Examples of Loan B in a sentence
During the period of December 4, 2020 through December 31, 2020, we received partial repayments of $7.4 million of our Senior Secured Term Loan B outstanding with NPRC.
The swap is subject to a LIBOR floor of 0.0625% versus the Term Loan B debt floor of 1.00%.
The Operating Company directly holds warrants to purchase a 4.96% membership interest of YP Equity Investors, LLC (which at closing represented an indirect 1.0% equity interest in YP Holdings LLC) and holds an investment in the Term Loan B loans issued by YP LLC, a subsidiary of YP Holdings LLC.
The Special Servicer shall calculate or recalculate the Appraisal Reduction for any Mortgage Loan, B Note and Loan Pair based on updated Appraisals or internal valuations prepared or obtained from time to time by the Special Servicer and report such amount to the Master Servicer, the Trustee, the Certificate Administrator, the Controlling Class Representative (during any Subordinate Control Period and any Collective Consultation Period) and the Trust Advisor annually.
On February 26, 2021, we received partial repayments of $2.3 million of our Senior Secured Term Loan B outstanding with NPRC.