Common use of The Term B Borrowing Clause in Contracts

The Term B Borrowing. Subject to the terms and conditions set forth herein, on the Closing Date, Bank of America will make Term B Loans to the Borrower in the aggregate principal amount of $1,850,000,000 in Dollars. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (MGM Growth Properties Operating Partnership LP), Credit Agreement (MGM Growth Properties LLC)

AutoNDA by SimpleDocs

The Term B Borrowing. Subject to the terms and conditions set forth herein, on the Closing Date, Bank of America the Lenders will make Term B Loans to the Borrower in the aggregate principal amount of $1,850,000,000 2,200,000,000 in Dollars. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Vici Properties Inc.), Credit Agreement (Vici Properties Inc.)

AutoNDA by SimpleDocs

The Term B Borrowing. Subject to the terms and conditions set forth herein, on the Closing Date, Bank of America will make Term B Loans to the Borrower in the aggregate principal amount of $1,850,000,000 in Dollars. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided herein. (a) (c)

Appears in 1 contract

Samples: Credit Agreement (MGM Growth Properties Operating Partnership LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!