B Loans definition

B Loans means the loans under the OT Project Financing provided to OT LLC directly by commercial banks under (i) the IFC B Loan Tranche and (ii) the EBRD B Loan Tranche.
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B Loans means the USB 74 CDE B4 Loan, the CNB II CDE B3 Loan, the LBC 2 CDE B2 Loan and the Waveland XXII CDE B1 Loan.
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B Loans means, collectively, the B1 Loan and the B2 Loan;
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Examples of B Loans in a sentence

  • The Borrower shall repay to the Lenders holding Tranche B Loans on the Applicable Maturity Date for Tranche B Loans the aggregate Principal Amount of the Tranche B Loans on such date in full, together with all accrued and unpaid interest, fees, costs and other Obligations and amounts owed to any Agent or any Lender, in each case, on the Tranche B Loans.

  • 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.

  • The Initial Borrower has requested that (a) the Term B Lenders make Term B Loans to the Initial Borrower in an aggregate principal amount of $1,250,000,000, and (b) from time to time, the Revolving Credit Lenders lend to the Initial Borrower and the Borrower and the L/C Issuer issue Letters of Credit for the account of the Borrower and its Restricted Subsidiaries under a $100,000,000 Revolving Credit Facility.

  • If necessary in accordance with the foregoing, RTIHL shall cause the Rio Tinto Manager to undertake such negotiations and discussions regarding the replacement B Loans and/or MIGA Loans as contemplated by Sections 7 and 8.

  • Each Investor or Ultimate Purchaser agrees that any Transfer of any Term B Loans that does not comply with the terms and procedures set forth in this Section 3.5(b) shall be deemed void ab initio, and the Debtors shall have the right to avoid such Transfer.

  • The Company shall ensure that, as at the last day of each Measurement Period, the ratio of Unencumbered Real Property Asset Value to the aggregate principal amount of any Facility B Loans outstanding at that time is equal to or greater than 2.00 to 1.

  • If necessary to replace any Senior Lender who does not want to participate in the Re-profiling, the parties agree that new B Loans and/or MIGA Loans may be obtained by OT LLC from existing or new Senior Lenders to replace existing B Loans and/or MIGA Loans, provided that the aggregate principal amount of B Loans and MIGA Loans is not increased above those principal amounts for B Loans and MIGA Loans set out in Schedule F.

  • Each prepayment of Loans shall be applied first to the Tranche A Loans until the amount of Tranche A Loans outstanding is £0, and any remaining amounts shall be applied to the Tranche B Loans until the amount of Tranche B Loans outstanding is £0.

  • For purposes of this Agreement, any reference to the Re- profiling includes any replacement B Loans and/or MIGA Loans pursuant to this Section 6.

  • Term B Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.


More Definitions of B Loans

B Loans is defined in Section 1.3 hereof.
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B Loans is defined in Section 2.2(b) hereof.
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B Loans. Each Lender severally agrees, on the terms of this Agreement, to make Tranche B Loans to the Borrower during the period from and including (i) the Closing Date or (ii) such later date that such Lender becomes a party to this Agreement as provided in Section 12.06(b), to but excluding, the Termination Date in an aggregate principal amount at any one time outstanding up to but not exceeding the amount of such Lender's Tranche B Commitment as then in effect; provided, however, that the aggregate principal amount of all Tranche B Loans by all Lenders hereunder at any one time outstanding together with the Tranche B LC Exposure shall not exceed the lesser of the Aggregate Tranche B Commitments or the Aggregate Maximum Tranche B Credit Amounts. Subject to the terms of this Agreement, during the period from the Closing Date to but excluding the Termination Date, the Borrower may borrow, repay and reborrow the amount determined pursuant to in this Section 2.01(a).
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B Loans and the lenders thereunder, the “Existing Term Loan B Lenders”), (b) Term A Loans in an aggregate principal amount of $228,937,499.95 (the “Existing Term A Loans” and, together with the Existing Term B Loans, the “Existing Term Loans”) under the Credit Agreement and (c) outstanding Revolving Credit Commitments in an aggregate principal amount of $330,000,000 under the Credit Agreement (the “Existing Revolving Credit Commitments” and the lenders thereunder, the “Existing Revolving Credit Lenders”) and any outstanding Revolving Credit Loans under the Credit Agreement (the “Existing Revolving Credit Loans”);
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B Loans as defined in subsection 2.1(b) hereof. B Loans of different types made or converted from B Loans of other types on the same day (or of the same type but having different Interest Periods) shall be deemed to be separate B Loans for all purposes of this Agreement.
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B Loans as defined in subsection 2.1(b) hereof. B Loans of different types made or converted from B Loans of other types on the same day (or of the same type but having different Interest Periods) shall be deemed to be separate B Loans for all purposes of this Agreement.
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Related to B Loans

  • Term B Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term Loans as defined in Section 2.1.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term Loan as defined in Section 2.1.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Refinancing Revolving Loans has the meaning assigned to such term in Section 2.26(a).

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.