Term B-1 Advance definition

Term B-1 Advance has the meaning specified in Section 2.01(a).
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Term B-1 Advance means any Term Advance made by the Term B-1 Lenders to the Borrower with a Termination Date of no later than April 27, 2013. As of the Second Amendment Effective Date, the aggregate Term B-1 Advances are $365,268,479.70 million.
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Term B-1 Advance means any Term Advance made by the Term B-1 Lenders to the Borrower with a Termination Date of no later than
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Examples of Term B-1 Advance in a sentence

  • Beal Bank previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $[98,795,750.00], the outstanding principal amount of which is $[97,313,813.72] on the Effective Date.

  • Each Additional Term B-1 Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (an "Additional Term B-1 Advance") to the Borrower on the Amendment No. 1 Effective Date in an amount not to exceed such Lender's Additional Term B-1 Commitment at such time.

  • This seems contrary to the usual meaning of charity; more specifically, the relief and prevention of poverty is a primary purpose of many charities for indigenous people.13 We consider that this is an important head of charity that should be explicitly maintained for the benefit of indigenous people.

  • The purpose of the advance made in respect of the new Term B3 Facility (as set out above) to be granted on the Fifth Closing Date is to prepay part of the Term B1 Advance and Term B2 Advance outstanding on the Fifth Closing Date.

  • Xxxx Bank Nevada previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $294,454,250.00, the outstanding principal amount of which is $287,092,803.70 on the Effective Date.

  • Any reference to a ‘‘Term B Advance’’ shall be a reference to a Term B1 Advance and/or a Term B2 Advance.A Further Term Advance under a Further Term Facility will be consolidated, form a single series and rank pari passu with an existing Term Advance.

  • Beal Bank Nevada previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $[294,454,250.00], the outstanding principal amount of which is $[290,037,346.22] on the Effective Date.

  • Xxxx Bank previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $98,795,750.00, the outstanding principal amount of which is $96,325,856.18 on the Effective Date.

  • Any reference to a “Term B Advance” shall be a reference to a Term B1 Advance and/or a Term B2 Advance.

  • In addition, any Term B-1 Lender that has consented to the Amendment may also commit to extend all or a portion of its existing Term B-1 Advance (which shall be converted into a Term B-2 Advance and/or Term B-3 Advance in accordance with, and subject to, the Amendment) by completing Item #2 and/or Item #3 to the left of the signature block below.


More Definitions of Term B-1 Advance

Term B-1 Advance has the meaning specified in the Existing Credit Agreement.
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Term B-1 Advance means an Additional Term B-1 Advance or a term loan or term loans deemed made by a Term B-1 Lender pursuant to Section 2.01(a)(i).
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Term B-1 Advance has the meaning specified in Section 1.01 of this Credit Agreement, as in effect prior to the Amendment No. 1 Effective Date.”;
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Term B-1 Advance means an advance made by any Term B-1 Lender under the Term B-1 Facility.
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Term B-1 Advance means a Term B Advance that was outstanding under the Existing Credit Agreement as of the Restatement Effective Date and owing to a Lender (other than an Extending Lender, as defined in the Amendment and Restatement Agreement) that became a Term B-1 Advance hereunder pursuant to the Amendment and Restatement Agreement.
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Related to Term B-1 Advance

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

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

  • Term B-1 Lender means, at any time, any Lender that has a Term B-1 Commitment or a Term B-1 Loan at such time.

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

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

  • Term Loan as defined in Section 2.1.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Term B Note means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender, substantially in the form of Exhibit C-1.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • 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.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).

  • Term B Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • Term B Loan Maturity Date means December 15, 2006 or such earlier date as the outstanding Term B Loan shall have been reduced to $0 pursuant to this Agreement.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Term Loan A Note means a promissory note in the form of Exhibit 2.5-3, as it may be amended, supplemented or otherwise modified from time to time.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Term Commitment means, as to each Term Lender, its obligation to make Term Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

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