Term B-2 Advance definition

Term B-2 Advance has the meaning specified in Section 2.01(b).
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Term B-2 Advance means any Term Advance made by the Term B-2 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-2 Advances are $27,904,895.63 million
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Term B-2 Advance has the meaning specified in the Existing Credit Agreement.
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Examples of Term B-2 Advance in a sentence

  • 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.

  • Beal Bank Nevada previously made a Term B-2 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $[100,000,000.00], the outstanding principal amount of which is $[98,942,021.50] on the Effective Date.

  • The Closing Fee is irrevocably and unconditionally earned by the Lenders upon the funding of the Term B-1 Advances notwithstanding whether any Term B-2 Advance is made.

  • 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.

  • Fixed Assets include all expenditure of capital nature and are stated at aggregate of cost of acquisition, installation and commissioning less Cenvat Credit, VAT credit wherever applicable.


More Definitions of Term B-2 Advance

Term B-2 Advance means, collectively, (i) a Term B Advance that was outstanding under the Existing Credit Agreement as of the Restatement Effective Date and owing to an Extending Lender (as defined in the Amendment and Restatement Agreement) that became a Term B-2 Advance hereunder pursuant to the Amendment and Restatement Agreement and (ii) if applicable, a Term B-1 Advance that was outstanding under the this Agreement as of the First Amendment Effective Date and owing to an Extending B-1 Lender (as defined in the First Amendment) that became a Term B-2 Advance hereunder pursuant to the First Amendment.
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Term B-2 Advance means a Term B Advance that was outstanding under the Existing Credit Agreement as of the Restatement Effective Date and owing to an Extending Lender (as defined in the Amendment and Restatement Agreement) that became a Term B-2 Advance hereunder pursuant to the Amendment and Restatement Agreement.
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Related to Term B-2 Advance

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

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

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

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

  • Term Loan as defined in Section 2.1.

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

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

  • 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.

  • 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 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.

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

  • 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).

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

  • 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).

  • Tranche A 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 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 Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

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

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

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

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

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

  • 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.