Term Loan B Facility definition

Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

Term Loan B Facility means the Term Loan B Facility provided hereunder.

Term Loan B Facility as defined in the definition of “Facility”.

Examples of Term Loan B Facility in a sentence

• At all times, use commercially reasonable efforts to maintain a public corporate credit rating from S&P and a public corporate family rating from Xxxxx’x, in each case with respect to Parent, and use commercially reasonable efforts to cause each of Term Loan A Facility and Term Loan B Facility to be continuously rated by S&P and Xxxxx’x (it being understood that, in each case, there shall be no obligation to maintain specific ratings from either S&P or Xxxxx’x).

• For the avoidance of doubt, upon occurrence of the Eighth Amendment Effective Date, the 2024 Refinancing Term B Loans shall constitute Term B Loans and Term Loans and the 2024 Refinancing Term Loan Facility shall constitute Term Loan B Facility and Term Loan Facility, with respect to which the Term Loan B Maturity Date shall apply.

More Definitions of Term Loan B Facility

Term Loan B Facility means the term loan credit facility extended to Borrower pursuant to Subsection 1.1(C).

Term Loan B Facility means, at any time, the aggregate amount of the Term Loan B Lenders’ Term Loan B Commitments at such time.

Term Loan B Facility means that certain Financing Agreement, dated as of October 30, 2015, by and among the Company, as a borrower, Funko Holdings LLC, as a borrower, and Funko, LLC, as a borrower, the guarantors that may become party thereto, the lenders from time to time party thereto, Cerberus Business Finance, LLC, as Collateral Agent, and PNC Bank, National Association, as Administrative Agent, as amended from time to time.

Term Loan B Facility means the facility hereunder pursuant to which the Term Loan B Lenders hereunder will make Term Loan B Loans to Borrower as more particularly described in Article II if and when established pursuant to Section 2.23(b) and subject to possible increase thereafter as provided in Section 2.23(b). As of the Agreement Effective Date Borrower expressly acknowledges and agrees that there are no Term Loan B Commitments and that no Lender is committed to fund any Term Loan B Loan to Borrower.

Term Loan B Facility means the $342 million term loan facility under the Company’s term loan credit agreement dated November 19, 2015, as amended and/or restated from time to time.”; and

Term Loan B Facility means, at any time, a principal amount equal to $2,000,000.

Term Loan B Facility means any or all of the Other Term Loan B Facilities.