Definition of Term Loan B Amount


Term Loan B Amount means $4,000,000.


Term Loan B Amount means Zero Dollars ($0.00); provided however, that if Borrower delivers evidence to Bank that Borrower has received the New Equity in its entirety, "Term Loan B Amount" shall there after mean Five Hundred Thousand Dollars ($500,000).
Sample 1

Examples of Term Loan B Amount in a sentence

Subject to the terms and conditions of this Agreement, on the Closing Date each Lender with a Term Loan B Commitment agrees (severally, not jointly or jointly and severally) to make term loans (collectively, "Term Loan B") to Borrower in an amount equal to such Lender's Pro Rata Share of the Term Loan B Amount.
The Term Loan B shall be repaid in consecutive monthly installments each in a principal amount equal to 1/60th of the Term Loan B Amount, plus accrued interest on the amount of principal so repaid, on the first day of each month, commencing on July 1, 2001.
Moragas ------------------------------ Title: Assistant Vice President ------------------------------ Term Loan B Amount: $2,750,000.08 ESOP Loan Amount: $185,185.17 Address: 313 Carondelet Street New Orleans, Louisiana 70130 Telecopy No.: (504) 533-5344 DOMESTIC LENDING OFFICE 313 Carondelet Street New Orleans, Louisiana 70130 EURODOLLAR LENDING OFFICE 313 Carondelet Street New Orleans, Louisiana 70130 95 Lender: Revolving Credit Amount: THE CIT GROUP/BUSINESS CREDIT, INC.
On the Closing Date, a portion of the Existing Term Loan in the amount of the Maximum Term Loan B Amount shall be continued hereunder as the Term Loan B.
Goodwin ------------------------------ Title: Director ------------------------------ Term Loan B Amount: $- 0 - By: /s/ Lee S.