Benefit1 is not payable under the post-2005 scheme to or in respect of a person by reason of an injury2 sustained by a member3, the worsening of an injury, or death which is caused (wholly or partly) by travel from home4 to place of work5 or during travel back again6 except: (1) where the travel referred to is from the member's home or place of work to the place where an approved activity7 is happening or during travel back again8; (2) the travel referred to is from home or place of work where a member is changing a place
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This Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in syndicated loans in leveraged financings. TLBs are an established feature in the US market and increasingly used in the European lending market for institutional investors.This
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