Maximum Term Loan B Amount definition

Maximum Term Loan B Amount means $5,000,000.

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Maximum Term Loan B Amount means Five Million and No/100 Dollars ($5,000,000).

Maximum Term Loan B Amount means $15,000,000.

Examples of Maximum Term Loan B Amount in a sentence

On the Closing Date, a portion of the Existing Term Loan in the amount of the Maximum Term Loan B Amount shall be continued hereunder as the Term Loan B.
Respond to mini-bids requesting staff augmentation services; and • Provide qualified staff augmentation resources (resume, other needed documentation of qualifications as specific in each mini-bid, fully burdened rate, availability, and Right to Represent).
Subject to the terms and conditions of this Agreement, each Lender with any Commitment to make Term Loans B agrees to make a series of term loans ("Term Loans B") to Borrower in the aggregate principal amount funded by such Lender not to exceed such Lender's Pro Rata Portion (Term Loans B) of the Maximum Term Loan B Amount.
Subject to the terms and conditions set forth in this Agreement, Lender agrees to loan to Borrower on the Closing Date the Maximum Term Loan B amount in the form of Term Loan B to be constituted of a single draw equal to such Maximum Term Loan B Amount to be disbursed to the Borrower’s account(s) as set forth on Schedule 2.4. Term Loan B is not a revolving credit facility, and any repayments of principal shall be applied to permanently reduce Term Loan B.
Subject to the terms and conditions of this Agreement, on or after the Closing Date through the Availability End Date, Borrower may request Advances in an aggregate amount of up to $5,000,000 (the “Term Loan B Advances”) in minimum increments of $1,000,000; provided, that Borrower shall request at least $2,500,000 on or before December 31, 2011, The aggregate outstanding Term Loan B Advances may be up to the Maximum Term Loan B Amount.

More Definitions of Maximum Term Loan B Amount

Maximum Term Loan B Amount means $7,700,000.

Maximum Term Loan B Amount shall have the meaning set forth in the Recitals to this Agreement.

Maximum Term Loan B Amount means (a) before the Lenders' receipt of evidence satisfactory to the Lenders, of the satisfactory completion of Milestone A, $5,000,000, (b) from and after the Lenders' receipt of evidence satisfactory to the Lenders, of the satisfactory completion of Milestone A and before the satisfactory completion of Milestone B, $10,000,000, (c) from and after the Lenders' receipt of evidence satisfactory to the Lenders, of the satisfactory completion of Milestones A and B, $20,000,000; PROVIDED, HOWEVER, that, in no event, shall the "Maximum Term Loan B Amount" exceed $15,000,000 on or before June 30, 1997.

Maximum Term Loan B Amount means Ten Million and No/100 Dollars ($10,000,000).

Maximum Term Loan B Amount means an amount up to 50% of the card club supply costs (the “Card Club Supply Costs”) as set forth in the budget (the “Approved Card Club Supply Budget”) approved by Lender and as amended to allow for changes under Paragraph 17(n) hereof.

Maximum Term Loan B Amount means $40,000,000.