Term Loan B Loan definition

Term Loan B Loan means a Loan to the Borrower made by a Term Loan B Lender as part of an Advance under the Term Loan B Facility.
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Term Loan B Loan shall have the meaning assigned to that term in Section 3.1.
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Term Loan B Loan has the meaning specified in Section 2.1(b).
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Examples of Term Loan B Loan in a sentence

  • Not later than 12:00 Noon, New York City time, on the Borrowing Date requested by the Borrower each Term Loan B Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan B Loan or Term Loan B Loans to be made by such Term Loan B Lender on such date.

  • Student Fees: Mandatory fees associated with enrollment in the college and/or campus that are assessed for a specific purpose.

  • For the purpose of the NRP, incidents include the full range of occurrences that require an emergency response to protect life or property.

  • On the Effective Date hereof, Borrower shall give a single Term Loan B Loan Request to the Administrative Agent totaling an aggregate principal amount of exactly $475,000,000.

  • If any Term Loan A Lender or Term Loan B Lender so requests, such Lender’s Term Loan shall be evidenced by a promissory note in the form of Exhibit I-1 (for a Term Loan A Loan) and Exhibit I-2 (for a Term Loan B Loan) (each individually, a “Term Loan Note”) which note shall be (i) payable to the order of such Lender, (ii) in the amount of such Lender’s respective Term Loan, (iii) dated the Closing Date and (iv) otherwise appropriately completed.

  • The Borrower may not reborrow the principal amount of a Term Loan B Loan after repayment or prepayment thereof.

  • The Term Loan B Loan advanced to the Borrower and the maturity thereof, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto, which is part of this promissory note (the “Promissory Note”); provided, however, that the failure of the Lender to make any such recordation or endorsement shall not affect the Obligations of the Borrower under this Promissory Note.

  • Borrower shall give Agent irrevocable telephonic notice, written notice or telecopied notice by no later than 12:00 p.m., Chicago time, on the date it requests to make a Term Loan B Loan hereunder.

  • Not later than 12:00 Noon, New York City time, on the Borrowing Date requested by the Borrower each Term Loan B Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan B Loan or Term Loan B Loans to be made by such Term Loan B Lender.

  • Each Bank severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term Loan B Loan") on the Closing Date in an amount not to exceed such Bank's Pro Rata Share of the Term Loan B Commitment.


More Definitions of Term Loan B Loan

Term Loan B Loan has the meaning assigned to such term in the preamble.
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Term Loan B Loan means any extension of credit, that is not a Term Letter of Credit, advanced by the Lenders to the Borrowers pursuant to this Agreement on the Closing Date and includes all Term Loan B Obligations.
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Related to Term Loan B Loan

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Term Loan as defined in Section 2.1.

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

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).