Term B-3 Facility definition

Term B-3 Facility means the aggregate principal amount of the Term B-3 Loans of all Term B-3 Lenders outstanding at such time.

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Term B-3 Facility means the Term B-3 Loans and any Incremental Term B-3 Loans or any refinancing thereof.

Term B-3 Facility means the Term B-3 Loan Commitments and the Term B-3 Loans made hereunder.

Examples of Term B-3 Facility in a sentence

Each such prepayment shall be applied ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility, the Term B-4 Facility and the Term C Facility.
Each such prepayment shall be applied (x) with respect to any such prepayment on or prior to [June 30, 2021], ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility and the Term C Facility and (y) with respect to any such prepayment after [June 30, 2021], ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility and the Term C Facility and to the principal repayment installments thereof on a pro rata basis.
As set forth in Section 2.18(b) of the Credit Agreement, optional prepayments of any Term B-3 Loans shall be applied to the remaining installments of the Term B-3 Facility as specified by the Borrower.
Each such prepayment shall be applied (x) with respect to any such prepayment on or prior to June 30, 2021, ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility and the Term C Facility and (y) with respect to any such prepayment after June 30, 2021, ratably to the Term A Facility, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility and the Term C Facility and to the principal repayment installments thereof on a pro rata basis.
The Commitments under the Term B-1 Facility, the Term B-2 Facility and the Term B-3 Facility shall be automatically and permanently reduced to zero on the earlier of (x) the date of the Borrowing under such Term B-1 Facility, Term B-2 Facility or Term B-3 Facility, as applicable, pursuant to Section 2.01 and (y) the date that the Term B-1 Availability Period, Term B-2 Availability Period or the Term B-3 Availability Period, as applicable, shall end.

More Definitions of Term B-3 Facility

Term B-3 Facility means the credit facility for the Term B-3 Loans described in Section 2.1(b) hereof.

Term B-3 Facility means (i) at any time on or prior to the Seventh Amendment Effective Date, the aggregate amount of the Term B-3 Commitment at such time and (ii) at any time after the Seventh Amendment Effective Date, the aggregate amount of the Term B-3 Loans at such time.

Term B-3 Facility means (i) prior to the Amendment No. 10 Closing Date, the credit facility provided by the Term B-3 Lenders on the Amendment No. 9 Closing Date pursuant to Amendment No. 9 and (ii) from and after the Amendment No. 10 Closing Date, the credit facility provided by the Term B-3 Lenders on the Amendment No. 10 Closing Date pursuant to Amendment No. 10.

Term B-3 Facility means, at any time, the aggregate amount of the Term B-3 Lenders’ Term B-3 Advances at such time.

Term B-3 Facility means, at any time, (a) on or prior to the Sixth Amendment Date, the aggregate amount of the Term B-3 Commitments at such time, and (b) thereafter, the aggregate principal amount of the Initial Term B-3 Loans of all Term B-3 Lenders outstanding at such time. The aggregate principal amount of the Term B-3 Facility on the Sixth Amendment Date is $490,800,000.

Term B-3 Facility means, at any time, (a) on or prior to the funding of the Term B-3 Loans, the aggregate amount of the Term B-3 Commitments at such time and (b) thereafter, the aggregate Outstanding Amount of the Term B-3 Loans of all Term B-3 Lenders outstanding at such time. “Term B-3 Lender” means (a) at any time on or prior to the funding of the Term B-3 Loans, any Lender that has a Term B-3 Commitment at such time and (b) at any time after the funding of the Term B-3 Loans, any Lender that holds one or more Term B-3 Loans at such time. “Term B-3 Loan” means an advance made by any Term B-3 Lender under the Term B-3 Facility. “Term B-3 Note” has the meaning set forth in Section 2.09. “Term B-4 Availability Period” means the period from and after the Third Amendment Effective Date to the earliest of (a) December 31, 2019, (b) the date of termination of the Term B-4 Commitments 37 CHAR1\1707916v5