Effective Date Debt Repayments definition

Effective Date Debt Repayments means, collectively, the repayment in full on the Effective Date of all of the existing Indebtedness outstanding and the termination of any remaining commitments and obligations with respect thereto as of the Effective Date under the Borrower’s (a) existing amended and restated asset based revolving credit facility, dated as of August 15, 2010, and (b) existing 9.50% Senior Secured Notes due 2019 (the “Senior Secured Notes”), issued under that certain Indenture, dated as June 1, 2012, in each case as amended, supplemented or otherwise modified from time to time prior to the date hereof.
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Effective Date Debt Repayments means, collectively, the repayment in full on the Effective Date of all of the existing Indebtedness outstanding and the termination of any remaining commitments and obligations with respect thereto as of the Effective Date under the Borrower’s
Sample 1

Examples of Effective Date Debt Repayments in a sentence

  • After the application of the proceeds of the loans made on the Effective Date under the ABL Credit Agreement and any Loans made under the Agreement on the Effective Date, the Effective Date Debt Repayments shall have been completed in a manner reasonably satisfactory to the Administrative Agent.

  • After the application of the proceeds of the term loans under the Term Loan Credit Agreement and any Loans made under the Agreement on the Effective Date, the Effective Date Debt Repayments shall have been completed in a manner reasonably satisfactory to the Administrative Agent.

Related to Effective Date Debt Repayments

  • Debt Repayment means the repayment, prepayment, repurchase or defeasance of the Indebtedness of the Borrower under the Indebtedness that is identified on Schedule 1.1(g) to the Original Credit Agreement and that is repaid, prepaid, repurchased or defeased on the Original Closing Date (or such later date as may be necessary to effect the Debt Repayment in accordance with the tender offers therefor).

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Second Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the Second Lien Credit Agreement.

  • Debt Repayment Triggering Event means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Closing Date Term Loan Commitment means the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Net Financing Proceeds means the cash proceeds received by the Partnership in connection with any borrowing by or on behalf of the Partnership (whether or not secured), or distributed to the Partnership in respect of any such borrowing by any Subsidiary Entity, after deduction of all costs and expenses incurred by the Partnership in connection with such borrowing, and after deduction of that portion of such proceeds used to repay any other indebtedness of the Partnership, or any interest or premium thereon.

  • Closing Date Indebtedness means the aggregate amount of Indebtedness of the Company as of immediately prior to the Closing.

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • First Lien Indebtedness means the First Lien Loans, any First Lien Additional Indebtedness, and any First Lien Credit Agreement Refinancing Indebtedness.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).