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.
Any Subsidiary that becomes a party to this Agreement pursuant to this Section 1.09 shall thereupon be deemed for all purposes to be a Revolving Credit Borrower under the Revolving Credit Facility hereunder and/or a Term A Borrower under the Term A Facility hereunder, and/or a Term B Borrower under a Term B Facility hereunder as applicable.
Each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term B Advance”) to the Term B Borrower on the Effective Date in an amount not to exceed such Lender’s Term B Commitment at such time.
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.
Xxxxxxxxx Title: Executive Vice President XXXXXXX PROPERTIES HOLDINGS III, LLC, as Term B Borrower and Guarantor By: XXXXXXX PROPERTIES, L.P., its managing member By: XXXXXXX PROPERTIES, INC., its general partner By /s/ XXXXXX X.
Xxxxx Title: Executive Vice President & CFO XXXXXXX PROPERTIES HOLDINGS I, LLC, as Term B Borrower and Guarantor By: XXXXXXX PROPERTIES, L.P., its managing member By: XXXXXXX PROPERTIES, INC., its general partner By: /s/ Xxxxxx X.
Subject to Section 2.01(b), each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (an “Initial Term B Advance”) to the Term B Borrower on the Effective Date in an amount not to exceed such Lender’s Term B Commitment at such time.