Term B-1 Advance definition

Term B-1 Advance has the meaning specified in Section 2.01(a)(i).
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Term B-1 Advance has the meaning specified in Section 2.01(a).
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Term B-1 Advance means any Term Advance made by the Term B-1 Lenders to the Borrower with a Termination Date of no later than April 27, 2013. As of the Second Amendment Effective Date, the aggregate Term B-1 Advances are $365,268,479.70 million.
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Examples of Term B-1 Advance in a sentence

  • Each Additional Term B-1 Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (an "Additional Term B-1 Advance") to the Borrower on the Amendment No. 1 Effective Date in an amount not to exceed such Lender's Additional Term B-1 Commitment at such time.

  • Any reference to a ‘‘Term B Advance’’ shall be a reference to a Term B1 Advance and/or a Term B2 Advance.A Further Term Advance under a Further Term Facility will be consolidated, form a single series and rank pari passu with an existing Term Advance.

  • The high turnover of staff also meant that despite the high cost, care quality was suffering greatly.

  • Beal Bank Nevada previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $[294,454,250.00], the outstanding principal amount of which is $[290,037,346.22] on the Effective Date.

  • The purpose of the advance made in respect of the new Term B3 Facility (as set out above) to be granted on the Fifth Closing Date is to prepay part of the Term B1 Advance and Term B2 Advance outstanding on the Fifth Closing Date.

  • In addition, any Term B-1 Lender that has consented to the Amendment may also commit to extend all or a portion of its existing Term B-1 Advance (which shall be converted into a Term B-2 Advance and/or Term B-3 Advance in accordance with, and subject to, the Amendment) by completing Item #2 and/or Item #3 to the left of the signature block below.

  • Beal Bank previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $[98,795,750.00], the outstanding principal amount of which is $[97,313,813.72] on the Effective Date.

  • Fixed Assets include all expenditure of capital nature and are stated at aggregate of cost of acquisition, installation and commissioning less Cenvat Credit, VAT credit wherever applicable.

  • Any reference to a “Term B Advance” shall be a reference to a Term B1 Advance and/or a Term B2 Advance.

  • Xxxx Bank previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $98,795,750.00, the outstanding principal amount of which is $96,325,856.18 on the Effective Date.


More Definitions of Term B-1 Advance

Term B-1 Advance means an advance made by any Term B-1 Lender under the Term B-1 Facility.
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Term B-1 Advance has the meaning specified in the Existing Credit Agreement.
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Term B-1 Advance means an Additional Term B-1 Advance or a term loan or term loans deemed made by a Term B-1 Lender pursuant to Section 2.01(a)(i).
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Term B-1 Advance has the meaning specified in Section 1.01 of this Credit Agreement, as in effect prior to the Amendment No. 1 Effective Date.”;
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Term B-1 Advance means a Term B Advance that was outstanding under the Existing Credit Agreement as of the Restatement Effective Date and owing to a Lender (other than an Extending Lender, as defined in the Amendment and Restatement Agreement) that became a Term B-1 Advance hereunder pursuant to the Amendment and Restatement Agreement.
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Term B-1 Advance means any Term Advance made by the Term B-1 Lenders to the Borrower with a Termination Date of no later than
Sample 1

Related to Term B-1 Advance

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

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

  • Term B-1 Lender means, at any time, any Lender that has a Term B-1 Commitment or a Term B-1 Loan at such time.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan as defined in Section 2.1.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • 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.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Term B Loans has the meaning specified in Section 2.01(a).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term B Loan Maturity Date means December 7, 2023.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

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