Term Facility B definition

Term Facility B means the portion of the Credit previously available under this Credit Agreement which was repaid in full by the Borrower concurrently with any Advances hereunder on and after the Sixth Amendment Closing Date;
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Term Facility B means a term facility made available under this Agreement as described in Clause 2.1(b).
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Term Facility B means the $18.56 million facility made available pursuant to the Senior Term Facility Agreement, as amended by the Thirteenth Amending Agreement, the Fourteenth Amending Agreement, and the Fifteenth Amending Agreement;
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Examples of Term Facility B in a sentence

  • As of 24 October 2016, 8.0 billion USD remained outstanding under the Term Facility B.

  • Accommodations under Term Facility B may be made available as Libor Advances or as US Prime Rate Advances.

  • All unpaid amounts of principal and interest shall be due and payable in full on the Term Facility B Maturity Date.

  • On 4 April 2016, AB InBev announced that it had chosen to make an additional voluntary cancellation of the remaining12.5 billion US dollar of the Term Facility A.On 6 October 2016, the company drew down 8.0 billion US dollar under the Term Facility B and 10.0 billion US dollar under the Disposal Bridge Facility to finance the acquisition of SABMiller and announced that it had chosen to make an additional voluntary cancellation of 2.0 billion US dollar of the Term Facility B.

  • On 6 October 2016, the company drew down 8.0 billion USD under Term Facility B and 10.0 billion USD under the Disposal Bridge Facility to finance the combination with SABMiller, and announced that it had also chosen to voluntarily cancel 2.0 billion USD of Term Facility B.

  • Term Facility B of $40.0 million which was available to the Group until April 2022, and which was fully drawn down in October 2021, was repaid in full in March 2022.

  • The shop contains a tool crib, oil and lubricant bulk storage, ten offices, locker rooms, training room and warehouse.

  • Maintenance on a rolling four quarter basis of a Maximum Total Leverage Ratio (Total Funded Debt/EBITDA) of 3.50x on the Term Facility B Closing Date, with step-downs to be agreed upon.

  • The Accommodations Outstanding (a) to all Term Lenders under Term Facility B shall not at any time exceed the Term Credit Commitment; and (b) to each Term Lender under Term Facility B shall not at any time exceed such Lender's Term Credit Commitment.

  • TO TERM FACILITY B Each Borrower shall ensure that no amount is outstanding on the Term Facility B Repayment Date in relation to a Utilisation in the form of the issuance of the Letter of Credit and shall ensure that the original Letter of Credit is returned to the Facility Agent, or else provide sufficient Cash Collateral to the Facility Agent to cover such Borrower's payment obligations thereunder in full.


More Definitions of Term Facility B

Term Facility B means the term facility in the amount of the Term Facility B Amount made available by the Original Lender to the Borrower pursuant to clause 5 (The Term Facility B);
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Term Facility B means the portion of the Credit previously available under this Credit Agreement which will have been repaid in full by the Borrower concurrently with any Advances hereunder on and after the Sixth Amendment Closing Date;
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Term Facility B means the term loan facility B made available under this agreement as described in clause 2.1.3 (The Facilities).
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Term Facility B means the term credit facility in an amount of US$230,000,000 made available to the Borrower in accordance with Article 2.
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Term Facility B means the term loan facility being extended pursuant to this Agreement, in the original principal amount of Thirty Million and No/100 Dollars ($30,000,000.00).
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Related to Term Facility B

  • 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.

  • Term Facility Commitment means the commitment of a Term Lender to make Term Loans, including Initial Term Loans and/or Other Term Loans.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • 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.

  • 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

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

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

  • Term Facilities means the Term A Facility and the Term B Facility.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • 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.

  • Total Facility B Commitments means the aggregate of the Facility B Commitments, being €30,000,000 at the date of this Agreement.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Facility B Commitment means a Facility B1 Commitment or a Facility B2 Commitment.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term Loan has the meaning specified in Section 2.01(b).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term A Loans has the meaning specified in Section 2.01(b).