Term Loan B definition

Term Loan B has the meaning set forth in Section 2.2(b).
Term Loan B as defined in Section 2.1.
Term Loan B has the meaning assigned to it in Section 1.1(b)(i).

Examples of Term Loan B in a sentence

  • Except as otherwise provided in this Agreement, Loans under the Term Loan B shall accrue interest at a rate per annual equal to the lesser of (a) the sum of the LIBOR Rate plus the Applicable Margin, and (b) the Maximum Rate.

  • 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 $35,000,000, (b) a Term Loan B in the aggregate principal amount of $70,000,000 and (c) a revolving credit facility in an aggregate principal amount not to exceed $25,000,000 at any time outstanding.


More Definitions of Term Loan B

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).
Term Loan B shall have the meaning set forth in Section 2.6 hereof.
Term Loan B means the loan made pursuant to the Term Loan B Facility.
Term Loan B means the term loan made to the Borrower by the Term Loan B Lenders pursuant to Section 4.1(b) hereof.
Term Loan B means the advances made pursuant to subsection 2.1(A)(2).
Term Loan B has the meaning specified therefor in Section 2.2 (b) of the Agreement.
Term Loan B shall have the meaning specified in subsection 2(c) hereof.