Loan B definition

Loan B means the advance of credit to Borrower under this Agreement, if any, in the Commitment Amount Loan B.
Loan B means the advance of credit by Horizon to any Co-Borrower under this Agreement in the Loan B Commitment Amount.
Loan B means the advance of credit by Lender to Borrower under this Agreement in the Commitment Amount Loan B.

Examples of Loan B in a sentence

  • Except as otherwise provided in this Agreement, Loans under the Term Loan B shall accrue interest at a rate per annual equal to the lesser of (a) the sum of the LIBOR Rate plus the Applicable Margin, and (b) the Maximum Rate.

  • The Borrowing of Loan B shall be made in a single disbursement of Loan B.

  • The Borrowers have asked the Lenders to extend credit to the Borrowers consisting of (a) a Term Loan A in the aggregate principal amount of $35,000,000, (b) a Term Loan B in the aggregate principal amount of $70,000,000 and (c) a revolving credit facility in an aggregate principal amount not to exceed $25,000,000 at any time outstanding.


More Definitions of Loan B

Loan B means the advance of credit by Lender to Borrower under this Agreement in the Loan B Commitment Amount. “Loan B Commitment Amount” has the meaning set forth on the cover page of this Agreement.
Loan B means the term loan facility made available under this Agreement and described in Section 2.01(a) below.
Loan B means an amount of up to but not exceeding USD 55,466,667.-, or as reduced to USD 10,000,000.- subject to the IPO Prepayment – Loan B. “Loans” means, at any time, the aggregate amount outstanding under Loan A, Loan B and the Revolving Credit Facility.
Loan B means the five Advances referred to in Clause 2.1(ii) or (as the context requires) the principal amount thereof for the time being advanced and outstanding under this Agreement;
Loan B means that portion of the Loan evidenced by Note B. [*]
Loan B means each advance of credit to Borrower this Agreement pursuant to Section 2.1(a)(ii) hereof.
Loan B the term loan in the amount of HK$9,600,000 granted by the Lender to Borrower B pursuant to the terms of Loan Agreement BLoan C” the term loan in the amount of HK$9,800,000 granted by the Lender to Borrower C pursuant to the terms of Loan Agreement C