Examples of Facility B1 Loan in a sentence
The Borrower may not request that a Euro Term Facility A1 Loan, a Euro Term Facility A2 Loan or a HUF Term Facility B1 Loan be divided if, as a result of the proposed division, 3 or more Euro Term Facility A1 Loans, 3 or more Euro Term Facility A2 Loans or (as the case may be) 3 or more HUF Term Facility B1 Loans would be outstanding.
The Borrower may not deliver a Utilisation Request if as a result of the proposed Loan more than 1 Facility B1 Loan and 1 Facility B2 Loan would be outstanding.
Each Selection Notice for a HUF Term Facility B1 Loan, a HUF Term Facility B2 Loan and a HUF Capex Facility Loan is irrevocable and must be delivered to the HUF Agent by the Borrower not later than the Specified Time.
The Borrower shall repay each Facility B1 Loan on the last day of its Interest Period.
The following steps have been taken since the announced offer on January 27, 2014: n The €225 million Revolving Credit Facility and the €150 million Facility A Loan have been refinanced through senior debt Facility B1 Loan on February 26, 2014.
The Facility B1 Loan has an interest rate of Euribor +275 bps; n The 2020 3.625% €750 million Senior Secured Notes have been tendered for €678 million and the tendered notes have been redeemed through a new senior debt Facility B2 Loan (Euribor +275 bps) on February 27, 2014.
The Borrower to which a Facility B1 Loan has been made may, if it gives the Agent not less than 5 Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Facility B1 Loan (but if in part, being an amount that reduces the Base Currency Amount of the Facility B1 Loan by a minimum amount of (pound)500,000 and an integral multiple of (pound)250,000).
The remainder is still outstanding; n The 2017 6.125% €750 million Senior Notes have been refinanced through senior debt Facility B1 Loan on March 4, 2014; n Regarding the 2018 8.000% €1,208.9 million Senior Unsecured Notes, the Company has commenced an offer to exchange up to €934 million aggregate principal amount.
Period for a Loan shall not extend beyond the Termination Date applicable to its Facility (or, in the case of any Facility B1 Loan which is converted to a term loan under Clause 8 (Conversion of Facility B1), the Final B1 Termination Date).