Examples of Term B2 Borrowing in a sentence
The Term B-2 Borrowing shall consist of Term B-2 Loans made simultaneously by the Term B-2 Lenders in accordance with their respective Term B-2 Commitments.
Such Term B-2 Borrowing shall consist of Term B-2 Loans made simultaneously by the Initial Term B-2 Lenders in accordance with their respective Term B-2 Commitments.
Each Term B-2 Lender hereby consents to (i) an Interest Period beginning on the Amendment No. 2 Effective Date and ending on February 28, 2013 in respect of the Eurocurrency Borrowing incurred on the Amendment No. 2 Effective Date under the Term B-2 Loans (the “Initial Term B-2 Borrowing”) and (ii) receipt of the notice of Borrowing in respect of the Initial Term B-2 Borrowing on the Amendment No. 2 Effective Date.
In addition, the parties hereto agree that such Initial Term B-2 Borrowing shall have an Adjusted Eurocurrency Rate of 1.00%.
For the avoidance of doubt, the Term A Borrowing shall be in a principal amount of $60,000,000, the Term B-1 Borrowing shall be in a principal amount of $10,000,000 and the Term B-2 Borrowing shall be in a principal amount of $55,000,000.
Each Term B-2 Borrowing shall be in an aggregate amount of $5,000,000 or an integral multiple of $500,000 in excess thereof (or the remaining Unused Term B-2 Commitments, if less) and shall consist of Term B-2 Advances made simultaneously by the Term B-2 Lenders ratably according to their Term B-2 Commitments.
Ladies and Gentlemen: The undersigned hereby requests the [Term A Borrowing] [Term B-1 Borrowing] [Term B-2 Borrowing] on [__] (which is a Business Day) in the aggregate principal amount of $[60,000,000] [10,000,000] [55,000,000].
The Term B-2 Borrowing shall consist of Term B-2 Advances made simultaneously by the Term B-2 Lenders ratably according to their Term B-2 Commitments.
For the avoidance of doubt, the Term A Borrowing shall be in a principal amount of $60,000,000, the Term B-1 Borrowing shall be in a principal amount of $10,000,000, the Term B-2 Borrowing shall be in a principal amount of $15,000,000 and the Term C Borrowing shall be in a principal amount of $15,000,000.
Ladies and Gentlemen: The undersigned hereby requests the [Term A Borrowing] [Term B-1 Borrowing] [Term B-2 Borrowing] [Term C Borrowing] on [__] (which is a Business Day) in the aggregate principal amount of $[60,000,000] [10,000,000] [15,000,000] [$15,000,000].