Facility B definition

Examples of Facility B in a sentence

  • The Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation, more than one Facility A Loan and three Facility B Loans would be outstanding.

  • The Borrower shall not repay or prepay all or any part of a Term Loan or cancel all or any part of the Facility A Commitments or Facility B Commitments, except at the times and in the manner expressly provided for in this Agreement.


More Definitions of Facility B

Facility B means the Facility B Commitments and the extensions of credit made thereunder.
Facility B is defined in Section 3.01.
Facility B has the meaning given to such term in Clause 2.1(b) (Facility A and Facility B).
Facility B is defined in section 3.01.
Facility B means the term loan facility made available under the 2017 Facilities Agreement as described in paragraph (b) of Clause 2.1 (The Facilities) of the 2017 Facilities Agreement.
Facility B means the $1,000,000,000 60 Month and one day term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).