Term Facility B definition

Term Facility B means the portion of the Credit previously available under this Credit Agreement which was repaid in full by the Borrower concurrently with any Advances hereunder on and after the Sixth Amendment Closing Date;
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Term Facility B means the $18.56 million facility made available pursuant to the Senior Term Facility Agreement, as amended by the Thirteenth Amending Agreement, the Fourteenth Amending Agreement, and the Fifteenth Amending Agreement;
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Term Facility B means a term facility made available under this Agreement as described in Clause 2.1(b).
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Examples of Term Facility B in a sentence

  • As of 24 October 2016, 8.0 billion USD remained outstanding under the Term Facility B.

  • The maximum tenor for Term Facility B is determined by reference to the date of the 2015 Senior Facilities Agreement and will not be affected by an extension of the availability period.

  • Term Facility B of $40.0 million which was available to the Group until April 2022, and which was fully drawn down in October 2021, was repaid in full in March 2022.

  • Any combination of three Missed Tests and/or Filing Failures within an eighteen-month period as determined by the IAAF and/or other Anti-Doping Organisations with jurisdiction over the Athlete shall constitute an anti-doping rule violation.

  • For the Term Facility B USD facility maturing in 2018, Libor has a floor of 1%, i.e. the base rate is the higher of Libor or 1%.

  • For Term Facility B, the margin ranges between 1.00% per annum and 1.45% per annum.

  • Any vacancy occurring in the Board, including by reason of an increase in the number of Directors, may be filled by the affirmative vote of a majority of Directors then in office, although less than a quorum; provided, however, that prior to the Date of Consolidation, the vacancy of a seat designated for appointment by the Board among individuals nominated by NCATE or TEAC may only be filled by an individual nominated by NCATE or TEAC, respectively.

  • The new financing consisted of a 10.0 billion US dollar Disposal Bridge Facility, a 15.0 billion US dollar Cash/DCM Bridge Facility A, a 15.0 billion US dollar Cash/DCM Bridge Facility B, a 25.0 billion US dollar Term Facility A, and a 10.0 billion US dollar Term Facility B, (“2015 Senior Facilities Agreement”).On 27 January 2016, AB InBev announced that it had cancelled 42.5 billion US dollar of the 75.0 billion US dollar Committed Senior Acquisition Facilities.

  • Accommodations under Term Facility B may be made available as Libor Advances or as US Prime Rate Advances.

  • All unpaid amounts of principal and interest shall be due and payable in full on the Term Facility B Maturity Date.


More Definitions of Term Facility B

Term Facility B means the term loan facility being extended pursuant to this Agreement, in the original principal amount of Thirty Million and No/100 Dollars ($30,000,000.00).
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Term Facility B means the term credit facility in an amount of US$230,000,000 made available to the Borrower in accordance with Article 2.
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Term Facility B means the term loan facility B made available under this agreement as described in clause 2.1.3 (The Facilities).
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Term Facility B means the term facility in the amount of the Term Facility B Amount made available by the Original Lender to the Borrower pursuant to clause 5 (The Term Facility B);
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Related to Term Facility B

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

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

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

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Effective Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • 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 Facilities means, at any time, the Term A Facility and the Term B Facility.

  • 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.

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

  • 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.

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

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

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

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

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term Loan as defined in Section 2.1.

  • 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.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • 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.