Examples of B4 Facility in a sentence
Subject to the provisions of Clause 37.3 (Assignments or Transfers by Lenders), the Facility Agent may on not less than 2 Business Days prior notice, require the Company to (and the Company shall promptly thereafter) transfer by way of novation and in form satisfactory to the Facility Agent, some or all of its obligations under the B4 Facility to the US Borrower, whereupon such US Borrower shall become the primary obligor in respect of such obligations as if it had been the original Borrower thereof.
Each such prepayment shall be applied ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility, the Term B-4 Facility and the Term C Facility.
The guarantees and indemnities provided by any member of the Telewest Group hereunder shall not extend to any sums payable under any of the Finance Documents relating to the B2 Facility, B3 Facility, B4 Facility, B8 Facility, B9 Facility or B10 Facility or any sums emanating therefrom, except to the extent that such members of the Telewest Group have complied with paragraph (d) of Clause 3.3 (Vanilla Conditions Subsequent).
The guarantees and indemnities provided by any member of the Telewest Group hereunder shall not extend to any sums payable under any of the Finance Documents relating to the B2 Facility, B3 Facility and B4 Facility or any sums emanating therefrom, until the relevant member(s) of the Telewest Group have complied with the provisions of Sections 151 to 158 of the Act with respect to such B2 Facility, B3 Facility and B4 Facility.
Class Term B-4 Facility Constitutes Same Class With None Nexstar Media Inc.
LevelConsolidated First Lien Net Leverage RatioEurodollar Rate LoansBase Rate Loans1Less than 2.50:1.002.50%1.50%2Greater than or equal to 2.50:1.002.75%1.75% Rate Floor Base Rate: 0% Eurodollar Rate: 0% Amortization Commencing on the first Business Day after December 31, 2019 and continuing on the first Business Day after the end of each March, June, September and December thereafter, an aggregate principal amount equal to 0.25% of the aggregate principal amount of Nexstar Term B-4 Facility.
No Borrower may reborrow any part of any US$ B4 Facility Advance or EUR B4 which is repaid.
Level Consolidated First Lien Net Leverage Ratio Eurodollar Rate Loans Base Rate Loans 1 Less than 2.50:1.00 2.50% 1.50% 2 Greater than or equal to 2.50:1.00 2.75% 1.75% Rate Floor Base Rate: 0% Eurodollar Rate: 0% Amortization Commencing on the first Business Day after December 31, 2019 and continuing on the first Business Day after the end of each March, June, September and December thereafter, an aggregate principal amount equal to 0.25% of the aggregate principal amount of Nexstar Term B-4 Facility.
Borrower or the Original Borrower shall pay to the Additional Term B-4 Facility Lenders the fees set forth in the Additional Term B-4 Facility Fee Letter.
Principal Amount Assigned of the Term B-4 Facility $_______ Principal Amount Assigned of the Extended Maturity Term B Facility $_______ [Name of Assignor] Caesars Entertainment Operating Company, Inc.