Term B1 Advance definition

Term B1 Advance means a term loan or term loans in US Dollars made pursuant to Sections 2.01(a)(i) or 2.01(a)(iv) or deemed made pursuant to Section 2.01(a)(iii). Unless the context shall otherwise require, the term “Term B1 Advance” shall also include Incremental Term Advances.”
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Term B1 Advance means a term loan or term loans in dollars made pursuant to Sections 2.02A or 2.03A of this Agreement on the Fifth Amendment Effective Date.
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Term B1 Advance means an advance (as from time to time consolidated, divided or reduced by repayment) made or to be made by the Term B1 Banks under the Term B1 Facility.
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Examples of Term B1 Advance in a sentence

  • 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.

  • 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.

  • Fixed Assets include all expenditure of capital nature and are stated at aggregate of cost of acquisition, installation and commissioning less Cenvat Credit, VAT credit wherever applicable.

  • Any reference to a “Term B Advance” shall be a reference to a Term B1 Advance and/or a Term B2 Advance.


More Definitions of Term B1 Advance

Term B1 Advance shall also include Incremental Term Advances.”
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Related to Term B1 Advance

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan as defined in Section 2.1.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Revolving Advance has the meaning given in Section 2.1.

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

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).

  • Term Loan Borrowing means a borrowing consisting of Term Loans made on the same day by the Term Loan Lenders ratably according to their respective Term Loan Commitments.

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

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

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.