Term B1 Lender definition

Term B1 Lender means, collectively, (a) each Term B Lender that executes and delivers the Second Amendment on or prior to the Second Amendment Effective Date and (b) each Additional Term B1 Lender.”
Term B1 Lender. By: Callidus Debt Partners CLO Fund VI, Ltd. By: Its Collateral Manager Callidus Capital Management, LLC
Term B1 Lender each Lender that has a Term B1 Commitment or, following the termination of the Term B1 Loan Commitments, has a Term B1 Loan outstanding.

Examples of Term B1 Lender in a sentence

  • Subject to the terms and conditions set forth herein and Amendment No. 1, each Term B-1 Lender with an Term B-1 Commitment severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Term B-1 Lender’s Term B-1 Commitment on the Amendment No. 1 Effective Date.

  • The Term B-1 Commitment of each Additional Term B-1 Lender shall be automatically terminated on the Amendment No. 1 Effective Date upon the borrowing of the Additional Term B-1 Loans on such date.

  • Each Term B-1 Lender severally agrees to make to the Borrowers a single loan denominated in Dollars in a principal amount equal to such Term B-1 Lender’s Term B-1 Commitment on the Escrow Closing Date.

  • On the terms and subject to the conditions contained in this Agreement, each U.S. Term B-1 Lender severally agrees to make a loan (each a “U.S. Term B-1 Loan”) in Dollars to the U.S. Borrower on the Incremental Amendment No. 2 Effective Date, in an amount equal to such Lender’s U.S. Term B-1 Commitment.

  • The Term Commitment of each Term B-1 Lender was automatically and permanently reduced to $0 upon the making of such Term Lender’s Term B-1 Loans pursuant to Section 2.01(a)(i).

  • The Dollar Term B-1 Commitment of each Dollar Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Dollar Term B-1 Lender’s Term Loans pursuant to Section 2.01(b)(i).

  • The Euro Term B-1 Commitment of each Euro Term B-1 Lender shall be automatically and permanently reduced to $0 upon the making of such Euro Term B-1 Lender’s Term Loans pursuant to Section 2.01(b)(ii).

  • On the Amendment No. 1 Effective Date (after giving effect to the funding of the Term B-1 Loans by the Additional Term B-1 Lender representing the full amount of the Additional Term B-1 Commitment and the Term B-2 Loans to be made on such date), the Additional Term B-1 Commitment of the Additional Term B-1 Lender and the Term B-2 Commitments of each Term Lender with a Term B-2 Commitment will automatically and permanently terminate.

  • Each Term B-1 Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term B-1 Advance”) to the Borrower on or after the Effective Date in an amount not to exceed such Lender’s Term B-1 Commitment at such time, consisting of Term B-1 Advances made simultaneously by the Term B-1 Lenders ratably according to their Term B-1 Commitments.

  • On the Closing Date, each Term B-1 Lender made to the Borrower a single loan denominated in Dollars in a Dollar Amount equal to such Term B-1 Lender’s Term B-1 Commitment pursuant to Section 2.01(a) of the Original Credit Agreement as in effect on the Closing Date.


More Definitions of Term B1 Lender

Term B1 Lender is defined in Subpart 2.1.2.
Term B1 Lender means, collectively, (a) each Term B Lender that executes and delivers the Fifth Amendment on or prior to the Fifth Amendment Effective Date and (b) each Additional Term B1 Lender.
Term B1 Lender means, collectively, (a) each Term Lender that executes and delivers the Second Amendment on or prior to the Term B1 Facility Effective Date and (b) each Additional Term B1 Lender.
Term B1 Lender means, at any time, (i) on or prior to the First Amendment Effective Date, any Lender that has a Term B1 Commitment at such time and (ii) at any time after the First Amendment Effective Date, any Lender that holds Term B1 Loans at such time.
Term B1 Lender each Lender that has a Term B1 Loan outstanding.

Related to Term B1 Lender

  • Term B-1 Lender means a Lender with an outstanding Term B-1 Loan Commitment or an outstanding Term B-1 Loan.

  • Term B-2 Lender means each Lender holding a Term B-2 Loan.

  • Term A Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term A Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term A Loans at such time.

  • Term A-1 Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Term A-1 Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Term A-1 Loans at such time.

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

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

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

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

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Commitment means, as to each Term Lender, its obligation to make Term Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

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

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

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

  • Term B-2 Loan means the Loan in the amount set forth in Section 2.01(a)(i).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Loan Commitment means a statement transmitted in writing or electronically by a mortgage lender setting forth the terms and conditions upon which the mortgage lender is willing to make a particular residential mortgage loan to a particular borrower.

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

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

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).