Bank Credit Facility definition

Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.
Bank Credit Facility means, as at December 31, 2019, the Corporation's US$600 million unsecured, covenant-based revolving credit facility with a syndicate of financial institutions. See “Description of Capital Structure – Bank Credit Facility” and "Material Contracts and Documents Affecting the Rights of Securityholders"
Bank Credit Facility means a revolving credit, term credit and/or letter of credit facility, the proceeds of which are used for working capital and other general corporate purposes to be entered into by one or more of the Company and/or its Restricted Subsidiaries and certain financial institutions, as amended, extended or refinanced from time to time. The New Credit Facility will constitute a Bank Credit Facility.

Examples of Bank Credit Facility in a sentence

  • On June 14, 2023, the Corporation extended its Bank Credit Facility Agreement (“Agreement”) with a syndicate of lenders for an additional two-year period expiring on June 30, 2025.

  • Reflects an increase in interest expense assuming additional borrowings of $163.2 million under the Bank Credit Facility to fund a portion of the cash consideration.

  • In the event that additional financing was needed to fund the cash consideration for the QuarterNorth Acquisition, we received a $650.0 million commitment under a bridge credit facility from a syndicate of lenders, including some lenders under our Bank Credit Facility.


More Definitions of Bank Credit Facility

Bank Credit Facility as defined in the Trust Agreement.
Bank Credit Facility means the Initial Bank Credit Facility and, at any time, each other New Credit Facility then in effect.
Bank Credit Facility means, collectively, the delay draw term loan credit facility and the revolving credit facility (including the letter of credit facility thereunder) described and made available to Xxxx Las Vegas by the Bank Lenders pursuant to the Bank Credit Agreement.
Bank Credit Facility. ’ means, as of December 31, 2015, the Corporation’s $800 million unsecured, covenant-based revolving credit facility with a syndicate of financial institutions. See ‘‘Material Contracts and Documents Affecting the Rights of Securityholders’’;
Bank Credit Facility means the revolving credit agreement dated [___], 2007 by and among the MLP, as the borrower, the banks and financial institutions named therein, and the other parties thereto.
Bank Credit Facility in the Original Indenture. The definition of "Bank Credit Facility" in Section 101 of the Original Indenture is hereby amended and restated as follows:
Bank Credit Facility in Section 101 of the Original Indenture is hereby amended and restated as follows: