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 $15,000,000.
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Maximum Term Loan B Amount means $7,700,000.
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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.

  • The aggregate outstanding Term Loan B Advance may not exceed the Maximum Term Loan B Amount.

  • 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.

  • 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.


More Definitions of Maximum Term Loan B Amount

Maximum Term Loan B Amount shall have the meaning set forth in the Recitals to this Agreement.
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Maximum Term Loan B Amount means $40,000,000.
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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.
Sample 1
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.
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Maximum Term Loan B Amount means Ten Million and No/100 Dollars ($10,000,000).
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Related to Maximum Term Loan B Amount

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Tranche B Term Loan as defined in Section 2.1.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Maximum Revolver Amount means $100,000,000, decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of the Agreement.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Total Incremental Term Loan Commitment means the sum of the Incremental Term Loan Commitments of any Class of Incremental Term Loans of all the Lenders providing such Class of Incremental Term Loans.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).