Term Loan B Amount definition

Term Loan B Amount means $10,000,000.
Term Loan B Amount means $13,500,000.

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.

  • There was discussion regarding certain matters as follows:• Mr. O’Brien summarized the application and indicated that the various agency comments had been addressed.• The objectors advised that there was a gentleman outside of the meeting room who they thought would be present to help explain their concerns as they relate to health issues.

  • Bank shall make one (1) term loan (the “Term Loan B”) available to Borrower in an amount up to the Term Loan B Amount on the Amendment 4 Effective Date subject to the satisfaction of the terms and conditions of this Agreement.

  • Subject to the terms and conditions of this Agreement, on the Closing Date each Lender with a Commitment agrees (severally, not jointly or jointly and severally) to make term loans (collectively, "Term Loan B", and together with Term Loan A, the "Term Loans") to Borrowers in an amount equal to such Lender's Pro Rata Share of the 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.


More Definitions of Term Loan B Amount

Term Loan B Amount means $2,500,000.
Term Loan B Amount means, as of any date of determination, the outstanding principal amount of the Term Loan B.
Term Loan B Amount means $4,000,000.
Term Loan B Amount means the initial principal amount set forth in Section [2(b)(i)] of Annex I.
Term Loan B Amount means $6,220,384.79.
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 shall there after mean Five Hundred Thousand Dollars ($500,000).