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.

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

Facility B Loans means, collectively, the amounts advanced by the Lenders to the Borrower under the Facility B Commitment, not to exceed the amount of the Facility B Commitment, and 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.

• 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.

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

• In the case of all Dispositions of Property other than those referred to in this paragraph (b), the Company will make (or cause to be made) prepayments of the Facility A Loans and the Facility B Loans as required by the Existing Credit Agreement.

• 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.

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 all of them.

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

Facility B Loans is defined in clause (c) of Section 2.1. ---------------- ---------- -----------

Facility B Loans. (as defined in the Existing Credit Agreement) held by the Existing Lenders under the Existing Credit Agreement shall automatically, and without any action on the part of any Person, be deemed to be Facility B Loans hereunder, (ii) the New Lenders shall be Facility B Lenders and parties hereto, and (iii) the Facility B Lenders shall take such steps, which may include the making of assignments and Facility B Loans and other adjustments among the Facility B Lenders, as shall be necessary and as the Agent shall reasonably direct so that after giving effect to such assignments and adjustments, the Facility B Lenders shall hold Facility B Loans hereunder ratably in accordance with their respective Facility B Commitments. On the Effective Date all Interest Periods under the Existing Credit Agreement in respect of the "Facility B Loans" under and as defined in the Existing Credit Agreement shall automatically be terminated (and the Company shall on the Effective Date make payments to the Existing Lenders that held such "Facility B Loans" under Section 5.05 thereof to compensate for such termination as if such termination were a payment or prepayment referred to in said Section 5.05), and, subject to the provisions of paragraph (c) below, the Company shall be permitted to Continue such "Facility B Loans" as Eurodollar Loans hereunder, or to convert such "Facility B Loans" into Base Rate Loans hereunder.

Facility B Loans has the meaning give to such term in Section 2.1(b).