B Loan definition

B Loan means the B Percentage of Fundings made pursuant to the Loan Agreement and the Master Agreement.
B Loan the loan specified in Section 3.01(b) (The Loan) or, as the context requires, its principal amount from time to time outstanding;
B Loan means the loan specified in Section 2.01(b) (The Loan) or, as the context requires, its principal amount from time to time outstanding;

Examples of B Loan in a sentence

  • On the Closing Date (after giving effect to the funding of the Term B Loans to be made on such date), the Term B Loan Commitments of each Lender as of the Closing Date will terminate.

  • Xxxxx Xxxxxx Title:] Senior Vice President Check here if you do NOT wish to have your Term B Loans converted to Term B-1 Loans: o The undersigned Lender hereby consents to this Amendment and, unless otherwise indicated below, consents to convert 100% of the outstanding principal amount of the Term B Loan held by such Lender (or such lesser amount allocated to such Lender by the Amendment No. 2 Lead Arranger) into a Term B-1 Loan in a like principal amount on the Amendment No. 2 Effective Date.

  • Xxxxx Xxxxxx Title: Senior Vice President By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title:] Vice President The undersigned Term Lender hereby consents to this Amendment and consents to convert 100% of the outstanding principal amount of the Original Term Loan held by such Lender (or such lesser amount allocated to such Lender by the Amendment No. 1 Lead Arranger) into a Term B Loan in a like principal amount on the Amendment No. 1 Effective Date.

  • The Second Extended DIP Facility consists of an $800,000,000 Tranche A Loan (including a $500,000,000 letter of credit subfacility) and a $500,000,000 Tranche B Loan.

  • On each of December 1, 2016 and January 1, 2017, in addition to making the aforementioned interest payments, Borrower shall also make (i) a payment of $83,333.33 with respect to the Term A Loan, which shall be deemed to be a partial payment of the principal amount of the Term A Loan, and (ii) a payment of $55,555.56 with respect to the Term B Loan, which shall be deemed to be a partial payment of the principal amount of the Term B Loan.


More Definitions of B Loan

B Loan means, with respect to each A Loan, the other mortgage loan that (i) is not included in the Trust Fund, (ii) is subordinate in right of payment to such A Loan to the extent set forth in the related A/B Intercreditor Agreement and (iii) is secured by the same Mortgage on the same Mortgaged Property as such A Loan.
B Loan means a loan made or to be made under the B Facility or the principal amount outstanding under the B Facility from time to time.
B Loan means the maximum principal amount of the loan provided for in Section 3.01(2) or, as the context may require, the principal amount thereof from time to time outstanding.
B Loan means, as to each B Lender, the outstanding principal amount of such B Lender’s loan under the Participation Agreement in the principal amount as of the Restructuring Date set forth under the heading “B Loans” opposite such B Lender’s name on Schedule 3 to the Participation Agreement, each of which is evidenced by an B Note. The aggregate principal amount of the B Loans on the Restructuring Date is $4,577,034.39.
B Loan. Company", "Project Funds Agreement", "IFC", "IFC Investment Agreement", "Loan", "Participant" and "Sponsors" have the respective meanings already given to them; and
B Loan means, with respect to any Property and any Lender, the amount equal to the principal of such Lender’s Loans related to such Property minus such Lender’s A Loans.
B Loan means the principal amount of the B Commitment borrowed under this Agreement and designated as such in the Utilisation Request or the principal amount outstanding of such borrowing.