Facility B1 Loan definition

Facility B1 Loan means a loan made or to be made under Facility B1 or the principal amount outstanding for the time being of that loan.
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Facility B1 Loan means a loan made or to be made under Facility B1 or the principal outstanding for the time being of that loan.
Sample 1
Facility B1 Loan means a loan made or to be made under Facility B1 or the principal amount outstanding for the time being of that loan. "Facility B2" means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities). "Facility B2 Commitment" means:
Sample 1

Examples of Facility B1 Loan in a sentence

  • Such voluntary prepayments of the Facility A Loan, the Facility B1 Loan, the Facility B2 Loan and the Facility B3 Loan shall be applied against the relevant Repayment Instalments in accordance with clause 6.2.4 (Effect of cancellation and prepayment on scheduled repayments).

  • The Borrower may not deliver a Utilisation Request if as a result of the proposed Loan more than 1 Facility B1 Loan and 1 Facility B2 Loan would be outstanding.

  • Period for a Loan shall not extend beyond the Termination Date applicable to its Facility (or, in the case of any Facility B1 Loan which is converted to a term loan under Clause 8 (Conversion of Facility B1), the Final B1 Termination Date).

  • Such mandatory prepayments of the Facility A Loan, the Facility B1 Loan, the Facility B2 Loan and the Facility B3 Loan shall be applied against the relevant Repayment Instalments in accordance with clause 6.2.4 (Effect of cancellation and prepayment on scheduled repayments), provided however that any prepayment made in respect of any Acquisition Adjustment Proceeds shall first be applied towards prepayment pro rata of the relevant Repayment Instalments payable on the first Repayment Date.

  • The following steps have been taken since the announced offer on January 27, 2014: n The €225 million Revolving Credit Facility and the €150 million Facility A Loan have been refinanced through senior debt Facility B1 Loan on February 26, 2014.

  • The Borrower shall repay each Facility B1 Loan on the last day of its Interest Period.

  • The remainder is still outstanding; n The 2017 6.125% €750 million Senior Notes have been refinanced through senior debt Facility B1 Loan on March 4, 2014; n Regarding the 2018 8.000% €1,208.9 million Senior Unsecured Notes, the Company has commenced an offer to exchange up to €934 million aggregate principal amount.

  • The Borrower to which a Facility B1 Loan has been made may, if it gives the Agent not less than 5 Business Days' (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of a Facility B1 Loan (but if in part, being an amount that reduces the Base Currency Amount of the Facility B1 Loan by a minimum amount of (pound)500,000 and an integral multiple of (pound)250,000).

  • The Facility B1 Loan has an interest rate of Euribor +275 bps; n The 2020 3.625% €750 million Senior Secured Notes have been tendered for €678 million and the tendered notes have been redeemed through a new senior debt Facility B2 Loan (Euribor +275 bps) on February 27, 2014.

Related to Facility B1 Loan

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Term Loan has the meaning specified in Section 2.01(b).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Term B Facility means the Term B Loan Commitments and the Term B Loans made hereunder.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.