FB Term Loan definition

FB Term Loan means the loan made to UK Term Borrower pursuant to Section 2.3(b) hereof, in to original principal amount of the Dollar Equivalent of Twenty-Five Million Dollars ($25,000,000).
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Examples of FB Term Loan in a sentence

  • To evidence the FB Term Loan, UK Term Borrower shall execute and deliver to each Lender a Foreign Borrower Term Note.

  • To evidence the FB Term Loan, UK Term Borrower shall execute and deliver to each Lender a FB Term Note, in the form of Exhibit E hereto.

  • With respect to any portion of the FB Term Loan that shall be a LIBOR Fixed Rate Loan, UK Term Borrower shall pay interest on the unpaid principal amount of each LIBOR Fixed Rate Loan outstanding from time to time, fixed in advance on the first day of the Interest Period applicable thereto through the last day of the Interest Period applicable thereto (but subject to changes in the Applicable Margin), at the Derived LIBOR Fixed Rate.

  • Subject to the terms and conditions of this Agreement, the Lenders shall make a five year FB Term Loan to UK Term Borrower on the Closing Date in the amount of the FB Term Loan.

  • With respect to any portion of the FB Term Loan that shall be a Base Rate Loan, UK Term Borrower shall pay interest on the unpaid principal amount thereof outstanding from time to time from the date thereof until paid, commencing July 31, 2002, and continuing on each Regularly Scheduled Payment Date thereafter and at the maturity thereof, at the Derived Base Rate from time to time in effect.