Term B Facility definition

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

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 (i) at any time on or prior to the Closing Date, the aggregate amount of the Term B Commitment at such time and (ii) at any time after the Closing Date, the aggregate amount of the Term B Loans at such time.

Examples of Term B Facility in a sentence

• After the Second Amendment Effective Date, the parties shall treat all of the Term B Facility Loans as one fungible tranche for U.S. federal income tax purposes.

• In connection with each assignment described in the foregoing clause (b)(i), the Replacement Term B Lender shall purchase from each Assigning Consenting Term B Lender all Term B Facility Loans held by such Assigning Consenting Term B Lender by paying to such Assigning Consenting Term B Lender a price equal to the principal amount thereof plus accrued and unpaid interest thereon.

• Each existing Lender holding Term B Facility Loans that does not execute a counterpart to this Agreement in the form attached hereto as Annex I with respect to such Lender’s Term B Facility Loans will be deemed to be a non-consenting Lender (each such Lender in such capacity, a “Non-Consenting Term B Lender”) for purposes of Section 13.04(b) of the Existing Credit Agreement.

More Definitions of Term B Facility

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 the Term B Commitments and the extensions of credit made thereunder.

Term B Facility means, at any time, (a) after the institution of the Term B Facility in accordance with Section 2.14 but prior to the funding of the Term B Loans, 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 the credit facility comprising the Term B Facility Commitments and the Term B Facility Loans.

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.