Term B Lender means at any time, any Lender that has a Term B Commitment or a Term B Loan at such time.
Examples of Term B Lender in a sentence
Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Term B Lenders Term B Commitment.
The Term B Commitment of each Term B Lender shall be automatically and permanently reduced to $0 on the Term B Advance Period Termination Date.
The obligations of each Term B Lender hereunder shall be several and not joint.
Additional Term B Commitment means, with respect to the Additional Term B Lender, its commitment to make a Term B Loan on the Amendment No.
Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Term B Lenders Term B Commitment on the Closing Date.