B4 Facility definition

B4 Facility means the term loan facility granted to the Company pursuant to Clause 2.1(f)(i) (The Facilities) and novated to the US Borrower pursuant to the provisions of Clause 2.2 (Novation of B4 Facility).

Examples of B4 Facility in a sentence

  • Subject to the provisions of Clause 37.3 (Assignments or Transfers by Lenders), the Facility Agent may on not less than 2 Business Days prior notice, require the Company to (and the Company shall promptly thereafter) transfer by way of novation and in form satisfactory to the Facility Agent, some or all of its obligations under the B4 Facility to the US Borrower, whereupon such US Borrower shall become the primary obligor in respect of such obligations as if it had been the original Borrower thereof.

  • The guarantees and indemnities provided by any member of the Telewest Group hereunder shall not extend to any sums payable under any of the Finance Documents relating to the B2 Facility, B3 Facility, B4 Facility, B8 Facility, B9 Facility or B10 Facility or any sums emanating therefrom, except to the extent that such members of the Telewest Group have complied with paragraph (d) of Clause 3.3 (Vanilla Conditions Subsequent).

  • Budget: PROTECTIONOperating costs $185,000Programme support costs (11%) $20,350TOTAL $205,350 .

  • The guarantees and indemnities provided by any member of the Telewest Group hereunder shall not extend to any sums payable under any of the Finance Documents relating to the B2 Facility, B3 Facility and B4 Facility or any sums emanating therefrom, until the relevant member(s) of the Telewest Group have complied with the provisions of Sections 151 to 158 of the Act with respect to such B2 Facility, B3 Facility and B4 Facility.

  • The sub-section does not specify who has the authority to grant such an exemption.

  • In addition, achieving area source status would result in reduced burden on any source that no longer must meet major source requirements.

  • Accordingly, if we fail to maintain its financial covenants, such failure shall not constitute an event of default under the Amended and Restated Credit Agreement with respect to the Tranche B- 3 Facility or Tranche B-4 Facility until and unless the Amended and Restated Senior Credit Facility is accelerated or the commitment of the lenders to make further loans is terminated.

  • Principal Amount Assigned of the Term B-4 Facility $_______ Principal Amount Assigned of the Extended Maturity Term B Facility $_______ [Name of Assignor] Caesars Entertainment Operating Company, Inc.

  • LevelConsolidated First Lien Net Leverage RatioEurodollar Rate LoansBase Rate Loans1Less than 2.50:1.002.50%1.50%2Greater than or equal to 2.50:1.002.75%1.75% Rate Floor Base Rate: 0% Eurodollar Rate: 0% Amortization Commencing on the first Business Day after December 31, 2019 and continuing on the first Business Day after the end of each March, June, September and December thereafter, an aggregate principal amount equal to 0.25% of the aggregate principal amount of Nexstar Term B-4 Facility.

  • The interest rate that applies is a weighted average of the total loans raised using this facility.

Related to B4 Facility

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Holding facility means a designated area for the retention of

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

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

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Triage facility means a short-term facility or a portion

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

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

  • Energy facility means an energy plant or transmission

  • Public facility means 1 or more of the following:

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

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • Marihuana facility means a location at which a licensee is licensed to operate under the medical marihuana facilities licensing act.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Common Facility Means a place where tenants utilise the same equipment such as kitchen, laundry meeting room and or car park.

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.