Debt Refinancing definition

Debt Refinancing means all obligations under any Indebtedness of Safeway and its Subsidiaries other than Indebtedness set forth on Schedule 1.05 hereto shall have been repaid on the Escrow Release Date, and all Liens securing such indebtedness shall have been released.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Debt Refinancing has the meaning given to that term in paragraph (a) of Clause 16.1 (Debt Refinancing).

Debt Refinancing has the meaning set forth in Section 5.24.

Examples of Debt Refinancing in a sentence

Any prepayment of Term Loans, Term C Loans or Revolving Credit Loans with the Net Cash Proceeds of, or in exchange for, Permitted Other Debt, Refinancing Term Loans or Replacement Term Loans pursuant to Section 5.2(a)(iii)(B) shall be applied solely to each applicable Class or Classes of Term Loans, Term C Loans or Revolving Credit Loans being refinanced or replaced.
The Administrative Agent shall have received a certificate, dated the Other Debt Refinancing Closing Date and signed by a Responsible Officer on behalf of the Borrower, confirming that (i) the Borrower has complied with the requirements of Section 7.11(b) with respect to all Subsidiaries formed or acquired on or after the Ninth Amendment Effective Date and (ii) the conditions set forth in Sections 5.6(k) have been satisfied as of the Other Debt Refinancing Closing Date.
The Other Debt Refinancing will occur substantially simultaneously with the release from escrow on the Other Debt Refinancing Closing Date.
The Existing Debt Refinancing shall have been (or substantially concurrently with the effectiveness of this Agreement shall be) consummated, and the Administrative Agent shall have received customary evidence thereof.
Bidco and its Restricted Subsidiaries shall consummate the Refinancing on or prior to the Target Debt Refinancing Outside Date.

More Definitions of Debt Refinancing

Debt Refinancing means all obligations under each of the Existing NAI Credit Agreements shall have been repaid, and all outstanding commitments under each of the Existing NAI Credit Agreements shall have been terminated, in each case on or prior to the Restatement Effective Date, and all Liens securing each of the Existing NAI Credit Agreements shall have been released.

Debt Refinancing means the termination of the U.S. Credit Agreement, the Canadian Credit Agreements and the Stone Savannah Credit Agreement and the repayment in full of all obligations outstanding thereunder.

Debt Refinancing means the refinancing of the Existing Financing for an amount equal to the amount outstanding under the Existing Financing (after deducting any applicable fees) or the obtaining of all necessary waivers, consents, amendments, confirmations and/or approvals for the continuation of the Existing Financing following Closing, in each case with changes to permit the incurrence of indebtedness under, and (p)repayment of, the Paragon Vendor Loan.

Debt Refinancing means (a) the repayment in full and refinancing of the Company’s existing credit facilities, (b) the refinancing in full of the Company’s 10 3/8% senior notes, (c) the refinancing in full of the Company’s 111/4% senior subordinated notes, and (d) irrevocable provision for the redemption of all the Company’s outstanding preferred stock, with the proceeds of (i) new revolving credit and term loan facilities, and (ii) the issuance of new senior notes.

Debt Refinancing means, collectively, the following: (i) the conversion of the outstanding debt set forth on Schedule 1.3 of the Credit Agreement into Loans (as defined in the Credit Agreement) under the Credit Agreement and the tender of the promissory notes evidencing such debt to the Company for cancellation; (ii) the tender of certain Promissory Notes (as defined under the Purchase Agreement) to the Company for cancellation in full payment for shares of Series A Preferred Stock as set forth in the Purchase Agreement and (iii) each of the other transactions contemplated hereby and by the other Debt Refinancing Documents.

Debt Refinancing means the refinancing of the Existing Credit Agreement as contemplated by the Commitment Letters or any other credit facility on terms not materially less favorable in the aggregate to the Company than the refinancing contemplated by the Commitment Letters.

Debt Refinancing means the payment in full of all amounts borrowed under, and all obligations outstanding under, the Existing Credit Agreement, the termination of all commitments thereunder and the termination and the release of all guaranties in connection therewith.