B Loan definition

B Loan means the B Percentage of Fundings made pursuant to the Loan Agreement and the Master Agreement.

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B Loan means the B Percentage of Loans made by a Lender 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;

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.

• 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.

• Annex A (Equipment Schedule) and Annex B (Loan Terms Schedule) are attached hereto.

• On each of January 1, 2018, February 1, 2018 and March 1, 2018, in addition to making the aforementioned interest payments, Borrower shall also make (i) a payment of $123,188.41 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 $82,125.60 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.

• B Loan type VARCHAR2(2) 1=FHA Residential 2=VA Residential 3=Conventional w/o PMI 4=Commercial 5=FHA Project 6=Conventional w/PMI 7=HUD 235/265 9=Farm Loan Type of loan being serviced generally defined by the existence of certain types of insurance.

More Definitions of B 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, 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, 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 means the loan specified in Section 2.01(b) (The Loan) or, as the context requires, its principal amount from time to time outstanding;

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.