Examples of Term B Loan Amount in a sentence
The Borrower shall repay Term B Loans on the first Business Day of each of January, April, July and October in an aggregate principal amount equal to 0.25% of the Outstanding Term B Loan Amount on the Effective Date.
The "Term B Loan" shall be in the amount of $9,000,000 (the "Term B Loan Amount") and shall be subject to the terms and conditions set forth herein and on the face of the notes attached as Exhibit B hereto.
During the Delayed Draw Term B Loan Availability Period, the Borrower may request, in accordance with this Section 2.5(a), draws of delayed draw term loans (the “Delayed Draw Term B Loans”, and together with the Delayed Draw Term A Loans, the “Delayed Draw Term Loans”) in an aggregate principal amount not to exceed the Delayed Draw Term B Loan Amount.
An anniversary fee equal to 3% of the sum of (A) $7,590,000, plus ( B) the difference between (x) the Term B Loan Amount on such anniversary date and (y) $7,590,000, due and payable in cash on each anniversary of the Second Amendment Closing Date (the "Anniversary Fee").
An anniversary fee equal to 3% of the sum of (A) $3,240,000, plus (B) the difference between (x) the Term B Loan Amount on such anniversary date and (y) $3,240,000, due and payable in cash on each anniversary of the Second Amendment Closing Date (the "Term B Anniversary Fee").