Term B-1 Facility means the credit facility constituted by the Term B-1 Commitments and the Term B-1 Loans thereunder.
Examples of Term B-1 Facility in a sentence
Each Incremental Term B-1 Lender hereby consents to an Interest Period beginning on the Amendment No. 1 Effective Date and ending on December 31, 2012 in respect of the Eurocurrency Borrowing incurred on the Amendment No. 1 Effective Date under the Incremental Term B-1 Facility (the Initial Incremental Borrowing).
Each Borrowing of Term B-1 Loans shall consist of Term B-1 Loans made simultaneously by the Term B-1 Lenders in accordance with their respective Applicable Percentages with respect to the Term B-1 Facility.
Upon the effectiveness of this Amendment, Schedule 2.01 to the Credit Agreement shall be amended in the form of new Schedule 2.01 attached hereto as Exhibit B to reflect the allocations of the Lenders as of the Term B1 Facility Effective Date (as defined below).
The Euro Term B-1 Borrowing shall consist of Euro Term B-1 Advances made simultaneously by the Euro Term B-1 Lenders in accordance with their respective Ratable Share of the Euro Term B-1 Facility.
Simultaneously with the making of the Term B1 Loans, the Borrower shall have paid to all the Term Lenders all accrued and unpaid interest on the Term Advances to the Term B1 Facility Effective Date plus additional amounts, if any, owing pursuant to Section 3.05 of the Credit Agreement.