Term B Percentage definition

Term B Percentage means, as to any Term B Lender, the percentage which (a) the Term B Commitment of such Lender (or, after the Effective Date, the principal amount of such Lender’s Term B Loan) is of (b) the aggregate amount of Term B Commitments (or, after the Effective Date, the aggregate principal amount of all Term B Loans).

Term B Percentage means, relative to any Lender, the applicable percentage relating to Term B Loans set forth below its signature on the signature pages hereto opposite the reference to "Term B Loan Commitment" or set forth in a Lender Assignment Agreement under the Term B Loan Commitment column, as such percentage may be adjusted from time to time pursuant to Lender Assignment Agreements executed by such Lender and its Assignee Lender and delivered pursuant to Section 10.11.1. A Lender shall not have any Term B Loan Commitment if its percentage under the Term B Loan Commitment column is zero.

Term B Percentage as to any Term B Lender at any time, the ratio (expressed as a percentage) of the aggregate outstanding principal amount of the Term B Loans of such Term B Lender at such time to the aggregate outstanding principal amount of the Term B Loans of all Term B Lenders at such time.

Examples of Term B Percentage in a sentence

• Except as expressly provided herein, the Administrative Agent will promptly distribute, in like funds as received, to each Lender its Revolving Percentage of any portion of such payment related to the Revolving Loans, its Term A Percentage of any portion of such payment relating to the Term A Loans or its Term B Percentage of any portion of such payment relating to the Term B Loans.

• The initial Term B Percentage of each Lender is set forth across from such Lender’s name on Schedule 2.1. Term Loans means, collectively, the Term A Loans and the Term B Loans.

• Aggregate principal and interest payments in respect of Term B Loans shall be made proportionately to the Lenders' respective Term B Percentage.

• In a single Borrowing (which shall be on a Business Day) occurring on the Effective Date, each Term B Lender agrees that it will make Term B Loans to the Borrower equal to such Lender's Term B Percentage of the aggregate amount of the Borrowing of Term B Loans requested by the Borrower to be made on such day.

• Each Lender severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term B Loan") on the Closing Date in an amount not to exceed such Lender's Term B Percentage of $25,000,000.

More Definitions of Term B Percentage

Term B Percentage means, as of any date of determination, expressed as a percentage, (i) the aggregate principal amount of outstanding Term B Loans divided by (ii) the aggregate principal amount of all outstanding Term Loans.

Term B Percentage means, with respect to a Term B Lender, such Term B Lender’s Percentage of the Term B Facility.

Term B Percentage means, relative to any Lender, the applicable percentage relating to Term B Loans set forth on Schedule III hereto [omitted] under the heading ‘Term B Outstanding as of 1/27/03’ or set forth in a Lender Assignment Agreement under the Term B Loan Commitment column, as such percentage may be adjusted from time to time pursuant to (i) Lender Assignment Agreements executed by such Lender and its Assignee Lender and delivered pursuant to Section 10.11.1 or (ii) the terms of Section 2.8 or Section 10.11.3. A Lender shall not have any Term B Loan Commitment if its percentage under the Term B Loan Commitment column is zero.”

Term B Percentage means, at any time, a fraction (expressed as a percentage) the numerator of which is equal to the aggregate principal amount of all Term B Loans outstanding at such time and the denominator of which is equal to the aggregate principal amount of all Term Loans outstanding at such time.

Term B Percentage means, at any time, a fraction (expressed as a ----------------- percentage) the numerator of which is equal to the aggregate principal amount of all Term B Loans outstanding at such time and the denominator of which is equal to the aggregate principal amount of all Term Loans outstanding at such time.

Term B Percentage means, with respect to any Term B Lender at any time, a fraction (expressed as a percentage, carried out to the ninth decimal place), (a) prior to the termination of the Term B Commitments in full, the numerator of which is the amount of the Term B Commitment (calculated in the case of any Euro Term B Lender based on the Dollar Equivalent determined as of the date of this Agreement) of such Lender at such time and the denominator of which is the aggregate amount of the Term B Commitments (calculated in the case of any Euro Term B Lender based on the Dollar Equivalent determined as of the date of this Agreement) of all Term B Lenders at such time and (b) after the termination of the Term B Commitments in full, the numerator of which is the principal amount of the Term B Loan (calculated in the case of any Euro Term B Lender based on the Dollar Equivalent determined as of the date of this Agreement) owed to such Lender at such time and the denominator of which is the aggregate principal amount of the Term B Loans (calculated in the case of any Euro Term B Lender based on the Dollar Equivalent determined as of the date of this Agreement) owed to all Term B Lenders at such time.

Term B Percentage as to any Term B Lender at any time, the percentage (carried out to the ninth decimal place) which such Lender’s Term B Commitment then constitutes of the aggregate Term B Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Term B Loans then outstanding plus such Lender’s Term B Commitment then in effect constitutes of the aggregate principal amount of the Term B Loans then outstanding plus the Term B Commitments then in effect).