Definition of Term B Borrower


Term B Borrower means Maguire Properties Holdings I, LLC.

Examples of Term B Borrower in a sentence

Each such prepayment of any Term B Advances shall be applied as specified by the Term B Borrower.
Acquisition will be financed through the incurrence (a) by the Term B Borrower of the Term B Advances (as hereinafter defined) (b) by the Revolving Credit Borrower of Revolving Credit Advances and (c) by the Initial CMBS Borrower (as hereinafter defined) and its Subsidiaries of up to $900,000,000 under the CMBS Bridge Financing (as hereinafter defined) and/or through the CMBS Mortgage Financings (as hereinafter defined).
Following repayment in full of the Term A Loans, Term B Borrower may at any time and from time to time prepay the Term B Loans, in whole or in part, but together with the then-applicable Repayment Premium, upon irrevocable (unless otherwise agreed by the Administrative Agent) written notice delivered to the Administrative Agent no later than 12:00 Noon, one Business Day prior thereto, which notice shall specify the date and amount of prepayment.