B1 Facility definition
Examples of B1 Facility in a sentence
The obligations of the Lenders to make the A1 Facility and the B1 Facility available shall be conditional upon the Facility Agent having confirmed to Baseball Cash Bidco that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in Part 2 of Schedule 4 (Conditions Precedent to First Baseball Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably.
Letters of Credit issued under the Letter of Credit A Facility shall be issued for the account of any Crompton A Borrower, Letters of Credit issued under the Letter of Credit B-1 Facility shall be issued for the account of the Uniroyal B-1 Borrower and Letters of Credit issued under the Letter of Credit B-2 Facility shall be issued for the account of any B-2 Borrower.
Each Letter of Credit shall be issued upon notice, given not later than (i) 11:00 A.M. (New York City time) in the case of any proposed issuance under the Letter of Credit A Facility or Letter of Credit B-1 Facility and (ii) 11:00 A.
Each such prepayment shall be applied ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility, the Term B-4 Facility and the Term C Facility.
Evidence that the agreed fees payable on or prior to the utilisation of the A1 Facility and the B1 Facility by Baseball Cash Bidco in respect of the A1 Facility and the B1 Facility have been paid or will be paid on first drawdown of the A1 Facility and the B1 Facility.
Premises The land and, if any, building(s) or space within any such building(s) on which or in which CONTRACTOR is to perform the Services, as more specifically provided in the introductory paragraph and Schedule B-1: Facility Information (Including Permitted Work Hours and Entry Restrictions).
Any Borrower may on any Business Day, upon notice given to the Agent not later than (i) 11:00 A.M. (New York City time) in the case of Base Rate Advances or Eurocurrency Rate Advances under the Working Capital A Facility, the Working Capital B-1 Facility or the Canadian Facility and (ii) 11:00 A.
The repayment of the B Facility Advance and the B1 Facility Advance in full pursuant to Clause 11.1(a)(ii) (Voluntary Prepayment) or Clause 12.1 (Change of Control) shall be subject to the payment of a prepayment premium.
The Borrowers under the B Facility and the B1 Facility shall repay (or procure the repayment of) the aggregate outstanding principal amount of the B Facility Advance and the B1 Facility Advance, respectively, in full in one instalment on the applicable Final Maturity Date.
In the event such notification is made, the amount which would have been applied in prepaying such B Facility Lender or B1 Facility Lender shall instead be applied in prepayment to the Lenders of the A Facility, the A1 Facility and the A2 Facility, any accepting B Facility Lenders, any accepting B1 Facility Lenders and (unless otherwise specified with respect to any Additional Facility in the applicable Additional Facility Accession Deed) any Additional Facility Lenders, as applicable, on a pro rata basis.