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 the "Loans" as defined in the Facility B Credit Agreement.

Facility B Loans means, collectively, the amounts advanced by the Lenders holding a Facility B Commitment to the Borrowers under the Facility B Commitment and which are evidenced by the Facility B Notes.

Examples of Facility B Loans in a sentence

• Each such notice must be received by the Agent no later than 11:00 a.m. (London time) three (3) Business Days prior to the requested date of any borrowing of Revolving Facility B Loans denominated in the Base Currency.

• Each Borrower must repay the Facility B Loans in full on the Final Maturity Date for Facility B.

• A Canadian Borrower may only borrow a Facility B Loan or Facility B Loans pursuant to this Agreement and that Facility B Loan or Facility B Loans must be (i) drawn on the date of the first Utilisation under the Term Facilities; and (ii) denominated in the Base Currency.

• In the event that such Net Available Proceeds exceed the outstanding amount of the Facility C Loans, such excess shall be applied to the prepayment of the Facility B Loans in accordance with the terms of the Existing Credit Agreement.

• A Borrower (or the Company on its behalf) may not deliver a Utilisation Request if as a result of the proposed Utilisation the aggregate number of outstanding Facility A Loans and Facility B Loans would exceed ten (10).

More Definitions of Facility B Loans

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 as defined in subsection 2.1(b).

Facility B Loans means Loans made pursuant to Section 2.01(b) hereof.

Facility B Loans means all of them.

Facility B Loans shall have the meaning assigned to such term in Section 2.2.

Facility B Loans means the term loans made pursuant to Section 2.01(b).

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.