Term Loan B definition

Term Loan B has the meaning set forth in Section 2.2(b).
Term Loan B has the meaning assigned to it in Section 1.1(b)(i).
Term Loan B means, collectively, the loans made by the Term Loan B Lenders to the Borrowers on the Closing Date pursuant to Section 2.01(a)(iii).

Examples of Term Loan B in a sentence

  • Any principal amount of the Term Loan B which is repaid or prepaid may not be reborrowed.

  • The Borrowers have asked the Lenders to extend credit to the Borrowers consisting of (a) a Term Loan A (as hereinafter defined) in the aggregate principal amount of $285,000,000, (b) a Term Loan B (as hereinafter defined) in the aggregate principal amount of $90,000,000 and (c) a Term Loan C (as hereinafter defined) in the aggregate principal amount of $55,000,000.

  • Each such prepayment shall be applied against the remaining installments of principal due on the Term Loan B in the inverse order of maturity.

  • Each prepayment pursuant to subsections (c)(i), (c)(ii), (c)(iii), (c)(iv) and (c)(v) above shall be applied, (i) first, to the Term Loan C until paid in full, (ii) second, to the Term Loan B until paid in full and (iii) third, to the Term Loan A until paid in full.

  • The proceeds of the Term Loan A, Term Loan B and Term Loan C shall be used to refinance existing indebtedness of the Borrowers, for general corporate purposes of the Borrowers and to pay fees and expenses related to this Agreement.


More Definitions of Term Loan B

Term Loan B means the loan made pursuant to the Term Loan B Facility.
Term Loan B shall have the meaning set forth in Section 2.6 hereof.
Term Loan B is defined in Section 2.1.7(a).”
Term Loan B means the Term Loan B to be made by the Lender to Borrowers pursuant to Section 2.1(b) hereof.
Term Loan B means the term loan made pursuant to the provisions of Section 1.3(b).
Term Loan B means the advances made pursuant to subsection 2.1(A)(2).
Term Loan B has the meaning specified therefor in Section 2.2 (b) of the Agreement.