Term B-2 Advance definition

Term B-2 Advance has the meaning specified in Section 2.01(b).
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Term B-2 Advance means any Term Advance made by the Term B-2 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-2 Advances are $27,904,895.63 million
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Term B-2 Advance has the meaning specified in Section 2.01(a)(ii).
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Examples of Term B-2 Advance in a sentence

  • 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.

  • 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.

  • The Closing Fee is irrevocably and unconditionally earned by the Lenders upon the funding of the Term B-1 Advances notwithstanding whether any Term B-2 Advance is made.

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

  • Beal Bank Nevada previously made a Term B-2 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $[100,000,000.00], the outstanding principal amount of which is $[98,942,021.50] on the Effective Date.


More Definitions of Term B-2 Advance

Term B-2 Advance has the meaning specified in the Existing Credit Agreement.
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Term B-2 Advance means a Term B Advance that was outstanding under the Existing Credit Agreement as of the Restatement Effective Date and owing to an Extending Lender (as defined in the Amendment and Restatement Agreement) that became a Term B-2 Advance hereunder pursuant to the Amendment and Restatement Agreement.
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Term B-2 Advance means, collectively, (i) a Term B Advance that was outstanding under the Existing Credit Agreement as of the Restatement Effective Date and owing to an Extending Lender (as defined in the Amendment and Restatement Agreement) that became a Term B-2 Advance hereunder pursuant to the Amendment and Restatement Agreement and (ii) if applicable, a Term B-1 Advance that was outstanding under the this Agreement as of the First Amendment Effective Date and owing to an Extending B-1 Lender (as defined in the First Amendment) that became a Term B-2 Advance hereunder pursuant to the First Amendment.
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Related to Term B-2 Advance

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

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

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

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

  • Term Loan as defined in Section 2.1.

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

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

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

  • 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.

  • 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.

  • 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.

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

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

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

  • 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.

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

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

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

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

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

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • 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.