Term Loan B Advance definition

Term Loan B Advance has the meaning specified in Section 2.5.
Term Loan B Advance is defined in Section 2.1.2(a).
Term Loan B Advance means an advance made on pursuant to Section 2.01(d).

Examples of Term Loan B Advance in a sentence

  • Notwithstanding the foregoing, all Advances shall be subject to earlier repayment upon (x) acceleration during the existence of an Event of Default or, during the Certain Funds Period with respect to the Term Loan B Advance, a Major Event of Default, under this Agreement or (y) termination of this Agreement.


More Definitions of Term Loan B Advance

Term Loan B Advance means a borrowing requested by the Borrower and made by the Term Loan B Lenders pursuant to Section 4.1(b) hereof, including without limitation any refunding or conversion of such borrowing pursuant to Section 4.5 hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.
Term Loan B Advance means a borrowing requested by Borrower and made by the Term Loan B Lenders pursuant to Section 4.A.1(a) hereof, including without limitation any refunding or conversion of such borrowing pursuant to Section 4.A.4 hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.
Term Loan B Advance. (A) (i) Subject to the terms and conditions of the Agreement, IBM Credit shall make loans (the "Term Loan B) from time to time in an amount no lower than Two Million Five Hundred Thousand Dollars ($2,500,000) USA Customer on the date (the "Term Loan B Commencement Date") specified in a written request to IBM Credit by USA Customer for such Term Loan B ("Request for Term Loan B Advance") in the form of Exhibit 2.4.2 attached hereto, provided that the Outstanding Term Loan B at any time shall not exceed the Term Loan B Commitment. USA Customer shall deliver the Request for Term Loan B Advance on or prior to 1:00 p.m. (eastern time) one (1) Business Day prior to the Term Loan B Commencement Date. The Request for Term Loan B Advance shall set forth the principal amount of the Term Loan B. USA Customer may deliver the Request for Term Loan B Advance via facsimile.
Term Loan B Advance. The Term Loan B Advance shall be repaid in equal consecutive monthly installments amortized over 48 months payable on the first day of each calendar month commencing February 1, 2007, with the entire unpaid balance due and payable on the Maturity Date
Term Loan B Advance has the meaning specified in Section 2.01(b)(ii)."
Term Loan B Advance and “Term Loan B Advances” are each defined in Section 2.1.1(a) hereof.
Term Loan B Advance has the meaning specified in Section 2.01(b), and, ------- if additional advances are made pursuant to Section 2.21, the term "Term Loan B ---- Advance" shall include such advances.