Term B Facility definition

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 B Facility means the Term B Loan Commitments and the Term B Loans made hereunder.
Term B Facility means, at any time, the aggregate amount of the Term B Lenders' Term B Commitments at such time.

Examples of Term B Facility in a sentence

  • Each prepayment of the outstanding Term Loans pursuant to this Section 2.05(a) shall be applied to the principal repayment installments thereof as the Borrower may direct (and in the absence of any direction, ratably to the Term A-1 Facility, the Term A-3 Facility and the Term B Facility and in direct order of maturity to the remaining quarterly principal installments thereof).

  • Each prepayment of Term Loans pursuant to clause (i) of the foregoing provisions of this Section 2.05(b) shall be applied ratably to the Term B Facility and each prepayment of Term Loans pursuant to clauses (ii), (iii) and (other than with respect to Permitted Credit Agreement Refinancing Indebtedness) (v) of the foregoing provisions of this Section 2.05(b) shall be applied ratably to each of the Term A Facility and the Term B Facility.


More Definitions of Term B Facility

Term B Facility means the Term B Commitments and the extensions of credit made thereunder.
Term B Facility means, at any time, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time.
Term B Facility means the commitments to make the Term B Loans under the June 2017 Incremental Assumption and Amendment Agreement, the November 2017 Incremental Assumption Agreement and the Term B Loans made hereunder and thereunder.
Term B Facility means the term loan facility provided pursuant to Section 2.01(d).
Term B Facility has the meaning specified in the recitals hereto.
Term B Facility as defined in the definition of “Facility”.
Term B Facility means the credit facility comprising the Term B Facility Commitments and the Term B Facility Loans.