Second Lien Credit Facility means the second lien loan facility consisting of term loans made to the Borrower.

Second Lien Credit Facility means the credit agreement entered into as of July 1, 2015, by and among the New Parent, the subsidiary borrowers party thereto (including, upon consummation of the Acquisition, the Company and its subsidiaries), the lenders party thereto in their capacities as lenders thereunder and the Second Lien Collateral Agent, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof.

Second Lien Credit Facility means the term loan facility provided for under the Second Lien Credit Agreement.

Examples of Second Lien Credit Facility in a sentence

All distributions of the New Second Lien Credit Facility to the holders of Allowed DIP Term Facility Claims under the Plan shall be made by the Disbursing Agent on behalf of the Reorganized Debtors.
To address these concerns, Yucaipa advised the board it would be willing to acquire certain of the debt outstanding under the First Lien Credit Facility and the Second Lien Credit Facility and to contribute that debt to Allied’s capital.
The Second Lien Credit Facility is evidenced by the to the “Second Lien Secured Super-Priority Debtor in Possession and Exit Credit and Guaranty Agreement,” dated as of May 15, 2007, between Allied Holdings Inc.
A committed source to cover operating reserves from an un-affiliated 3rd third party which fully offsets the development budget expense for operating reserve shall not require a waiver.Evidence of site control.Evidence of zoning approval.Qualified development team in place, including architect, general contractor and management agent.
Distributions under the Plan shall be made with: (1) Cash on hand, including Cash from operations; (2) the New Common Stock; (3) the New First Lien Credit Facility (4) the New Second Lien Credit Facility; (5) the Rights; (6) the proceeds from the Rights Offering; and (7) interests in the Litigation Trust, as applicable.

More Definitions of Second Lien Credit Facility

Second Lien Credit Facility means the credit agreement entered into as of July 1, 2015, by and among the New Parent, the subsidiary borrowers party thereto (including, upon consummation of the Acquisition, the Company and its subsidiaries), the lenders party thereto in their capacities as lenders thereunder and the Second Lien Collateral Agent, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the Sixth Supplemental Indenture loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof.

Second Lien Credit Facility means the “Credit Facility” under and as defined in the Second Lien Credit Agreement as of the date hereof and any similar term in the Second Lien Credit Agreement as the Second Lien Credit Agreement may be amended, restated, amended and restated, supplemented, waived or otherwise modified from time to time.

Second Lien Credit Facility means the term loan credit agreement providing for $265.0 million in term loans (the "SECOND LIEN CREDIT AGREEMENT") entered into on February 10, 2004, between Xxxxxxx, the lenders party thereto in their capacities as lenders thereunder and DBTCA, as administrative agent, together with the related documents thereto (including, without limitation, any guarantee, collateral and security agreements and/or documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including any agreement extending the maturity of, refinancing, replacing or otherwise restructuring (including adding Subsidiaries of Xxxxxxx as additional guarantors thereunder) all or any portion of the Indebtedness under such agreement or any successor or replacement agreement and whether by the same or any other agent, lender or group of lenders.

Second Lien Credit Facility means the (a) $300 million term loan and (b) line of credit facility, in an amount not to exceed $500 million at any time outstanding provided under the Second Lien Credit Agreement.

Second Lien Credit Facility means that certain Credit Agreement, dated as of December 22, 2003 among the Issuer, various financial institutions party thereto, and Credit Suisse First Boston, as administrative agent, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and, in each case, as amended, modified, renewed, refunded, replaced or refinanced from time to time, including any agreement (i) extending or shortening the maturity of any Indebtedness incurred thereunder or contemplated thereby, (ii) adding or deleting borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness incurred thereunder or available to be borrowed thereunder, provided that on the date such Indebtedness is incurred it would not be prohibited by Section 4.09 hereof or (iv) otherwise altering the terms and conditions thereof.

Second Lien Credit Facility means a $40 million non-revolving second-lien credit facility with a syndicate of lenders provided pursuant to the amended and restated syndicated credit agreement dated February 1, 2007;