Tranche B Term Loan Amount definition

Tranche B Term Loan Amount means an original principal amount equal to Fifteen Million Dollars ($15,000,000.00).
Tranche B Term Loan Amount is an amount equal to Seven Million Five Hundred Thousand Dollars ($7,500,000).
Tranche B Term Loan Amount is an aggregate principal amount up to One Million Dollars ($1,000,000) plus any accrued but unpaid interest thereon outstanding at any time.

Examples of Tranche B Term Loan Amount in a sentence

  • The Manager may instruct the Producer to reply on behalf of the Manager.

  • Bank shall make one (1) or more term loans available to Borrowers in an amount not to exceed the Tranche B Term Loan Amount (each a “Tranche B Term Loan”, and together with the Tranche A Term Loan, each a “Term Loan” and collectively, the “Term Loans”) during the Tranche B Draw Period and subject to the satisfaction of the terms and conditions of this Agreement.

  • Subject to the terms and conditions hereof, each Lender severally agrees to lend to Company, on or before December 19, 2003, a Tranche B Term Loan in an amount equal to such Lender's Tranche B Term Loan Amount to be used for the purposes identified in Section 2.5. Any amount borrowed under this Section 2.1, and subsequently repaid or prepaid, may not be reborrowed.

  • The Tranche B Lender shall have received (a) a fully executed Tranche B Note issued in order to amend and restate the existing Tranche B Note and to reflect the new Tranche B Term Loan Amount (after giving effect to this Amendment), and (b) an amendment to the Cash Collateral Security Agreement in order to reflect the new Cash Collateral Amount (after giving effect to this Amendment), in each case in form and substance reasonably satisfactory to Administrative Agent and the Tranche B Lender.

  • Each Lender, by delivering its signature page to this Agreement and funding its Tranche A Term Loan Amount, Tranche B Term Loan Amount, Tranche C Term Loan Amount and/or a Revolving Loan on the Closing Date, shall be deemed to have acknowledged receipt of, and consented to and approved, each Credit Document and each other document required to be approved by Requisite Lenders or Lenders, as applicable.


More Definitions of Tranche B Term Loan Amount

Tranche B Term Loan Amount means the amount of the Tranche B Term Loan to be lent by a Lender to Company. The Tranche B Term Loan Amount of each Lender is initially as set forth opposite the name of that Lender in SCHEDULE 1.1(b) annexed hereto, and may be adjusted or reduced pursuant to the terms and conditions hereof. As of the Closing Date, the aggregate amount of the Tranche B Term Loan Amounts shall be $70,000,000.
Tranche B Term Loan Amount means the amount of the Tranche B Term Loan to be made by a Lender to Company. The amount of each Lender's Tranche B Term Loan Amount, if any, as of the Closing Date is set forth on Appendix A.
Tranche B Term Loan Amount means $20,000,000. SUBPART 2.18 Amendment to Security Agreement . Subject to the satisfaction of the conditions precedent set forth in Part III of this Amendment, the Security Agreement is hereby amended by deleting the reference to “$15,250,000” set forth in the definition ofCash Collateral” in Section 1 of the Security Agreement and replacing such reference with a reference to “$20,250,000”.
Tranche B Term Loan Amount means $20,000,000.
Tranche B Term Loan Amount means an original principal amount equal to Fifteen Million Dollars ($15,000,000.00); provided, that if (i) prior to the Tranche B Closing Date, the Tranche B Commitments are terminated following the occurrence of a Waiver Default or (ii) the Tranche B Closing Date does not occur on or before July 27, 2023, in each case, the Tranche B Term Loan Amount, for purposes of this Agreement, shall equal zero.
Tranche B Term Loan Amount has the meaning specified thereof in Section 2.2(a) of the Agreement.
Tranche B Term Loan Amount means the amount of the Tranche B Term Loan to be made by a Lender to Borrower. The amount of each Lender's Tranche B Term Loan Amount, if any, is set forth on Appendix A, except as otherwise provided in Section 2.2(a)(ii).