Tranche B Loan Balance definition

Tranche B Loan Balance means as of any date of determination an amount equal to the sum of the outstanding principal amount of all Tranche B Loans together with all Accrued Interest thereon.
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Tranche B Loan Balance means, at any time, the aggregate outstanding principal balance of the Tranche B Notes at such time.
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Tranche B Loan Balance means, as of any day of the termination, an amount equal to (i) the sum of the outstanding Tranche B Loans together with all accrued and unpaid interest thereon, less (ii) the sum of all payments received by the Lessor on account of payments to reduce the Tranche B Loans, including reductions resulting from payments by the Lessee, proceeds from the sale of the Property, and/or amounts realized from the collateral pledge pursuant to the Cash Collateral Agreement.
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Examples of Tranche B Loan Balance in a sentence

  • As consideration for the sale, assignment and transfer contemplated by Section 2.1 hereof, the Assignee shall, on the Assignment Date, assume Assignor's obligations in respect of the Assigned Interest and pay to the Assignor an amount equal to the sum of the Tranche A Loan Balance if any is being assigned hereunder and the Tranche B Loan Balance, if any is being assigned hereunder.

  • In the event that a mandatory prepayment is required under this Section 2.13(c) and the Tranche B Loan Balance is less than the amount required to be prepaid, the Borrowers shall repay the entire Loan Balance of the Tranche B Loans.


More Definitions of Tranche B Loan Balance

Tranche B Loan Balance is the Loan Balance with respect to the Tranche B Loans.
Sample 1
Tranche B Loan Balance means, as of any day of the termination, an amount equal to (i) the sum of the outstanding Tranche B Loans together with all accrued and unpaid interest thereon, less (ii) the sum of all payments received by the Lessor on account of payments to reduce the Tranche B Loans, including reductions resulting from payments by the Lessee and the Guarantor, proceeds from the sale of the Property, and/or amounts realized from the collateral pledge pursuant to the Cash Collateral Agreement.
Sample 1

Related to Tranche B Loan Balance

  • Loan Balance means, for any date of determination, the outstanding principal balance due under or in respect of a Timeshare Loan (including a Defaulted Timeshare Loan).

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • 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.

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

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Total loan amount means the principal of the loan minus those

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to (a) the aggregate principal balance of all Portfolio Investments acquired by the Company prior to such date minus (b) the aggregate principal balance of all Portfolio Investments repurchased by the Parent or an Affiliate thereof prior to such date.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

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

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.