Term B Borrower definition

Term B Borrower means, collectively, Holdings and each other Person that becomes a borrower under a Term B Facility pursuant to Section 1.09.
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Term B Borrower means Xxxxxxx Properties Holdings I, LLC.
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Term B Borrower has the meaning specified in the recital of parties to this Agreement.
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Examples of Term B Borrower in a sentence

  • Any Subsidiary that becomes a party to this Agreement pursuant to this Section 1.09 shall thereupon be deemed for all purposes to be a Revolving Credit Borrower under the Revolving Credit Facility hereunder and/or a Term A Borrower under the Term A Facility hereunder, and/or a Term B Borrower under a Term B Facility hereunder as applicable.

  • Each such prepayment of any Term B Advances shall be applied as specified by the Term B Borrower.

  • Following repayment in full of the Term A Loans, Term B Borrower may at any time and from time to time prepay the Term B Loans, in whole or in part, but together with the then-applicable Repayment Premium, upon irrevocable (unless otherwise agreed by the Administrative Agent) written notice delivered to the Administrative Agent no later than 12:00 Noon, one Business Day prior thereto, which notice shall specify the date and amount of prepayment.

  • Each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term B Advance”) to the Term B Borrower on the Effective Date in an amount not to exceed such Lender’s Term B Commitment at such time.

  • Subject to Section 2.01(b), each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (an “Initial Term B Advance”) to the Term B Borrower on the Effective Date in an amount not to exceed such Lender’s Term B Commitment at such time.

  • The Term B Borrower, the Term B Lenders and the Agents agree, for purposes of Section 1271 et seq.


More Definitions of Term B Borrower

Term B Borrower means, collectively, Holdings and each other Person that becomes a borrower under a Term B Facility pursuant
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Term B Borrower means TP US Holdings.
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Term B Borrower means Consoltex USA.
Sample 1

Related to Term B Borrower

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term B Lenders pursuant to Section 2.01(b).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term B Lender means, at any time, any Lender that has a Term B Commitment or a Term B Loan at such time.

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

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

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • Term B Facility means the Term B Loan Commitments and the Term B Loans made hereunder.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Term Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a).

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.