Available Facility B definition

Available Facility B means, in relation to the Facility B, the aggregate for the time being of each Lender’s Available Commitment in respect of the Facility B.
Sample 1Sample 2Sample 3
Available Facility B means the aggregate amount of the Facility B Commitments less any Facility B Outstandings, and adjusted to take account of:
Sample 1Sample 2
Available Facility B means the aggregate amount for the time being of each Lender's Available Commitment B not exceeding Rs 350 crores in the aggregate of all the Lenders.
Sample 1

Examples of Available Facility B in a sentence

  • If the conditions in (i) and (ii) above would not be satisfied, the Borrower shall, at the same time as the cancellation of the Available Facility B takes effect, cancel the Dollar Swingline Commitments and/or Euro Swingline Commitments to the extent necessary to ensure satisfaction of those conditions.

  • The Lenders having Facility B Commitments agree, severally in accordance with their respective Facility B Commitment Ratios and not jointly, upon the terms and subject to the conditions of this Agreement, to lend and relend to the Borrower, prior to the Facility B Conversion Date, amounts which in the aggregate at any one time outstanding do not exceed the Available Facility B Commitment (as it may be reduced from time to time pursuant to the terms hereof).

  • For the period from and including the date hereof to but not including the Facility B Termination Date, the Company shall pay to the Agent for the account of the Lenders a facility fee at the rate of one-eighth of one percent (1/8 of 1%) per annum (computed on the basis of a year of 360 days for the actual number of days elapsed) on the Facility B Commitments to the extent the same have not become Available Facility B Commitments.

  • For purposes of this Agreement, where a determination of the unused or available amount of the Facility B Commitments is necessary, the Facility B Loans shall be deemed to utilize the Available Facility B Commitments.

  • A commitment fee will accrue on the aggregate of the Available Facility A Commitments and the Available Facility B Commitments of each Lender.

  • Except to the extent Section 2 requires otherwise for LIBOR Portions, each Facility B Loan shall be in a minimum amount of $1,000,000 or such greater amount which is an integral multiple of $1,000,000; and each Facility B Loan shall be made pro rata by the Lenders in accordance with the amounts of their Available Facility B Commitments.

  • The obligations of the Lenders hereunder are several and not joint, and no Lender shall under any circumstances be obligated to extend credit under the Facility B Credit in excess of its Available Facility B Commitment.

  • During the period from and including the Facility B Activation Date to but not including the Facility B Termination Date, the Company may use the Available Facility B Commitments by borrowing, repaying and reborrowing from time to time Facility B Loans in whole or in part, all in accordance with the terms and conditions of this Agreement.

  • The Borrowers' Agent may, if it gives the Facility Agent not less than 2 Business Days' prior notice, cancel the whole or any part (being a minimum amount of US$50,000,000 and an integral multiple of US$10,000,000) of the Available Facility A or the Available Facility B.

  • For the period from and including the Facility B Activation Date to but not including the Facility B Termination Date, the Company shall pay to the Agent for the account of the Lenders a commitment fee at the rate of one-eighth of one percent (1/8 of 1%) per annum (computed on the basis of a year of 360 days for the actual number of days elapsed) on the daily unused portion of the Available Facility B Commitments.


More Definitions of Available Facility B

Available Facility B means the aggregate for the time being of each Lender's Available Facility B Commitment.
Sample 1

Related to Available Facility B

  • Available Facility means the aggregate for the time being of each Lender’s Available Commitment.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

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

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Eligible facility means any hospital, skilled nursing facility, intermediate care facility, or basic care facility licensed by the state department of health, or any assisted living facility licensed by the department of human services; and

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

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

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances 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.

  • Available Commitment means a Lender’s Commitment minus:

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Available Commitments shall refer to the aggregate of the Lenders’ Available Commitments hereunder.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d).

  • Replaced Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • 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.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

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

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

  • Available Revolving Commitment as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero.