Facility B Loans definition

Facility B Loans means, individually and collectively, the Facility B Revolving Loans, the Facility B Swingline Loans and the Facility B Protective Advances.
Facility B Loans means the loans provided for by Section 2.01(b) hereof, which may be Base Rate Loans and/or Eurodollar Loans.
Facility B Loans the "Loans" as defined in the Facility B Credit Agreement.

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).


More Definitions of Facility B Loans

Facility B Loans means, collectively, amounts advanced by the Lenders to the Borrower under the Facility B Commitment, not to exceed the Facility B Commitment.
Facility B Loans as defined in subsection 2.1(b).
Facility B Loans means all of them.
Facility B Loans shall have the meaning given to such term in SECTION 2.1(B).
Facility B Loans means the Loans designated as Facility B Loans under Section 2.01(e).
Facility B Loans and each, a “Facility B Loan”) in an aggregate amount outstanding at any time not to exceed the lesser of $30,000,000.00 or the amount permitted by paragraph (f) of this Section 2.02. In addition, each Facility B Loan shall be in an aggregate amount that is an integral multiple of $500,000.00, and no such Facility B Loan shall be less than the Minimum Loan. Availability under Facility B shall be reduced by the amount outstanding of the sum of any Term Loans. Facility B Loans may, upon request of Lenders, be evidenced by a Revolving Loan Note in the form attached hereto as Exhibit A.
Facility B Loans means the term loans made pursuant to Section 2.01(b).