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B Advances definition

B Advances has the meaning set forth in Section 2.1.
Sample 1
B Advances. The Borrower may select an Interest Period for each Facility B Advance in its notice of borrowing.
Sample 1

Examples of B Advances in a sentence

  • The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments.

  • Option B: Advances Nominations and Nominations from the Floor Nominations will be taken for four weeks in advance of the annual meeting as well as from the floor at the annual meeting.

  • Upon such execution, delivery, acceptance and recording, from and after the effective date specified in each Designation Agreement, the designee thereunder shall be a party hereto with a right to make B Advances as a Lender pursuant to Section 2.03 and the obligations related thereto.

  • Upon receipt of principal or interest paid after an Event of Default and an acceleration or a deemed acceleration of amounts due hereunder, the Agent will promptly thereafter cause to be distributed like funds relating to the payment of principal or interest ratably in accordance with each Lender's outstanding A Advances and B Advances (other than amounts payable pursuant to Section 2.10 or 2.12) to the Lenders for the account of their respective Applicable Lending Offices.

  • The Borrower will only use the proceeds of the Class A Advances and the Class B Advances as permitted under Section 2.3.

  • Proceeds of the Class A Advances and the Class B Advances have been used only as permitted under Section 2.3. No part of the proceeds of the Class A Advances or the Class B Advances will be used directly or indirectly to purchase or carry Margin Stock, or to extend credit to others for the purpose of purchasing or carrying any Margin Stock, in violation of any of the provisions of Regulations T, U or X of the Board of Governors of the Federal Reserve System.

  • With respect to the Class B Advances, the Class A Lenders shall have funded the requested Class A Advances on such Funding Date.

  • On any Business Day during the Revolving Period, the Issuer, subject to this Sub-Clause 2.2(b) (Class B Advances), may increase the Class B Principal Amount (such increase, including any increase resulting from a Class B Investor Group Maximum Principal Increase Amount, is referred to as an “Class B Advance”), by increasing the principal amounts of the Class B Notes allocated ratably by their respective Class B Commitment Percentages in accordance with Sub-Clause 2.2(b)(iv) (Class B Advance Allocations).

  • Each Tranche B Borrowing shall be in an amount not less than the Revolving Credit Borrowing Minimum or the Revolving Credit Borrowing Multiple in excess thereof and shall consist of Tranche B Advances of the same Type and in the same currency made on the same day by the Tranche B Lenders ratably according to their respective Tranche B Commitments.

  • If the Agent is conducting the auction for B Advances, it shall in turn promptly notify each A Lender of each request for a B Borrowing received by it from the Borrower by sending such A Lender a copy of the related Notice of B Borrowing.

Related to B Advances

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

  • Revolving Advances means Advances made other than Letters of Credit.

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Revolving Loans as defined in Section 2.4(a).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category. “Eligible Purchases” These are from purchases of goods and services you make with your account (a) at certain merchants or of specified types listed in the Schedule; and (b) in which a single or multiple items are purchased in the same transaction totaling certain amounts as listed in the Schedule. Each Eligible Purchase may be kept track of separately on your statement and may be treated as its own Balance Category. Eligible Purchase(s) may also be referenced and abbreviated as “Elig Purch” in some locations in the Schedule.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • New Revolving Loans as defined in Section 2.25.

  • Term A Loans has the meaning specified in Section 2.01(b).

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

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • or "Advances means a cash advance or cash advances under the Revolving Facility.

  • Committed Loans means loans made pursuant to Section 2.1(a).

Most Referenced Clauses

Most Referenced Definitions