Term B Loan Percentage definition

Term B Loan Percentage means, for each Lender, the percentage of the Term B Credit Commitments represented by such Lender’s Term B Credit Commitment or, if the Term B Credit Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term B Loans then outstanding.

Term B Loan Percentage means, for any Term B Lender, the percentage held by such Term B Lender of the aggregate principal amount of all Term B Loans then outstanding.

Term B Loan Percentage means, as to any Lender, (a) prior to making the Term B Loans, the ratio of (i) the Term B Loan Commitment of such Lender to (ii) the Term B Loan Commitments of all Lenders and (b) after the Term B Loans are made, the ratio of (i) the outstanding principal balance of the Term B Loan of such Lender to (ii) the aggregate outstanding principal balance of the Term B Loans of all Lenders.

Examples of Term B Loan Percentage in a sentence

• Subject to Section 5.7 hereof, the Administrative Agent shall not be obligated to disburse the portion of the proceeds of any Term Loan requested pursuant to this Section 4.2 to the extent that any Lender has not made available to the Administrative Agent its Term A Loan Percentage of such Term A Loan or Term B Loan Percentage of such Term B Loan, as applicable.

• If such Lender's Revolving Credit Commitment Percentage, Term A Loan Percentage or Term B Loan Percentage, as applicable, of such borrowing is not made available to the Administrative Agent by such Lender within three (3) Business Days after such borrowing date, the Administrative Agent shall be entitled to recover such amount made available by the Administrative Agent with interest thereon at the rate per annum applicable to Base Rate Loans hereunder, on demand, from the Borrowers.

• Not later than 2:00 p.m. (Charlotte time) on the Closing Date, each Lender will make available to the Administrative Agent, for the account of the Borrowers, at the office of the Administrative Agent in funds immediately available to the Administrative Agent, such Lender's (i) Term A Loan Percentage of the Term A Loans and (ii) Term B Loan Percentage of the Term B Loans to be made on the Closing Date.

• The amount of such loss or expense shall be determined, in the applicable Lender's sole discretion, based upon the assumption that such Lender funded its Revolving Credit Commitment Percentage, Term A Loan Percentage or Term B Loan Percentage, as applicable, of the LIBOR Rate Loans in the London interbank market and using any reasonable attribution or averaging methods which such Lender deems appropriate and practical.

• Each Term B Lender shall maintain in accordance with its usual practice an account or accounts evidencing indebtedness of the Borrowers to such Lender resulting from such Lender’s Term B Loan Percentage of the Term B Loan of such Lender from time to time, including the amounts of principal and interest payable and paid to such Lender from time to time under this Agreement.

More Definitions of Term B Loan Percentage

Term B Loan Percentage as to any Term B Lender at any time, the percentage which the aggregate principal amount of such Lender’s Term B Loans then outstanding constitutes of the aggregate principal amount of the Term B Loans then outstanding.

Term B Loan Percentage. With respect to any Bank, the percentage equivalent of a fraction, the numerator of which is the amount of the Term B Loan Commitment Amount of such Bank and the denominator of which is the sum of the Term B Loan Commitments Amounts of all the Banks.

Term B Loan Percentage means, for any Term B Lender, the percentage held by such Term B Lender of the

Term B Loan Percentage means, with respect to any Term B Loan Lender at any time, the percentage of the total outstanding principal balance of the Term B Loans represented by the outstanding principal balance of such Term B Loan Lender’s Term B Loans. The Term B Loan Percentage of each Term B Loan Lender as of the Closing Date is set forth opposite the name of such Lender on Schedule 1.1(b).

Term B Loan Percentage has the meaning specified in the definition of Applicable Percentage.

Term B Loan Percentage means, as to any Term B Lender, the ratio of (a) the outstanding principal balance of the Term B Loans of such Term B Lender to (b) the aggregate outstanding balance of the Term B Loans of all Term B Lenders.

Term B Loan Percentage means, relative to any Lender, the applicable percentage relating to Term B Loans set forth on Schedule II hereto under the Term B Loan Commitment column or set forth in a Lender Assignment Agreement under the Term B Loan Commitment column, as such percentage may be adjusted from time to time pursuant to Lender Assignment Agreements executed by such Lender and its Assignee Lender and delivered pursuant to Section 10.11.1. A Lender shall not have any Term B Loan Commitment if its percentage under the Term B Loan Commitment column is zero.