Examples of Term B-1 Advance in a sentence
Beal Bank previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $[98,795,750.00], the outstanding principal amount of which is $[97,313,813.72] on the Effective Date.
Each Additional Term B-1 Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (an "Additional Term B-1 Advance") to the Borrower on the Amendment No. 1 Effective Date in an amount not to exceed such Lender's Additional Term B-1 Commitment at such time.
This seems contrary to the usual meaning of charity; more specifically, the relief and prevention of poverty is a primary purpose of many charities for indigenous people.13 We consider that this is an important head of charity that should be explicitly maintained for the benefit of indigenous people.
The purpose of the advance made in respect of the new Term B3 Facility (as set out above) to be granted on the Fifth Closing Date is to prepay part of the Term B1 Advance and Term B2 Advance outstanding on the Fifth Closing Date.
Xxxx Bank Nevada previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $294,454,250.00, the outstanding principal amount of which is $287,092,803.70 on the Effective Date.
Any reference to a ‘‘Term B Advance’’ shall be a reference to a Term B1 Advance and/or a Term B2 Advance.A Further Term Advance under a Further Term Facility will be consolidated, form a single series and rank pari passu with an existing Term Advance.
Beal Bank Nevada previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $[294,454,250.00], the outstanding principal amount of which is $[290,037,346.22] on the Effective Date.
Xxxx Bank previously made a Term B-1 Advance to the Borrower under the Existing Credit Agreement in the principal amount of $98,795,750.00, the outstanding principal amount of which is $96,325,856.18 on the Effective Date.
Any reference to a “Term B Advance” shall be a reference to a Term B1 Advance and/or a Term B2 Advance.
In addition, any Term B-1 Lender that has consented to the Amendment may also commit to extend all or a portion of its existing Term B-1 Advance (which shall be converted into a Term B-2 Advance and/or Term B-3 Advance in accordance with, and subject to, the Amendment) by completing Item #2 and/or Item #3 to the left of the signature block below.