2011 Credit Facility definition

2011 Credit Facility means that certain secured credit line dated as of January 3, 2012 (as modified, amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof), by and among FIC Holdings, as borrower, FIC, Friendly’s and Franchising, as guarantors, and Sun Ice Cream Finance, LP, as lender, and all other documents evidencing or relating to the foregoing.
2011 Credit Facility means the Second Amended and Restated Credit Agreement, dated as of May 6, 2011, among the Company, as parent, Arlington Tankers, Ltd. and General Maritime Subsidiary II Corporation as guarantors, General Maritime Subsidiary Corporation as borrower, various lenders, and Nordea Bank Finland Plc, New York Branch as administrative agent and collateral agent, as amended or restated from time to time.
2011 Credit Facility means the fourth amended and restated credit agreement, dated as of September 28, 2011, pursuant to which a syndicate of lenders, including the Banks, made a senior secured credit facility available to the Company.

Examples of 2011 Credit Facility in a sentence

  • It held that the Finnish courts had jurisdiction because the child resided in Finland and had a close connection with the country.

  • Adjusted EBITDA is defined as EBITDA further adjusted to exclude inventory gains and losses and foreign currency gains and losses and reflects the adjustments permitted in calculating covenant compliance under the 2011 Credit Facility.

  • Represents debt issue costs expensed in conjunction with the refinancing of our 2010 Credit Facility and 2011 Credit Facility in February 2013.

  • Total current debt represents debt that is due within 12 months under 2011 Credit Facility.

  • In addition, the 2011 Credit Facility does not contain any covenants.

  • By contrast, if the investor is aware of some θ′ between the two extreme states, the measure of the undelegated projects in [0, 1] will be greater than∆.

  • During fiscal year 2011, we entered into our 2011 Credit Facility, which replaced our 2007 Credit Facility.

  • The 2011 Credit Facility may be used for general corporate purposes including the backstop of commercial paper.

  • The 2011 Credit Facility replaces TELUS’ previous $2 billion facility which would have matured in May 2012.

  • On July 26, 2013 we entered into Amendment No. 2 to our 2011 Credit Agreement, which amended our financial covenant related to our consolidated fixed charge coverage ratio by increasing the amount of restricted payments excluded from such calculation from $50,000 to $80,000.Use of ProceedsWe used $42,500 of the net available proceeds of the 2013 Credit Facility to retire all of the debt under our 2011 Credit Facility.


More Definitions of 2011 Credit Facility

Related to 2011 Credit Facility

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Credit Facilities means, with respect to the Issuer or any of its Restricted Subsidiaries, one or more debt facilities, including the Senior Credit Facilities, or other financing arrangements (including, without limitation, commercial paper facilities or indentures) providing for revolving credit loans, term loans, letters of credit or other long-term indebtedness, including any notes, mortgages, guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements or refundings thereof and any indentures or credit facilities or commercial paper facilities 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 permitted to be borrowed thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, lender or group of lenders.