Term Loan B Amount definition

Term Loan B Amount means with respect to any Term Loan B Lender, the amount equal to its Term Loan B Percentage of the aggregate principal amount outstanding under the Term Loan B.

Term Loan B Amount means $10,000,000.

Term Loan B Amount means $4,000,000.

Examples of Term Loan B Amount in a sentence

• On the Closing Date, a portion of the Existing Term Loan in the amount of the Maximum Term Loan B Amount shall be continued hereunder as the Term Loan B.

• Subject to the terms and conditions of this Agreement, on the Closing Date each Lender with a Term Loan B Commitment agrees (severally, not jointly or jointly and severally) to make term loans (collectively, “Term Loan B”) to Borrower in an amount equal to such Lender’s Pro Rata Share of the Term Loan B Amount.

• The aggregate outstanding Term Loan B Advance may not exceed the Maximum Term Loan B Amount.

• Bank shall make one (1) term loan available to Borrowers in an amount up to the Term Loan B Amount on or within thirty (30) days from the Sixth Amendment Effective Date subject to the satisfaction of the terms and conditions of this Agreement.

• The sum of the principal amount of the Indebtedness consisting of the Revolving Credit and the Term Loan B as evidenced by a Revolving Credit Note and a Term Loan B Note issued to a Lender shall not exceed the sum of such Lender’s Revolving Credit Commitment Amount and Term Loan B Amount.

More Definitions of Term Loan B Amount

Term Loan B Amount means $13,500,000.

Term Loan B Amount means $2,500,000.

Term Loan B Amount means, as of any date of determination, the outstanding principal amount of Term Loan B.

Term Loan B Amount is defined in Section 2.1.2(a).

Term Loan B Amount is $3,000,000.”

Term Loan B Amount means Zero Dollars ($0.00); provided however, that if Borrower delivers evidence to Bank that Borrower has received the New Equity in its entirety, “Term Loan B Amount” shall there after mean Five Hundred Thousand Dollars ($500,000).

Term Loan B Amount means $7,500,000.