Loan B definition

Loan B means the advance of credit by Lender to Borrower under this Agreement in the Commitment Amount Loan B.
Loan B means the term loan facility made available under this Agreement and described in Section 2.01(a) below.
Loan B means the advance of credit by Lender to Borrower under this Agreement in the Loan B Commitment Amount. “Loan B Commitment Amount” has the meaning set forth on the cover page of this Agreement.

Examples of Loan B in a sentence

  • With effect on and from the first date of the Interest Period commencing immediately following the occurrence of the Drawdown Date in respect of Loan C, Loan C will be consolidated into Loan A and Loan B and treated as a single Loan.

  • Co-Borrowers shall have duly executed and delivered a Note in the amount of Loan A to Lender, a Note in the amount of Loan B to Lender, and a Note in the amount of Loan C to Lender.

  • The Borrowing of Loan B shall be made in a single disbursement of Loan B.

  • Co-Borrower shall pay to Lender a payment in the amount of Three Hundred Thousand Dollars ($300,000) (the “Loan B Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan B, (B) an Event of Default that has not been waived by Lender and demand by Lender of payment in full of Loan B or (C) the Maturity Date, as applicable.

  • With effect on and from the first date of the Interest Period commencing immediately following the occurrence of the Drawdown Date in respect of Loan D, Loan D will be consolidated into Loan A, Loan B and Loan C and treated as a single Loan.


More Definitions of Loan B

Loan B means an amount of up to but not exceeding USD 55,466,667.-, or as reduced to USD 10,000,000.- subject to the IPO Prepayment – Loan B. means, at any time, the aggregate amount outstanding under Loan A, Loan B and the Revolving Credit Facility.
Loan B means the five Advances referred to in Clause 2.1(ii) or (as the context requires) the principal amount thereof for the time being advanced and outstanding under this Agreement;
Loan B has the meaning specified in Section 2.01(a)(ii) of the Loan ------ Agreement.
Loan B means each advance of credit to Borrower this Agreement pursuant to Section 2.1(a)(ii) hereof.
Loan B means that portion of the Loan evidenced by Note B. [*]
Loan B the term loan in the amount of HK$5,000,000 granted by the Lender to the Borrower B pursuant to the terms of the Loan Agreement B
Loan B means that Seven Million Forty-Two Thousand Eight Hundred Sixty-Seven Dollars ($7,042,867) portion of the Note that is subject to certain payments of principal and certain rights of conversion into Issuer common stock as more fully outlined in Sections 2.1(B) and (C) below.