Secured Term Loan B definition

Secured Term Loan B means the several tranches of term loans provided for by the Term Loan B Credit Agreement, including the Term B-2 Loans, the Term B-3 Loans, and the Term B-4 Loans.
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Secured Term Loan B means the loan or loans borrowed under the Secured Term Loan B Credit Agreement.
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Examples of Secured Term Loan B in a sentence

  • During the period of December 4, 2020 through December 31, 2020, we received partial repayments of $7.4 million of our Senior Secured Term Loan B outstanding with NPRC.

  • On February 26, 2021, we received partial repayments of $2.3 million of our Senior Secured Term Loan B outstanding with NPRC.

  • During the period of February 26, 2021 through March 25, 2021, we received partial repayments of $4.8 million of our Senior Secured Term Loan B outstanding with NPRC.

  • During the period from October 21, 2021 through December 8, 2021, we received partial repayments of $93.6 million of our Senior Secured Term Loan A and $1.9 million of our Senior Secured Term Loan B outstanding with National Property REIT Corp.

  • During the period from January 13, 2022 through February 24, 2022, we provided $22.5 million and $5.6 million in Senior Secured Term Loan B and equity financing, respectively, to NPRC to support the purchase of high yield corporate debt.

  • During the period from October 21, 2021 through November 1, 2021, we received partial repayments of $83.6 million of our Senior Secured Term Loan A and $1.0 million of our Senior Secured Term Loan B outstanding with National Property REIT Corp.

  • During the period from December 8, 2021 through December 17, 2021, we provided $6.4 million and $1.6 million in Senior Secured Term Loan B and equity financing, respectively, to NPRC to support the purchase of high yield corporate debt.

  • During the period of March 25, 2020 through March 31, 2020, we received partial repayments of $122.3 million of our Senior Secured Term Loan A and $12.2 million of our Senior Secured Term Loan B outstanding with National Property REIT Corp.

  • On December 4, 2020, we received partial repayments of $4.5 million of our Senior Secured Term Loan B outstanding with NPRC.

  • During the period from October 21, 2021 through November 30, 2021, we received partial repayments of $83.6 million of our Senior Secured Term Loan A and $1.9 million of our Senior Secured Term Loan B outstanding with National Property REIT Corp.

Related to Secured Term Loan B

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Second Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the Second Lien Credit Agreement.

  • Tranche B Term Loan as defined in Section 2.1.