Definition of Term B Loan Commitment Amount


Term B Loan Commitment Amount means, on any date, $350,000,000.
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Examples of Term B Loan Commitment Amount in a sentence

The Term B Loan of each Bank shall be evidenced by a Term B Note payable to the order of such Bank in the principal amount equal to such Bank's Term B Loan Commitment Amount.
Additional Term B Loan Lender means any Lender which has a Percentage of the Additional Term B Loan Commitment Amount.
Upon the Fifth Amendment Effective Date, each Bank shall continue its ratable portion of $15,430,004.50 of the Banks' existing term loans to the Borrower as a term loan in an amount by such Bank equal to its Term B Loan Commitment Amount (each being a "Term B Loan" and, collectively, the "Term B Loans").
Upon the Closing Date, each Bank shall make available to the Borrower a term loan (each being a "Term B Loan" and, collectively, the "Term B Loans") in an amount by such Bank equal to its Term B Loan Commitment Amount, which Term B Loans shall refinance $15,000,000 of the Existing Revolving Loan Obligations.
At 2:00 p.m. (San Francisco time) on the Term B Commitment Termination Date, the Term B Loan Commitment shall terminate, and any portion of the Term B Loan Commitment Amount that is not borrowed prior to such time shall be extinguished.