Facility B2 definition

Facility B2 means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).
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Facility B2 means the euro term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities). “Facility B2 Commitment” means:
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Facility B2 means the invoice discounting facility made available under the Invoice Discounting Agreement as described in Clause 6A.
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Examples of Facility B2 in a sentence

  • The Borrower may not reborrow any part of Euro Term Facility A1, Euro Term Facility A2, Euro Term Facility A3, HUF Term Facility B1 or HUF Term Facility B2 which is repaid.

  • SECOND SCHEDULEAmendments to the Standard Commercial Property Conditions (2ndEdition) 1.

  • The MBIE MRTE survey of domestic andinternational visitor spend by region; and the Statistics IVS of total international visitor expenditure.

  • In accordance with the terms of the amendment, €1,913 million of principal was redesignated as Facility B2 borrowings, with a maturity date of 30 September 2019, which constituted an extension of the maturity date by two years.

  • 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).

  • Accommodations under the Facility B-1 Tranche may be made available (i) as US Prime Rate Advances pursuant to Article 3 or (ii) as Libor Advances pursuant to Article 3 and, under the Facility B-2 Tranche, (i) as Prime Rate Advances pursuant to Article 3 or (ii) as Bankers’ Acceptances pursuant to Article 4.

  • 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.

  • Any reduction in respect of Facility B shall be made on a pro rata basis between Facility B-1 and Facility B-2.

  • A Lender may, if it gives the Agent not less than 5 Business Days’ prior notice, elect to waive all or a specified part of its share of that prepayment of Facility B2 if the amount waived can be applied to prepay Facility A Loans and Facility B1 Loans.

  • The amended Facility B2 borrowings are subject to cash-pay interest at Euribor plus 4.5% margin, and are not subject to PIK interest.


More Definitions of Facility B2

Facility B2 means the USD term loan facility made or to be made available under this Agreement as described in Clause 2.1(c) (The Facilities).
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Facility B2 and "Facility B3" and that such facilities correspond to Facility A, Facility B1, Facility B2 and Facility B3, respectively, of this Agreement. At the request of the Borrower, the Parties have agreed that the interest periods and interest rates applicable on the date of the first Utilisation Date to the Facilities (as defined in the Existing Facilities Agreement) of the Existing HSH Debt shall apply to their "corresponding" Facility A Loan and Facility B Loans (as the case may be) as from the first Utilisation Date, and the Interest Periods in respect of each such Loan shall be determined accordingly. At the end of such Interest Periods, the normal interest rate fixing provisions of this Agreement shall apply to such Loans.
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Facility B2 means the €335.0 million term loan B2 facility established under
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Facility B2 means the facility made available under the VAT Facility Agreement, designated therein as "Facility B2" and referred to in Subclause 2.4 (Facility B2). Facility B2 Loan means a Loan made available under Facility B2.
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Facility B2 means the euro term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).
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Facility B2 means the term loan facility referred to in Clause 2.1(c) (Facilities);
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Related to Facility B2

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

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

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

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

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

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

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • 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.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • 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 Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

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

  • Term Facility Commitment means the commitment of a Term Lender to make Term Loans, including Initial Term Loans and/or Other Term Loans.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Facility Limit means, $175,000,000, as reduced or increased from time to time pursuant to the terms hereof. References to the unused portion of the Facility Limit shall mean, at any time of determination, an amount equal to (x) the Facility Limit at such time, minus (y) the Aggregate Capital at such time.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • 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

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).