Series B Advance definition

Series B Advance means each advance of funds made under and subject to the provisions contained in the Series B Credit Facility or the Series B Reimbursement Agreement, as applicable.
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Series B Advance means any Existing AXELs Series B Advance or any New AXELs Series B Advance. "AXELs Series B Borrowing" means a borrowing consisting of simultaneous AXELs Series B Advances of the same Type made by the AXELs Series B Lenders. "AXELs Series B Commitment" means an Existing AXELs Series B Commitment or a New AXELs Series B Commitment. "AXELs Series B Facility" means, at any time, the aggregate amount of the AXELs Series B Lenders' AXELs Series B Commitments at such time. "AXELS SERIES B Lender" means any Existing AXELs Series B Lender or any New AXELs Series B Lender. "AXELs Series B Note" means a promissory note of the Borrower payable to the order of any AXELs Series B Lender, in substantially the form of Exhibit A-3 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from the AXELs Series B Advance made by such Lender. "Bank Hedge Agreement" means any Hedge Agreement required or permitted under Article V that is entered into by and between the Borrower and any Hedge Bank. "Base Rate" means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of: (a) the rate of interest announced publicly by Citibank in New York, New York, from time to time, as Citibank's base rate; 40
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Series B Advance means an Advance made by a Lender to the Borrower pursuant to Section 2.01(b) hereof, and "SERIES B ADVANCES" means all such Advances of all Lenders in the aggregate.
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More Definitions of Series B Advance

Series B Advance means an Advance made by a Lender to the Borrower pursuant to Section 2.01(b) hereof, and "Series B Advances" means all such Advances of all Lenders in the aggregate.
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Related to Series B Advance

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

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

  • Term Loan as defined in Section 2.1.

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

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • 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.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).