Term B-5 Facility definition

Term B-5 Facility means the aggregate principal amount of the Term B-5 Loans of all Term B-5 Lenders outstanding at such time.
Sample 1Sample 2Sample 3
Term B-5 Facility means the aggregate principal amount of the Term B-5 Loans of all Term B-5 Lenders outstanding at such time.”;
Sample 1Sample 2
Term B-5 Facility means the $1,510,000,000 term loan made available under the Amended Credit Agreement pursuant to this Joinder Agreement, as the same may be increased under Section 2(k) of this Joinder Agreement.
Sample 1Sample 2

Examples of Term B-5 Facility in a sentence

  • The aggregate principal amount of the Term B-5 Commitment of each Additional Term B-5 Facility Lender is set forth opposite its name on Schedule 1 to this Joinder Agreement.

  • Subject to the terms and conditions set forth herein and in the Amended Credit Agreement, on the Closing Date each Additional Term B-5 Facility Lender severally agrees to make Term B-5 Loans to the Original Co-Borrower in cash in an aggregate principal amount equal to its Term B-5 Commitment, in accordance with the terms of the Amended Credit Agreement.

  • Amounts borrowed under the Term B-5 Facility and repaid or prepaid may not be reborrowed.

  • The Administrative Agent shall, as soon as reasonably practicable, notify the Original Co-Borrower and the Additional Term B-5 Facility Lenders once it has received all of the documents and evidence set out on Schedule 3 to this Joinder Agreement in form and substance satisfactory to the Administrative Agent (acting reasonably, on the instructions of the Additional Term B-5 Facility Lenders).

  • The Insured must take all reasonable precautions and exercise reasonable care for the maintenance and safety of the property insured as well as prevent or minimise potential loss or damage.

  • Execution and delivery, and acceptance by the Security Trustee, of an accession deed to the Intercreditor Agreement by each Additional Term B-5 Facility Lender.

  • The Term B-5 Facility shall be drawn in a single drawing during the Term B-5 Availability Period (or such longer period as specified in Section 2(g) of this Joinder Agreement).

  • The obligation of each Additional Term B-5 Facility Lender to fund its Term B-5 Loans under its Term B-5 Commitment is subject to the satisfaction, or waiver by the Administrative Agent (acting on the instructions of the Additional Term B-5 Facility Lenders), of the conditions set out on Schedule 4 to this Joinder Agreement.

  • The Administrative Agent shall have received a duly executed irrevocable Committed Loan Notice in respect of the Term B-5 Facility in accordance with the terms of Section 2.02 (Borrowings, Conversions and Continuations of Loans ) of the Amended Credit Agreement.

  • The conditions set forth in Sections 4.03(a), (b) and (d) of the Amended Credit Agreement shall have been satisfied with respect to the Credit Extension under the Term B-5 Facility.


More Definitions of Term B-5 Facility

Term B-5 Facility means the Term B-5 Loans made hereunder.
Sample 1

Related to Term B-5 Facility

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

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

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

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

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term B Loans has the meaning specified in Section 2.01(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

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

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Facility B Commitment means, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 and (b) assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

  • Term B Commitment means, as to each Term B Lender, its obligation to make Term B Loans to the Company pursuant to Section 2.01(b) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Term B Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term B Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Commitments means a Term B Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

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

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.