Term B-2 Facility definition

Term B-2 Facility means, at any time, the aggregate amount of the Term B-2 Lenders’ Term B-2 Commitments at such time.

Term B-2 Facility means the Term B-2 Loans or any refinancing thereof.

Term B-2 Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B-2 Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B-2 Loans of all Term B-2 Lenders outstanding at such time.

Examples of Term B-2 Facility in a sentence

• Budget: PROTECTIONOperating costs $185,000Programme support costs (11%) $20,350TOTAL $205,350 .

• In addition, during the Availability Period in respect of the Term B2 Facility and the Term B3 Facility, the Borrower may, upon notice to the Administrative Agent as set forth above, from time to time terminate (in whole or in part) the unused portion of the aggregate Term B2 Commitments or the Term B3 Commitments, as the case may be.

• Each such prepayment shall be applied (x) with respect to any such prepayment on or prior to June 30, 2021, ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility and the Term C Facility and (y) with respect to any such prepayment after June 30, 2021, ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility and the Term C Facility and to the principal repayment installments thereof on a pro rata basis.

• The Commitments under the Term B-1 Facility, the Term B-2 Facility and the Term B-3 Facility shall be automatically and permanently reduced to zero on the earlier of (x) the date of the Borrowing under such Term B-1 Facility, Term B-2 Facility or Term B-3 Facility, as applicable, pursuant to Section 2.01 and (y) the date that the Term B-1 Availability Period, Term B-2 Availability Period or the Term B-3 Availability Period, as applicable, shall end.

• As set forth in Section 2.18(b) of the Credit Agreement, optional prepayments of any Term B-2 Loans shall be applied to the remaining installments of the Term B-2 Facility as specified by the Borrower.

More Definitions of Term B-2 Facility

Term B-2 Facility means the Term B-2 Loan Commitments and the Term B-2 Loans made hereunder.

Term B-2 Facility means the facility in respect of the Term B-2 Loans.

Term B-2 Facility means the aggregate principal amount of the 2017 Refinancing Term B-2 Loans of all 2017 Refinancing Term B-2 Lenders outstanding.

Term B-2 Facility means the Term B-2 Commitments and the Term B-2 Loans made hereunder.

Term B-2 Facility means, at any time, the aggregate amount of the Term B-2 Lenders’ Term B-2 Advances at such time. “Term B-2 Lender” means any Lender that holds a Term B-2 Advance.

Term B-2 Facility means, at any time, (a) on or prior to the Restatement Date, the aggregate amount of the Term B-2 Commitments at such time, (b) on or prior to the Delayed Draw Termination Date, the aggregate amount of the Term B-2 Commitments at such time and the aggregate principal amount of the Initial Term B-2 Loans of all Term B-2 Lenders outstanding at such time and (c) thereafter, the aggregate principal amount of the Initial Term B-2 Loans of all Term B-2 Lenders outstanding at such time. The aggregate principal amount of the Term B-2 Facility on the Restatement Date is $822,000,000.

Term B-2 Facility means, at any time, (a) on or prior to the funding of the Term B-2 Loans, the aggregate amount of the Term B-2 Commitments at such time and (b) thereafter, the aggregate Outstanding Amount of the Term B-2 Loans of all Term B-2 Lenders outstanding at such time. “Term B-2 Lender” means (a) at any time on or prior to the funding of the Term B-2 Loans, any Lender that has a Term B-2 Commitment at such time and (b) at any time after the funding of the Term B-2 Loans, any Lender that holds one or more Term B-2 Loans at such time. “Term B-2 Loan” means an advance made by any Term B-2 Lender under the Term B-2 Facility. “Term B-2 Note” has the meaning set forth in Section 2.09. “Term B-3 Availability Period” means the period from and after the Funding Date to the earliest of (a) September 30, 2019, (b) the date of termination of the Term B-3 Commitments pursuant to Section 2.04 and (c) the date of termination of the Term B-3 Commitments pursuant to Section 9.02. “Term B-3 Borrowing” means a borrowing consisting of simultaneous Term B-3 Loans made by each of the Term B-3 Lenders pursuant to Section 2.01(b)(iii). “Term B-3 Commitment” means, as to each Term B-3 Lender, its obligation to make a Term B-3 Loan to the Borrower pursuant to Section 2.01(b)(iii), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term B-3 Commitments of all of 35 CHAR1\1659840v4