Term B Facilities definition

Term B Facilities means, collectively, the Term B-1 Facility, the Term B-2 Facility, the Term B-3 Facility, the Term B-4 Facility and the Term B-5 Facility.”;
Term B Facilities means the Term B Loans and any Incremental Term B Loans or any refinancing thereof.
Term B Facilities means, collectively, the U.S. Term B Facility and the Euro Term B Facility.

Examples of Term B Facilities in a sentence

  • Notwithstanding anything to the contrary, this paragraph (b) shall not prohibit any Lender from assigning all or a portion of its rights and obligations among separate Facilities other than Term B Facilities on a non-pro rata basis.

  • The Borrower will use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from ▇▇▇▇▇’▇, in each case in respect of the Borrower, and (ii) a public rating (but not any specific rating) in respect of each of the Term B Facilities from each of S&P and ▇▇▇▇▇’▇.

  • The Borrower will use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from M▇▇▇▇’▇, in each case in respect of the Borrower, and (ii) a public rating (but not any specific rating) in respect of each of the Term B Facilities from each of S&P and M▇▇▇▇’▇.

  • Each such prepayment shall be applied first ratably to each of the Term B Facilities on a pro rata basis and to the remaining installments of each Term B Facility on a pro rata basis and second to the Revolving Credit Facility as set forth in clause (v) below.

  • Borrowings of more than one Type and under more than one Facility may be outstanding at the same time; provided, that there shall not at any time be more than a total of (i) ten Eurocurrency Borrowings outstanding under the Term B Facility, (ii) ten Eurocurrency Borrowings outstanding under Incremental Term Facilities that are not Term B Facilities and (iii) ten Eurocurrency Borrowings outstanding under the Revolving Facility.


More Definitions of Term B Facilities

Term B Facilities means, collectively, the Initial Term B Facility and the Other Term B Facilities made hereunder.
Term B Facilities means, collectively, the U.S. Term B Facility and the Euro Term B Facility. “Term B Lender” means any Lender holding all or a portion of the Term B Facilities.
Term B Facilities means the Term B-1 Facility and the Term B-2 Facility.
Term B Facilities means the Term B1 Facility and the Term B2 Facility.
Term B Facilities and “Term B Facility” have the meaning specified in the recitals hereto.
Term B Facilities means the Term B Dollar Facility and the Term B Euro Facility. "TERM B FACILITY REPAYMENT DATE" means each of the days which are 90 and 96 Months after the Base Date.
Term B Facilities means the Term B1 Facility and the Term B2 Facility.