Term B Facility definition

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

Examples of Term B Facility in a sentence

  • The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Term A Facility, the Term B Facility, the Letter of Credit Sublimit, the Swing Line Sublimit or the Revolving Credit Facility under this Section 2.06.

  • After giving effect to all Term B Borrowings, all conversions of Term B Loans from one Type to the other, and all continuations of Term B Loans as the same Type, there shall not be more than six Interest Periods in effect in respect of the Term B Facility.

  • Upon any such reduction, the Term A Facility, the Term B Facility or the Revolving Credit Facility, the Term A Commitment, the Term B Commitment or the Revolving Credit Commitment, as the case may be, of each Lender, shall be reduced by such Lender’s Applicable Percentage in respect of the applicable Facility of such reduction amount.


More Definitions of Term B Facility

Term B Facility means, at any time, the aggregate amount of the Term B Lenders' Term B Commitments at such time.
Term B Facility means, at any time, the aggregate amount of the Term B LendersTerm B Commitments at such time.
Term B Facility means the term loan facility provided pursuant to Section 2.01(d).
Term B Facility as defined in the definition of “Facility”.
Term B Facility has the meaning specified in the recitals hereto.
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 Dollar Term B Facility and/or the Euro Term B Facility, as the context requires.