Facility B Loan definition

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.
Facility B Loan means a Facility B1 Loan and/or a Facility B2 Loan.
Facility B Loan means a Loan drawn down or to be drawn down under Facility B.

Examples of Facility B Loan in a sentence

  • Each Borrower which has drawn a Facility B Loan shall repay that Loan on the last day of its Interest Period.

  • The amount of a Facility B Loan, Facility C Loan or Revolving Facility Loan requested in an Optional Currency must be a minimum amount of the equivalent of US$10,000,000 and an integral multiple of 1,000,000 units of that currency.

  • If the Borrower fails to issue a Selection Notice in relation to a Facility B Loan or Facility C Loan, it shall be deemed to have requested that the Loan will remain denominated for its next Term in the same currency in which it is then outstanding.

  • A Canadian Borrower may only borrow a Facility B Loan or Facility B Loans pursuant to this Agreement and that Facility B Loan or Facility B Loans must be (i) drawn on the date of the first Utilisation under the Term Facilities; and (ii) denominated in the Base Currency.

  • A Borrower (or the Company on behalf of a Borrower) shall select the currency of a Utilisation in the Utilisation Request for a Facility B Loan.


More Definitions of Facility B Loan

Facility B Loan means a Facility B1 Loan and/or a Facility B2 Loan, in each case, as the context requires.
Facility B Loan means a Facility B Revolving Loan or a Term Loan.
Facility B Loan shall have the meaning assigned thereto in the Existing Credit Agreement.
Facility B Loan means the loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.
Facility B Loan has the meaning specified in Section 2.1 of this Facility B Agreement.
Facility B Loan means any Loan made under the Facility B Commitments pursuant to subsection 2.1; collectively, the “Facility B Loans”.
Facility B Loan has the meaning assigned to such term in Section 2.02(c) hereof.