Term Loan B Advance definition

Term Loan B Advance has the meaning specified in Section 2.5.
Term Loan B Advance is defined in Section 2.1.2(a).
Term Loan B Advance means an advance made on pursuant to Section 2.01(d).

Examples of Term Loan B Advance in a sentence

  • He was too ―hard‖ they said, and other counselors encouraged him to become more understanding with inmates.

  • Each Term Loan B Advance and each Term Loan D Advance must be in an amount equal to at least Five Million Dollars ($5,000,000.00).

  • But the bottom-line is that someone needs to take the initiative to start an improvement effort and in our experience an outsider (external change agent) such as a specific program/partner has an important role to play to facilitate the interaction between bottom-up activities (delivering care) and top-down activities (issuing regulations).

  • The principal balance of the Term Loan B Advance shall bear interest thereon from such Advance Date at the Term Loan B Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed.

  • Borrower will pay interest only on the Term Loan B Advance on the first day of each month, beginning the month following the Closing Date through the 12th month following the Closing Date.


More Definitions of Term Loan B Advance

Term Loan B Advance means a borrowing requested by the Borrower and made by the Term Loan B Lenders pursuant to Section 4.1(b) hereof, including without limitation any refunding or conversion of such borrowing pursuant to Section 4.5 hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.
Term Loan B Advance means a borrowing requested by Borrower and made by the Term Loan B Lenders pursuant to Section 4.A.1(a) hereof, including without limitation any refunding or conversion of such borrowing pursuant to Section 4.A.4 hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.
Term Loan B Advance has the meaning specified in Section 2.01(b)(ii).
Term Loan B Advance. (A) (i) Subject to the terms and conditions of the Agreement, IBM Credit shall make loans (the "Term Loan B) from time to time in an amount no lower than Two Million Five Hundred Thousand Dollars ($2,500,000) USA Customer on the date (the "Term Loan B Commencement Date") specified in a written request to IBM Credit by USA Customer for such Term Loan B ("Request for Term Loan B Advance") in the form of Exhibit 2.4.2 attached hereto, provided that the Outstanding Term Loan B at any time shall not exceed the Term Loan B Commitment. USA Customer shall deliver the Request for Term Loan B Advance on or prior to 1:00 p.m. (eastern time) one (1) Business Day prior to the Term Loan B Commencement Date. The Request for Term Loan B Advance shall set forth the principal amount of the Term Loan B. USA Customer may deliver the Request for Term Loan B Advance via facsimile.
Term Loan B Advance. The Term Loan B Advance shall be repaid in equal consecutive monthly installments of no less than $42,500 (or such other amount mutually agreed between Borrower and Lender) payable on the fifteenth day of each calendar month commencing with October 15, 2007, with the entire unpaid balance due and payable on the Maturity Date.
Term Loan B Advance shall have the meaning provided for in Paragraph 4.3(b) of Section 4 of this Financing Agreement.
Term Loan B Advance means an advance made by the Bank to the Borrower pursuant to Section 3.3 hereof.