Facility B1 definition

Facility B1 means the term loan facility made available under this Agreement as described in paragraph (b) of clause 2.1.1 (The Facilities).

Facility B1 means the credit facility designated as the B1 Credit Agreement, dated July 31, 2009, by and between Enbridge Partners and the Partnership, on behalf of the Series AC, which was refinanced with the proceeds of the B1 Promissory Note.

Facility B1 means the sterling term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities). “Facility B1 Commitment” means:

Examples of Facility B1 in a sentence

• Under the terms of the credit agreement, VTR is obligated to repay 50% of the outstanding aggregate principal amount of the Term Loan Facility B-1 on November 23, 2022, with the remaining principal amount due on May 23, 2023, which represents the ultimate maturity date of the facility.

• The term loan facility comprises of $60.0 million (Facility A1), $20.0 million (Facility A2), $22.5 million (Facility B1) and $7.5 million (Facility B2) with maturity tenure of 36 months for A1 and B1 and 60 months for A2 and B2.

• Pursuant to the Acquisition Financing Transactions, Dollar Facility B1, Dollar Facility B2 and Dollar Facility B3 became obligations of Ziggo Holdco, with the euro as its functional currency.

• Interest expense on borrowings under Facility B1, Facility B2, Facility B3, and Facility B4 accrues at floating rates.

• Represents preliminary fair value adjustments associated with Ziggo Holdco’s existing Facility B1, Facility B2, Facility B3, the Existing 2020 Senior Secured Notes and the 2018 Senior Notes that were automatically exchanged into Existing 2024 Senior Notes or repaid subsequent to November 11, 2014.

More Definitions of Facility B1

Facility B1 means the credit facility designated as the B1 Credit Agreement, dated the Closing Date, by and between Enbridge Partners and the Partnership, on behalf of the Series AC, as it may be amended, supplemented or restated from time to time.

Facility B1 means the B1 Credit Agreement in the form attached to this Agreement as Exhibit C.

Facility B1 means the revolving credit facility made available under this Agreement as described in Clause 2 (The Facilities).

Facility B1 means the KRW term loan facility made or to be made available under this Agreement as described in Clause 2.1(b) (The Facilities).

Facility B1 means the 364-day multicurrency revolving loan facility with a term-out option made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

Facility B1 means the term loan facility referred to in Clause 2.1(b) (Facilities);

Facility B1 means the €335.0 million term loan B1 facility established under