Facility B Utilisation definition

Facility B Utilisation means a Facility B Loan, a Letter of Credit or a Bank Guarantee.
Facility B Utilisation means a Facility B Loan or a Letter of Credit.
Facility B Utilisation means a Loan made or to be made under Facility B.

Examples of Facility B Utilisation in a sentence

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

  • A currency will constitute an Optional Currency in relation to a Revolving Facility B Utilisation if it is in US$, Pounds Sterling or another currency agreed to by all Lenders.

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

  • However, in case of the Deemed Facility B Utilisation and the Deemed Facility C Utilisation, respectively, no Utilisation Request in respect of Term Facility B and the Term Facility C, respectively, is required.


More Definitions of Facility B Utilisation

Facility B Utilisation means a Letter of Credit.

Related to Facility B Utilisation

  • Utilisation means a utilisation of the Facility.

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • 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 A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Drawdown Request means a notice substantially in the form set out in Schedule 3 (Drawdown Request).

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Drawdown means the drawdown of a Tranche under the Loan Facility;

  • Facility B Commitment means, in relation to a Lender, the principal amount in relation to Facility B described as such set opposite its name in Schedule 2 or set out under the heading “Amount of Facility B Commitment Transferred” in the schedule to any relevant Transfer Certificate, in each case as (i) reduced or cancelled, or (ii) increased, in accordance with this Agreement.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Facility Agent has the meaning set forth in the Preamble.

  • stabilisation means processes which change the hazardousness of the constituents in the waste and transform hazardous waste into non-hazardous waste.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

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

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Letter of Credit Borrowing means any Credit Extension resulting from a drawing under any Letter of Credit that has not been reimbursed or refinanced as a Borrowing of Revolving Loans.

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.