ansi-color-apply-face-function

ansi-color-apply-face-function is a variable defined in `ansi-color.el'.
Its value is

ansi-color-apply-overlay-face

• This variable may be risky if used as a file-local variable.

Documentation:
Function for applying an Ansi Color face to text in a buffer.
This function should accept three arguments: BEG, END, and FACE,
and it should apply face FACE to the text between BEG and END.