B Facility Lender definition
Examples of B Facility Lender in a sentence
The Successor Administrative Agent has notified each Converting Lender and each Initial Term B Facility Lender of its allocated Initial Scheduled Term B Loan Commitment, and each of the Fronting Term B Lender and the Converting Lenders has provided its consent to the terms set forth in this agreement to each of the Original Administrative Agent and the Successor Administrative Agent.
In the event such notification is made, the amount which would have been applied in prepaying such B Facility Lender or B1 Facility Lender shall instead be applied in prepayment to the Lenders of the A Facility, the A1 Facility and the A2 Facility, any accepting B Facility Lenders, any accepting B1 Facility Lenders and (unless otherwise specified with respect to any Additional Facility in the applicable Additional Facility Accession Deed) any Additional Facility Lenders, as applicable, on a pro rata basis.
For the avoidance of doubt any amount to be applied in accordance with this paragraph shall only apply to such portion (if any) of the B Facility Outstandings which such B Facility Lender has not waived.
The Increased Term B Loan Commitment of each Increased Term B Facility Lender is in addition to such Increased Term B Facility Lender’s existing Loans and Commitments under the Amended Credit Agreement, if any (which shall continue under and be subject in all respects to the Amended Credit Agreement), and, immediately after giving effect to the amendments contemplated hereby, will be subject in all respects to the terms of the Amended Credit Agreement (and, in each case, the other Loan Documents).
In the event such notification is made, the amount which would have been applied in prepaying such B Facility Lender shall instead be applied in prepayment to the Lenders of the A Facility, any accepting B Facility Lenders and (unless otherwise specified with respect to any Additional Facility in the applicable Additional Facility Accession Deed) any Additional Facility Lenders, as applicable, on a pro rata basis.
Each Increased Term B Facility Lender has delivered herewith to the Borrower and the Administrative Agent such forms, certificates or other evidence with respect to United States federal income tax withholding matters as such Increased Term B Facility Lender may be required to deliver to the Borrower and the Administrative Agent pursuant to Section 3.01 of the Amended Credit Agreement.
In the event of such notification, the amount which would have been applied in prepaying such B Facility Lender or C Facility Lender shall instead be applied in prepayment to the Lenders of the A Facility (in the case of any repayments foregone by a B Facility Lender) or the B Facility (in the case of any repayments foregone by a C Facility Lender).
The B Facility Lender hereby agrees with each other person who is or becomes party to the HYD Intercreditor Agreement in accordance with the terms thereof that with effect on and from the date hereof, it will be bound by the HYD Intercreditor Agreement as a Senior Finance Party and as a Senior Lender as if it had been an original party thereto in such capacity.
Each Term B Facility Lender severally agrees, on the terms and conditions of this Agreement, to make a term loan ("TERM B FACILITY Loans") to Borrower in Dollars in a single draw on the Closing Date in an aggregate principal amount equal to the Term B Facility Commitment of such Lender.
Each Term B Facility Lender severally agrees, on the terms and conditions of this Agreement, to make a term loan ("Term B Facility Loans") to Borrower in Dollars on the Closing Date in an aggregate principal amount equal to the Term B Facility Commitment of such Lender.