Secured Term Loan B definition

Secured Term Loan B means the several tranches of term loans provided for by the Term Loan B Credit Agreement, including the Term B-2 Loans, the Term B-3 Loans, and the Term B-4 Loans.
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Secured Term Loan B means the loan or loans borrowed under the Secured Term Loan B Credit Agreement.
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Examples of Secured Term 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.

  • On February 26, 2021, we received partial repayments of $2.3 million of our Senior Secured Term Loan B outstanding with NPRC.

  • Recent Events: During the period from October 21, 2021 through November 1, 2021, we received partial repayments of $83.6 million of our Senior Secured Term Loan A and $1.0 million of our Senior Secured Term Loan B outstanding with National Property REIT Corp.

  • During the period from October 21, 2021 through December 8, 2021, we received partial repayments of $93.6 million of our Senior Secured Term Loan A and $1.9 million of our Senior Secured Term Loan B outstanding with National Property REIT Corp.

  • During the period of February 26, 2021 through March 25, 2021, we received partial repayments of $4.8 million of our Senior Secured Term Loan B outstanding with NPRC.

  • During the period from January 13, 2022 through February 24, 2022, we provided $22.5 million and $5.6 million in Senior Secured Term Loan B and equity financing, respectively, to NPRC to support the purchase of high yield corporate debt.

  • During the period from December 8, 2021 through December 17, 2021, we provided $6.4 million and $1.6 million in Senior Secured Term Loan B and equity financing, respectively, to NPRC to support the purchase of high yield corporate debt.

  • During the period of March 25, 2020 through March 31, 2020, we received partial repayments of $122.3 million of our Senior Secured Term Loan A and $12.2 million of our Senior Secured Term Loan B outstanding with National Property REIT Corp.

  • On December 4, 2020, we received partial repayments of $4.5 million of our Senior Secured Term Loan B outstanding with NPRC.

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Related to Secured Term Loan B

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Tranche B Term Loan as defined in Section 2.1.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

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

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • 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.

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

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement, dated as of August 30, 2012, among the Borrower, Credit Suisse, as administrative agent, and the various lenders and agents party thereto from time to time.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Loan as defined in Section 2.1.

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

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

  • Tranche C Term Loan as defined in Section 2.1.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.