Definition of TLB-1 Facility


TLB-1 Facility means the Term Facility outstanding pursuant to that certain Lender Joinder Agreement, dated as of December 16, 2013, among the Borrower, MDDC, the Administrative Agent and each Lender party thereto.

Examples of TLB-1 Facility in a sentence

The applicable margin for the New Telenet TLB1 Facility is 2.50% per annum over EURIBOR.
The New Telenet TLB1 Facility and the New Telenet TLB2 Facility will each be repaid in three equal installments, the first installment on the date falling sixty-six months after the Signing Date, the second installment on the date falling seventy-two months after the Signing Date and the final installment payable at maturity.
The proceeds of the New Telenet TLA Facility, the New Telenet TLB1 Facility and the first €462.5 million drawn under the New Telenet TLC Facility have been used primarily to (i) redeem in full the outstanding principal and accrued interest of the Telenet Senior Discount Notes, (ii) redeem in full the outstanding principal and accrued interest of the Telenet Senior Notes and (iii) repay in full the amounts outstanding under the 2006 Telenet Credit Facility.