Term Loan B definition

Term Loan B has the meaning set forth in Section 2.2(b).
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Term Loan B has the meaning assigned to it in Section 1.1(b)(i).
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Term Loan B means, collectively, the loans made by the Term Loan B Lenders to the Borrowers on the Closing Date pursuant to Section 2.01(a)(iii).
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Examples of Term Loan B in a sentence

  • Notwithstanding anything to the contrary set forth in this Agreement or any other Loan Document, any Remaining Supplemental Premium shall be paid to the Administrative Agent for the account of the Term Loan B Lenders and Delayed Draw Term Lenders in accordance with their Last Out Pro Rata Share (as defined in the Agreement Among Lenders).

  • The outstanding unpaid principal amount of Term Loan A, Term Loan B, and Delayed Draw Term Loan, and all accrued and unpaid interest thereon, shall be due and payable on the earliest of (i) the termination of the Total Revolving Credit Commitment, (ii) the Final Maturity Date and (iii) the date on which the Term Loan is declared due and payable pursuant to the terms of this Agreement.

  • The Borrowers have asked the Lenders to extend credit to the Borrowers consisting of (a) a Term Loan A in the aggregate principal amount of $30,000,000, (b) a Term Loan B in the aggregate principal amount of $120,000,000, (c) a Delayed Draw Term Loan in an original aggregate committed amount of $20,000,000 and (d) a revolving credit facility in an aggregate principal amount not to exceed $20,000,000 at any time outstanding, of which $0 will be advanced on the Effective Date.

  • Each such prepayment shall be applied against the remaining installments of principal due on the Term Loan (including the final installment of principal due on the Term Loan on the Maturity Date), ratably to the Term Loan A, Term Loan B, and Delayed Draw Term Loan, until Paid in Full.


More Definitions of Term Loan B

Term Loan B means the loan made pursuant to the Term Loan B Facility.
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Term Loan B shall have the meaning set forth in Section 2.6 hereof.
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Term Loan B means the term loan made pursuant to the provisions of Section 1.3(b).
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Term Loan B means a term loan made by a Lender to the Borrower pursuant to Section 2.1(a)(ii) or all of the term loans made by the Lenders to the Borrower pursuant to Section 2.1(a)(ii), as the context requires.
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Term Loan B means the advances made pursuant to subsection 2.1(A)(2).
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Term Loan B has the meaning specified therefor in Section 2.2 (b) of the Agreement.
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Term Loan B shall have the meaning specified in subsection 2(c) hereof.
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