Term B Facilities definition

Term B Facilities means, collectively, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility, the Term B-4 Facility and the Term B-5 Facility.”;
Term B Facilities means the Term B Loans and any Incremental Term B Loans or any refinancing thereof.
Term B Facilities means, collectively, the U.S. Term B Facility and the Euro Term B Facility.

Examples of Term B Facilities in a sentence

  • The Borrower will use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case in respect of the Borrower, and (ii) a public rating (but not any specific rating) in respect of each of the Term B Facilities from each of S&P and Xxxxx’x.

  • Each such prepayment of any Term B Advances shall be applied ratably to each of the Term B Facilities and to the remaining installments thereof on a pro rata basis.

  • The Borrower will use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Mxxxx’x, in each case in respect of the Borrower, and (ii) a public rating (but not any specific rating) in respect of each of the Term B Facilities from each of S&P and Mxxxx’x.

  • Amount and Tenor: 8-1/2 year reducing revolving loan facility (the "Revolving Facility"; the commitments thereunder are the "Revolving Commitments"; the Revolving Facility, the Term B Facilities and the Incremental Facility, if any, collectively, are the "Credit Facilities") in the amount of $175,000,000 (the loans thereunder, together with (unless the context otherwise requires) the Swingline Loans referred to below, being the "Revolving Loans").

  • STRUCTURE The Senior Credit Facility provides for (pound)364.9 million of loan facilities comprising (i) Term A and Term B Facilities and (ii) the Working Capital Facility (each as described below) and the ancillary facilities that may be provided therein.


More Definitions of Term B Facilities

Term B Facilities means, at any time, the Term B1 Facility, the Term B2 Facility and the Term B3 Facility.
Term B Facilities means, collectively, the U.S. Term B Facility and the Euro Term B Facility. “Term B Lender” means any Lender holding all or a portion of the Term B Facilities.
Term B Facilities means the Term B1 Facility and the Term B2 Facility.
Term B Facilities means, collectively, the Initial Term B Facility and the Other Term B Facilities made hereunder.
Term B Facilities means the Term B Dollar Facility and the Term B Euro Facility. "TERM B FACILITY REPAYMENT DATE" means each of the days which are 90 and 96 Months after the Base Date.
Term B Facilities and “Term B Facility” have the meaning specified in the recitals hereto.
Term B Facilities means the Term B-1 Facility and the Term B-2 Facility.