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 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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Examples of Facility B2 in a sentence

  • The term loan facility comprises of $60.0 million (Facility A1), $20.0 million (Facility A2), $22.5 million (Facility B1) and $7.5 million (Facility B2) with maturity tenure of 36 months for A1 and B1 and 60 months for A2 and B2.

  • Pursuant to the Acquisition Financing Transactions, Dollar Facility B1, Dollar Facility B2 and Dollar Facility B3 became obligations of Ziggo Holdco, with the euro as its functional currency.

  • Upon repayment, the Bridge Facility (including Facility B2) will be cancelled, and the Bridge Facility Agreement will be terminated.

  • Represents amortization of the €24.7 million net premium that is assumed to be recorded in acquisition accounting to reflect Facility B1, Facility B2, Facility B3, the Existing 2020 Senior Secured Notes, and the Existing 2024 Senior Notes at their estimated fair values.

  • The pro forma adjustment to reflect interest expense on Facility B1, Facility B2, Facility B3, and Facility B4 is based on the average actual interest rate of 3.50% for the euro-denominated facilities and 3.25% for the U.S. dollar-denominated facilities as of September 30, 2014.

  • Facility B2 Revolving facility of up to EUR10 million (approximately HK$98 million) provided by Facility B2 Lender to Facility B2 Borrower.

  • 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.

  • Represents the gross proceeds from Facility B2, Facility B3 and Facility B4, net of an original issue discount of 0.25% applicable to the facilities.

  • The new loan arrangement provides for three facilities, including Facility A, Facility B1 and Facility B2 (and collectively, the “Oando Loan”).

  • Interest expense on borrowings under Facility B1, Facility B2, Facility B3, and Facility B4 accrues at floating rates.


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 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 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 invoice discounting facility made available under the Invoice Discounting Agreement as described in Clause 6A.
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Facility B2 means the term loan facility referred to in Clause 2.1(c) (Facilities);
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Facility B2 means the €335.0 million term loan B2 facility established under
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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, with respect to each Facility B Lender, the commitment, if any, of such Lender to make Facility B Revolving Loans and to acquire participations in Facility B Letters of Credit, Facility B Protective Advances and Facility B Swingline Loans, expressed as an amount representing the maximum possible aggregate amount of such Lender’s Facility B Revolving Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09, (b) assignments by or to such Lender pursuant to Section 9.04 and (c) Section 2.22. The initial amount of each Lender’s Facility B Commitment is set forth on the Commitment Schedule, in the Assignment and Assumption pursuant to which such Lender shall have assumed its Facility B Commitment or in the supplement to this Agreement pursuant to which such Lender shall have provided an additional Facility B Commitment in accordance with Section 2.22, as applicable. The initial aggregate amount of the Lenders’ Facility B Commitments is $200,000,000.

  • 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 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.

  • 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.

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

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B 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.

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

  • 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).