Term B Facility definition

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

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

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

Examples of Term B Facility in a sentence

Amounts borrowed under the Term B Facility on the Amendment No. 16 Effective Date and repaid or prepaid may not be reborrowed.
The Term B Loans made pursuant to the Term B Borrowing under the Amendment No. 16 shall constitute a single Term B Facility.
Each prepayment of the outstanding Term Loans pursuant to this Section 2.05(a) shall be applied to the principal repayment installments thereof as the Company may direct (and, in the absence of any such direction, ratably to the Term A US Facility and the Term B Facility and on a pro rata basis across the remaining quarterly principal installments thereof).
This paragraph shall apply to any Incremental Term Loan in the same manner as it applies to the Term A US Facility and the Term B Facility; provided that any such offer may, at the Company’s option, be made to the Lenders in respect of any tranche or tranches of Incremental Term Loans and/or any Term Facility without being made to any other tranche of Incremental Term Loans or any Term Facility, as the case may be.
After giving effect to all Term B Borrowings, all conversions of Term B Loans from one Type to the other, and all continuations of Term B Loans as the same Type, there shall not be more than 5 Interest Periods in effect in respect of the Term B Facility.

More Definitions of Term B Facility

Term B Facility means, at any time, the aggregate amount of the Term B Lenders' Term B Commitments at such time.

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

Term B Facility means the term loan facility provided pursuant to Section 2.01(d).

Term B Facility as defined in the definition of “Facility”.

Term B Facility has the meaning specified in the recitals hereto.

Term B Facility means the commitments to make the Term B Loans under the June 2017 Incremental Assumption and Amendment Agreement, the November 2017 Incremental Assumption Agreement and the Term B Loans made hereunder and thereunder.

Term B Facility means the Dollar Term B Facility and/or the Euro Term B Facility, as the context requires.