Term Loan B Advance definition

Term Loan B Advance is defined in Section 2.1.2(a).

Term Loan B Advance means an advance made on pursuant to Section 2.01(d).

Term Loan B Advance has the meaning specified in Section 2.5.

Examples of Term Loan B Advance in a sentence

• Further Assurances; Financing Statements.....................................

• The principal balance of the Term Loan B Advance shall bear interest thereon from such Advance Date at the Term Loan B Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed.

• Lender shall fund the Term Loan B Advance in the manner requested by the Advance Request provided that each of the conditions precedent to such Term Loan B Advance is satisfied as of the requested Advance Date.

• The County shall maintain files and building plans required for Building Inspection Services until Certificate of Occupancy or other permit finalization; at which point, the County shall provide all files and plans to the City.

• The Term Loan A Advance, the Term Loan B Advance and the Term Loan C Advance are hereinafter referred to singly as a “Term Loan Advance” and collectively as the “Term Loan Advances”.

More Definitions of Term Loan B Advance

Term Loan B Advance means a borrowing requested by the Borrower and made by the Term Loan B Lenders pursuant to Section 4.1(b) hereof, including without limitation any refunding or conversion of such borrowing pursuant to Section 4.5 hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.

Term Loan B Advance. The Term Loan B Advance shall be repaid in equal consecutive monthly installments of no less than $42,500 (or such other amount mutually agreed between Borrower and Lender) payable on the fifteenth day of each calendar month commencing with October 15, 2007, with the entire unpaid balance due and payable on the Maturity Date.

Term Loan B Advance. (A) (i) Subject to the terms and conditions of the Agreement, IBM Credit shall make loans (the "Term Loan B") from time to time in an amount no lower than Two Million Five Hundred Thousand Dollars ($2,500,000) USA Customer on the date (the "Term Loan B Commencement Date") specified in a written request to IBM Credit by USA Customer for such Term Loan B ("Request for Term Loan B Advance") in the form of Exhibit 2.4.2 attached hereto, provided that the Outstanding Term Loan B at any time shall not exceed the Term Loan B Commitment. USA Customer shall deliver the Request for Term Loan B Advance on or prior to 1:00 p.m. (eastern time) one (1) Business Day prior to the Term Loan B Commencement Date. The Request for Term Loan B Advance shall set forth the principal amount of the Term Loan B. USA Customer may deliver the Request for Term Loan B Advance via facsimile.

Term Loan B Advance has the meaning specified in Section 2.01(b)(ii).

Term Loan B Advance shall have the meaning provided for in Paragraph 4.3(b) of Section 4 of this Financing Agreement.

Term Loan B Advance and “Term Loan B Advances” are each defined in Section 2.1.1(a) hereof.

Term Loan B Advance in Section 1.01 of the Credit Agreement is hereby amended by adding the following sentence at the end thereof: “The aggregate amount of Term Loan B Advances outstanding on the Third Amendment Effective Date (after giving effect to the repayment of Term Loan B Advances pursuant to Section 2.06(a)(iii)(A)(2) and the funding of the Incremental Term Loan B Advances, in each case to be made on such date) will be $849,000,000.”