Definition of Term Facility B Loan


Term Facility B Loan means a loan made or to be made under Term Facility B or the principal amount outstanding for the time being of that loan.
Sample 1

Examples of Term Facility B Loan in a sentence

Except as set forth in Section 2.3(b), the Term Facility B Loan shall bear interest on the unpaid principal amount thereof at a per annum rate equal to the Prime Rate plus one percent (1.0%).