a “Class B Delayed Funding Notice”) of its election to designate such Class B Advance as a delayed Class B Advance (such Class B Advance, a “Class B Designated Delayed Advance”).

  • Whenever any payment of interest or principal in respect of any Class A Advance or Class B Advance shall be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in the computation of the amount of interest owed.

  • The undersigned agrees that if prior to the time of the Class B Advance requested hereby any matter certified to herein by it will not be true and correct at such time as if then made, it will immediately so notify both you and each Class B Committed Note Purchaser and each Class B Conduit Investor, if any, in your Class B Investor Group.


More Definitions of B Advance

B Advance has the meaning given to it in the relevant Borrower Loan Agreement.
B Advance means an advance by a Lender to the Borrower as part of a B Borrowing.
B Advance means, save as otherwise provided herein, an Advance (as from time to time reduced by repayment or prepayment) made or to be made by the Banks under the B Facility.
B Advance means an advance made in respect of the B Commitment pursuant to Section 2.01(b) or 2.02.
B Advance means with respect to each Real Property, the amount of the Advance in excess of the A Advance.
B Advance means an advance by a Lender to a Borrower as --------- part of a B Borrowing resulting from the auction bidding procedure described in Section 2.03. 364-DAY CREDIT AGREEMENT
B Advance means an advance by a Bank to a B Borrower as part of a B Borrowing and refers to a Eurocurrency Rate Advance.