Definition of Term B Termination Date


Term B Termination Date means, as of any date, the latest to occur of (a) the U.S. Term B Termination Date and (b) the Euro Term B Termination Date.
Sample 1

Examples of Term B Termination Date in a sentence

No Interest Period for any Revolving Loan, Term A Loan or Term B Loan may end after the Revolver Termination Date, Facility Termination Date or Term B Termination Date, respectively.
So long as no Default or Event of Default exists or would arise therefrom, at any time and from time to time prior to the Term B Termination Date, subject to the terms and conditions set forth herein, the Borrower may, by notice to the Administrative Agent (whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders), request to add one or more additional tranches of term loans (the Additional Term Loans).
The final installment of principal shall be in the amount of $277,777.78 or otherwise in an amount equal to the then remaining principal balance of the Term B Loans and shall be payable on the Term B Termination Date.