Term B Loan Amount definition

Term B Loan Amount means, as to any Lender, the aggregate principal amount of the Term B Loans to be made by such Lender to the Borrower hereunder, as set forth under the heading "Term B Loan Amount" opposite such Lender's name on Schedule 2.01.
Term B Loan Amount means $8,000,000.
Term B Loan Amount is defined in Section 1.1 to be $9,000,000.

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").


More Definitions of Term B Loan Amount

Term B Loan Amount means, as of the Tenth Amendment Effective Date, $85,717,684.11.”
Term B Loan Amount means $20,000,000.
Term B Loan Amount means $8,000,000. “Term C Loan” and “Term C Loans” have the meaning set forth in Section 2.3(a)(iii). “Term C Loan Amount” means $7,000,000. “Term Loan” and “Term Loans” have the meaning set forth in Section 2.3(a)(iii). “Term Loan Maturity Date” means February 20, 2025. “Trademarks” means any trademark and servicemark rights of a Person, whether registered or not, applications to register and registrations of the same and like protections, and the entire goodwill of the business connected with and symbolized by such trademarks. “Transfer” means defined in Section 7.1.
Term B Loan Amount set forth in Section 1.01 of the Credit Agreement is hereby amended to read as follows:
Term B Loan Amount means, as to any Lender, the aggregate principal amount of the Term B Loans to be made by such Lender to the Borrower hereunder, as set forth under the heading "Term B Loan Amount" opposite such Lender's name on Schedule 2.01, as may be (a) increased by all Incremental Term Loans made by such Lender, (b) adjusted on and after the Increase Funding Effective Date to reflect the increase in each Increasing Lender's Term B Loan Amount as a result of adding the Fourth Amendment Increase Amount and (c) adjusted in connection with any Assignment and Assumption.
Term B Loan Amount means Thirty Million Dollars ($30,000,000.00) minus the original principal amount of the Term A Loan Advance.
Term B Loan Amount means $3,240,000, plus the then extant Term ------------------ ---- B Loan PIK Amount.