Available Facility B definition

Available Facility B means, in relation to the Facility B, the aggregate for the time being of each Lender’s Available Commitment in respect of the Facility B.
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Available Facility B means the aggregate amount of the Facility B Commitments less any Facility B Outstandings, and adjusted to take account of:
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Available Facility B means the aggregate for the time being of each Lender's Available Facility B Commitment.
Sample 1

Examples of Available Facility B in a sentence

  • If delivered online, the program could consist of integrated learning modules with integrated polling or test questions, as already done in various contexts including the Accessibility for Ontarians with Disabilities Act training and existing Law Society CPD programs.

  • The Parties agree that upon such Lender's receipt of the Transfer Order, such Lender shall immediately transfer its Available Facility B Commitment (the “Transferred Commitment”) to Bank of China (and Bank of China shall, strictly in accordance with the terms and conditions set out in this Section 19.2, immediately assume the full amount of the Transferred Commitment and execute any documents reasonably requested by the Borrower in respect of such transfer).

  • A commitment fee will accrue on the aggregate of the Available Facility A Commitments and the Available Facility B Commitments of each Lender.

  • The Borrowers' Agent may, if it gives the Facility Agent not less than 2 Business Days' prior notice, cancel the whole or any part (being a minimum amount of US$50,000,000 and an integral multiple of US$10,000,000) of the Available Facility A or the Available Facility B.

  • Except to the extent Section 2 requires otherwise for LIBOR Portions, each Facility B Loan shall be in a minimum amount of $1,000,000 or such greater amount which is an integral multiple of $1,000,000; and each Facility B Loan shall be made pro rata by the Lenders in accordance with the amounts of their Available Facility B Commitments.

  • For the period from and including the Facility B Activation Date to but not including the Facility B Termination Date, the Company shall pay to the Agent for the account of the Lenders a commitment fee at the rate of one-eighth of one percent (1/8 of 1%) per annum (computed on the basis of a year of 360 days for the actual number of days elapsed) on the daily unused portion of the Available Facility B Commitments.

  • The obligations of the Lenders hereunder are several and not joint, and no Lender shall under any circumstances be obligated to extend credit under the Facility B Credit in excess of its Available Facility B Commitment.

  • No borrowing may be made under the Facility A Commitments to the extent there are any Available Facility B Commitments.

  • Such portion of the Facility B Commitments shall thereupon become part of the Available Facility B Commitments, and the Available Facility B Commitment of each Lender shall increase by its pro rata portion of the Facility B Commitments so activated.

  • The Facility B Credit may be utilized by the Company in the form of Facility B Loans, all as more fully hereinafter set forth, provided that the aggregate principal amount of Facility B Loans outstanding at any one time shall not exceed the portion (if any) of the Facility B Commitments which have become Available Facility B Commitments as hereinafter set forth.


More Definitions of Available Facility B

Available Facility B means the aggregate amount for the time being of each Lender's Available Commitment B not exceeding Rs 350 crores in the aggregate of all the Lenders.
Sample 1

Related to Available Facility B

  • Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.

  • Available Facility Amount is defined in Section 2.2(a).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the “Applicable Margin” is determined in accordance with the definition thereof: Level Facility Fee 2 0.125% 3 0.150% 4 0.200% 5 0.250%

  • Eligible facility means any hospital, skilled nursing facility, intermediate care facility, or basic care facility licensed by the state department of health, or any assisted living facility licensed by the department of human services; and

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Available Commitment means a Lender’s Commitment minus:

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d). [Signature page follows.]

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

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

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.

  • Facility A Commitment means, with respect to each Facility A Lender, the commitment, if any, of such Lender to make Facility A Revolving Loans and to acquire participations in Facility A Letters of Credit, Facility A Protective Advances and Facility A Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility A Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility A Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility A Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility A Commitments is $150,000,000.

  • 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