Definition of Term B-1 Loan


Term B-1 Loan means a Loan made pursuant to Section 2.01(a), but excluding, for the avoidance of doubt, any Term B-2 Loans.
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Examples of Term B-1 Loan in a sentence

On the Term B-1 Loan Maturity Date, all Term B-1 Loans shall be repaid in full.
Each Borrowing of Term B-1 Loans under this Agreement shall be granted by the Lenders pro rata on the basis of their then-applicable Term B-1 Loan Commitments with respect to the applicable Class.
Immediately after the effectiveness of the First Amendment, each Lender having a Term B-1 Commitment severally agrees to make a Term B-1 Loan to the Borrower, which Term B-1 Loans shall not exceed, for any such Lender, the Term B-1 Commitment of such Lender.
Additional Term B-1 Commitment means with respect to each Additional Term B-1 Lender, its commitment to make a Term B-1 Loan on the Closing Date in an amount equal to the amount set forth on the signature page of such Additional Term B-1 Lender to the Additional Term B-1 Joinder Agreement.
To the extent not previously paid, all Term B-1 Loans shall be due and payable on the Term B-1 Loan Maturity Date.