B6 Facility definition
Examples of B6 Facility in a sentence
Evidence that the agreed fees payable by the Company in connection with the utilisation of the B5 Facility and B6 Facility have been or will be paid.
The guarantees and indemnities provided by any member of the Baseball Group hereunder shall not extend to any sums payable under any of the Finance Documents relating to the B5 Facility or B6 Facility or any sums emanating therefrom to the extent that to do so would require the relevant member(s) of the Baseball Group to comply with the provisions of Sections 151 to 158 of the Act with respect to such B5 Facility and B6 Facility.
Upon the acceptance of any appointment as TLB Agent, such TLB Agent shall succeed to, and become vested with, all the transferred rights, powers, privileges and duties of the Administrative Agent with respect to the Term B-6 Facility and Term B-7 Facility, and the Administrative Agent shall be discharged from such duties and obligations under this Agreement and the other Loan Documents.
The Administrative Agent shall, as soon as reasonably practicable, notify the Original Co-Borrower and the Additional Term B-6 Facility Lenders once it has received all of the documents and evidence set out on Schedule 4 to this Joinder Agreement in form and substance satisfactory to the Administrative Agent (acting reasonably, on the instructions of the Additional Term B-6 Facility Lenders (acting reasonably)).
The Administrative Agent shall have received a duly executed irrevocable Committed Loan Notice in respect of the Term B-6 Facility in accordance with the terms of Section 2.02 (Borrowings, Conversions and Continuations of Loans) of the Amended Credit Agreement; provided however that such Committed Loan Notice may be delivered no later than one Business Day prior to the Closing Date.
The Administrative Agent will promptly notify the Company and the Additional Term B-6 Facility Lenders of (i) any occurrence of a Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date and Benchmark Transition Start Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement Conforming Changes and (iv) the commencement or conclusion of any Benchmark Unavailability Period.
The conditions set forth in Sections 4.03(a), (b) and (d) of the Amended Credit Agreement shall have been satisfied with respect to the Credit Extension under the Term B-6 Facility.
Execution and delivery, and acceptance by the Security Trustee, of an accession deed to the Intercreditor Agreement by each Additional Term B-6 Facility Lender.
The Interconnection and Transmission criteria were met at the time the B6 Facility was interconnected with Idaho Power to make sales of non-firm energy under the Schedule 86 Agreement.