Examples of Term Loan B Percentage in a sentence
Annex A Commitment Annex (as of the Closing Date) Lender Revolving Commitment Amount Revolving Commitment Percentage Term Loan A Commitment Amount Term Loan A Percentage Term Loan B Commitment Amount Term Loan B Percentage Deferred Purchase Price Commitment Amount Deferred Purchase Price Percentage Valens U.S. SPV I, LLC $ 1,200,000 100 % $ 0 0 % $ 0 0 % $ 292,709.40 11.62 % Valens Offshore SPV II, Corp.
Subject to the terms and conditions of this Agreement, each Lender severally and for itself alone agrees to make a single advance to the Company on the Third Amendment Effective Date (the “Term Loan B Advance”) in an amount equal to such Lender’s Term Loan B Percentage of the Term Loan B Aggregate Commitment.
The percentage equal to the quotient of (x) each Lender's Term Loan B Commitment, divided by (y) the aggregate of all Term Loan B Commitments, is that Lender's "Term Loan B Percentage." The aggregate amount of the Term Loan B Commitments is Fifteen Million Dollars ($15,000,000).
The percentage equal to the quotient of (x) each Lender's Term Loan B Commitment, divided by (y) the aggregate of all Term Loan B Commitments, is that Lender's "Term Loan B Percentage." The aggregate amount of the Term Loan B Commitments is Ten Million Dollars ($10,000,000).
Each Lender shall, not later than 2:00 p.m. (Milwaukee time) on each requested date, wire to a bank designated by Agent the amount of that Lender's Revolving Credit Percentage of the requested Revolving Credit Loan or the amount of that Lender's Term Loan B Percentage of the requested Term Loan B.