Examples of Facility B Loans in a sentence
Facility B Loans must be repaid at the end of each interest period.
It is very important that the first option be adopted otherwise the issue referred to at Clause 7.2 (Repayment of Facility B Loans) will arise.
Facility B (USD): amortising, as per paragraph (b) of Clause 12.1 (Repayment of Facility B Loans) of the Precedent Senior Facilities Agreement.
The Company shall ensure that, as at the last day of each Measurement Period, the ratio of Unencumbered Real Property Asset Value to the aggregate principal amount of any Facility B Loans outstanding at that time is equal to or greater than 2.00 to 1.
The Original Senior Lender has retained the Facility B Loans advanced by the Original Senior Lender to the Senior Borrowers under Facility B of the Senior Facility Agreement (together the Senior Retained Loan).