Tranche B-1 Facility definition
Examples of Tranche B-1 Facility in a sentence
The Tranche B-1 Facility Fee shall be in addition to (and not in lieu of) any other fees due and payable to the Tranche B-1 Lenders on the Tranche B-1 Facility Fee Payment Date.
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) 10 Eurocurrency Borrowings outstanding under each of the Tranche A-1 Facility and the Tranche B-1 Facility and (ii) 35 Eurocurrency Borrowings outstanding under each of the Global Revolving Facility and the U.S. Revolving Facility (not including Ancillary Replacement Borrowings).
If any Lender under the Tranche B-1 Facility elects not to have a mandatory prepayment applied to its Loans pursuant to this paragraph (h), then, notwithstanding anything to the contrary in this Agreement, the portion of such mandatory prepayment accepted by Lenders under the Tranche B-1 Facility (such Lenders, the “Accepting Lenders”) shall be applied ratably among all Borrowings of Tranche B-1 Term Loans held by Accepting Lenders.
Unless agreed upon by the Facility Agent or all of the remaining amount applied for the Drawdown, each Drawdown for Tranche B-1 Facility Amount by the Borrower shall not be less than NT$300 million (NT$300,000,000), and the exceeded part shall be in integral multiples of NT$100 million (NT$100,000,000); and each Drawdown for Tranche B-2 Facility Amount by the Borrower shall not be less than US$5 million (US$5,000,000), and the exceeded part shall be in integral multiples of US$1 million (US$1,000,000).
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) 10 Eurocurrency Borrowings outstanding under each of the Tranche A Facility, the Tranche B-1 Facility and the Tranche B-2 Facility and (ii) 35 Eurocurrency Borrowings outstanding under each of the Global Revolving Facility and the U.S. Revolving Facility (not including Ancillary Replacement Borrowings).
If any Lender under the Tranche B-1 Facility elects not to have a mandatory prepayment applied to its Loans pursuant to this paragraph (h), then, notwithstanding anything to the contrary in this Agreement, the portion of such mandatory prepayment accepted by Lenders under the Tranche B-1 Facility (such Lenders, the “Tranche B-1 Accepting Lenders”) shall be applied ratably among all Borrowings of Tranche B-1 Term Loans held by Tranche B-1 Accepting Lenders.
All amounts owed under the Tranche B Term Facility and the Tranche B-1 Facility (as such terms are defined in the Existing Credit Agreement) shall have been paid in full, all Tranche B-1 Credit Linked Deposit Amounts (as defined in the Existing Credit Agreement) shall have been returned to the applicable Lenders or Exiting Lenders and the Tranche B-1 Facility shall be refinanced in full.
The sole funding obligation of each Tranche B-1 Lender in respect of the Tranche B-1 Facility shall be satisfied upon the funding of its Tranche B-1 Credit Linked Deposit Amount.
Each Incremental Facility shall be entitled to share in the Collateral and guarantees on a pari passu basis with the other Facilities and shall be entitled to share in mandatory prepayments on a basis comparable with the Tranche B Term Facility or the Tranche B-1 Facility, as determined by the Borrower and the Administrative Agent.
Each Incremental Facility shall be entitled to share in the Collateral and guarantees on a pari passu basis with the other Facilities and shall be entitled to share in mandatory prepayments on a basis comparable with the Tranche A Term Facility or the Tranche B-1 Facility, as determined by the Borrower and the Administrative Agent.