Term B Loan Advance definition

Term B Loan Advance is defined in Section 2.1.1(a).

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Term B Loan Advance shall have the meaning assigned to such term in Section 2.1(a).

Term B Loan Advance and “Term B Loan Advances” are each defined in Section 2. 1.1 (a).

Examples of Term B Loan Advance in a sentence

• Upon the making of each Term B Loan Advance (as defined in the Loan Agreement) to the Company, this Warrant automatically shall become exercisable for such number of additional shares of the Class as shall equal (a) the Term B Loan Shares Pool, multiplied by (b) a fraction, the numerator of which shall equal the amount of such Term B Loan Advance and the denominator of which shall equal $10,000,000, subject to adjustment thereafter from time to time in accordance with the provisions of this Warrant.

• The Term A Loan Advance and the Term B Loan Advance are hereinafter referred to singly as the “Term Loan Advance” and collectively as the “Term Loan Advances”.

• The Term A Loan Advance and the Term B Loan Advance are hereinafter referred to singly as a “Term Loan Advance” and collectively as the “Term Loan Advances”.

• The Term A Loan Advance, the Term B Loan Advance, and the Term C Loan Advance are each hereinafter referred to singly as a “Term Loan Advance” and collectively as the “Term Loan Advances”.

• The Term A Loan Advance and the Term B Loan Advance are hereinafter referred to singly as the “Term Loan Advance” and collectively as the “Term Loan Advances.” The aggregate outstanding Term Loan Advances shall not exceed the Maximum Term Loan Amount.

More Definitions of Term B Loan Advance

Term B Loan Advance is defined in Section 1.1 of this Agreement.

Term B Loan Advance and “Term B Loan Advances” are each defined in Section 1.1 of this Agreement.

Term B Loan Advance means the amounts advanced to Borrower by the Lenders on the Funding Date of the Term B Loan.

Term B Loan Advance shall have the meaning assigned to such term in Recital C hereof.

Term B Loan Advance means the outstanding principal from a Facility B Bank which represents such Facility B Bank's ratable share of a Term B Loan Borrowing.

Term B Loan Advance means a disbursement of the proceeds of the Term B Loan.

Term B Loan Advance and “Term B Loan Advances” are each defined in Recital A hereof.