Examples of Series B Loans in a sentence
Each payment (including each prepayment) by the Borrower on account of principal of and interest on the Series A Loans or the Series B Loans, as the case may be, shall be made pro rata according to the respective outstanding principal amounts on the Loans of each such Category then held by each Lender.
Series B Loans may be prepaid, but they may not be reborrowed once prepaid.
Second, the Plaintiffs say that they are entitled to deduct interest expenses that they incurred for the 1999 Series A and Series B Loans that the Trust entered into with the German Banks.
The Plaintiffs also argue that they are entitled to deduct interest paid or accrued on the 1999 Series A and Series B Loans from their reported taxable income on their returns for the Taxable Years under 26 U.S.C. § 163(a).
Each Series B Lender severally agrees, on the terms and conditions of this Agreement, to make loans to the Company in Dollars to but not including the Series B Commitment Termination Date in an aggregate principal amount up to but not exceeding the amount of the Series B Commitment of such Lender as in effect from time to time (such Loans being herein called "Series B Loans").
Thereafter, interest on the Series B Loans will be payable at the "Applicable Rate" from time to time in effect.
The Series B Loans shall bear interest at a variable rate from the date they are made until maturity.
The proceeds of the Series B Loans will be used to finance a portion of the 2017 Tender Offer, refinance existing Debt, pay dividends or make repurchases of Capital Securities permitted under paragraph 6E, or for general corporate purposes.
GENERAL Pursuant to the Series B Loan Agreements dated June 8, 1994, the Company has agreed to make loans (the "Series B Loans") to Texaco Inc.
In addition, if following any Series B Commitment Reduction Date the aggregate principal amount of the Series B Loans shall exceed the Series B Commitments, the Company shall pay Series B Loans in an aggregate amount equal to such excess.