Term Loan B Loan definition

Term Loan B Loan means a Loan to the Borrower made by a Term Loan B Lender as part of an Advance under the Term Loan B Facility.
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Term Loan B Loan shall have the meaning assigned to that term in Section 3.1.
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Term Loan B Loan has the meaning assigned to such term in the preamble.
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Examples of Term Loan B Loan in a sentence

  • Not later than 12:00 Noon, New York City time, on the Borrowing Date requested by the Borrower each Term Loan B Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan B Loan or Term Loan B Loans to be made by such Term Loan B Lender on such date.

  • Telecommunications Term Loan B Loan 2M USD LIBOR+ 4.25% 0.00% 6.76% 12/16/2024 992,500 983,097 982,823 Borrower 1 US LLC Capital Equipment Term Loan B3 Loan 1M USD LIBOR+ 2.00% 0.75% 4.35% 1/15/2025 990,019 985,397 977,644 Ball Metalpack Finco LLC Bausch Health Companies Inc.

  • In the event (a) the Term Loan B Collateral Value is at any time less than the outstanding principal balance of the Term Loan B Loan, and (b) Agent makes demand therefor, Borrowers hereby agree to make a mandatory prepayment to Lenders in an amount equal to the difference between the Term Loan B Collateral Value and the outstanding principal balance of such Term Loan, which prepayment shall not reduce the amount or defer the time of payment of any required monthly payments on such Term Loan.

  • For the purpose of the NRP, incidents include the full range of occurrences that require an emergency response to protect life or property.

  • Each note shall be in the principal amount of the Term Loan B Loan Commitment of the applicable Term Loan B Lender, dated the Closing Date and substantially in the form of Exhibit 1.4(b) (each, a “Term Loan B Note” and, collectively, the “Term Loan B Notes”).

  • Student Fees: Mandatory fees associated with enrollment in the college and/or campus that are assessed for a specific purpose.

  • Prepayments of the Term Loan B Loan made after the third anniversary of the Effective Date are not subject to this prepayment fee.

  • The "Class" of a Loan (or of a Commitment to make a Loan) refers to whether such Loan is a Revolving Credit Loan, a Term Loan A Loan or a Term Loan B Loan, each of which constitutes a Class.

  • Each Term Loan B Note shall represent the obligation of Borrower to pay the amount of the applicable Term Loan B Lender’s Term Loan B Loan Commitment, together with interest thereon as prescribed in Section 1.7.

  • Promptly after the exercise of a Share Option by an employee of the Company and the payment in full of the Option Price of the Shares covered thereby, the individual exercising the Option shall be entitled to the issuance of a Share certificate or Share certificates evidencing his or her ownership of such Shares.


More Definitions of Term Loan B Loan

Term Loan B Loan means any extension of credit, that is not a Term Letter of Credit, advanced by the Lenders to the Borrowers pursuant to this Agreement on the Closing Date and includes all Term Loan B Obligations.
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Term Loan B Loan has the meaning specified in Section 2.1(b).
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Related to Term Loan B Loan

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).

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

  • Term Loan as defined in Section 2.1.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • 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 Loan Advances are each defined in Section 2.1.1(a).

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

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • 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.

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

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

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

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

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

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

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).