Definition of Term Loan B Exposure

  1. Term Loan B Exposure means, with respect to any Lender as of any date of determination, (a) prior to the termination of the Term Loan B Commitments, that Lender's Term Loan B Commitment; and (b) after the termination of the Term Loan B Commitments, the aggregate outstanding principal amount of the Term Loan B of that Lender.

Examples of Term Loan B Exposure in a sentence

  1. Aggregate Term Loan B Exposure Percentage: with respect to any Term Loan B Lender at any time, the ratio (expressed as a percentage) of such Term Loan B Lenders Aggregate Term Loan B Exposure at such time to the Aggregate Term Loan B Exposure of all Term Loan B Lenders at such time.

Definition of Term Loan B Exposure in Financing Agreement

Term Loan B Exposure means, with respect to any Lender as of any date of determination, (a) prior to the termination of the Term Loan B Commitments, that Lender's Term Loan B Commitment; and (b) after the termination of the Term Loan B Commitments, the aggregate outstanding principal amount of the Term Loan B of that Lender.