B5 Facility definition
Examples of B5 Facility in a sentence
Evidence that the agreed fees payable by the Company in connection with the utilisation of the B5 Facility and B6 Facility have been or will be paid.
The guarantees and indemnities provided by any member of the Baseball Group hereunder shall not extend to any sums payable under any of the Finance Documents relating to the B5 Facility or B6 Facility or any sums emanating therefrom to the extent that to do so would require the relevant member(s) of the Baseball Group to comply with the provisions of Sections 151 to 158 of the Act with respect to such B5 Facility and B6 Facility.
The Administrative Agent shall, as soon as reasonably practicable, notify the Original Co-Borrower and the Additional Term B-5 Facility Lenders once it has received all of the documents and evidence set out on Schedule 3 to this Joinder Agreement in form and substance satisfactory to the Administrative Agent (acting reasonably, on the instructions of the Additional Term B-5 Facility Lenders).
The proceeds of the Term B-5 Loans shall be used for any purpose not otherwise prohibited under the Amended Credit Agreement, including, without limitation, to finance general corporate and/or working capital purposes, the redemption, refinancing, repayment or prepayment of existing indebtedness of the Restricted Group (including prepayment of outstanding Term B-4 Loans), and any fees and expenses in connection with this Joinder Agreement, the Term B-5 Facility or other transactions related thereto.
Amounts borrowed under the Term B-5 Facility and repaid or prepaid may not be reborrowed.
The Eurocurrency Rate with respect to Eurocurrency Rate Loans under the Term B-5 Facility shall not be less than 0.00% per annum.
Following any such increase, references to Additional Term B-5 Facility Lenders and Term B-5 Loans shall include Lenders and Loans made under any such Additional Facility Joinder Agreement or Increase Confirmation.