Existing Back-Leverage Financing definition
Existing Back-Leverage Financing means the transactions contemplated by that certain Financing Agreement, dated as of May 12, 2017, as amended, by and among Seller and the financial institutions and other parties thereto, and related agreements, including existing interest rate hedging arrangements associated with the foregoing.
Examples of Existing Back-Leverage Financing in a sentence
No Sale Entity has any outstanding Indebtedness other than (a) as of the date hereof (and, for the avoidance of doubt, not on the Closing Date), the Existing Back-Leverage Financing, (b) any money pool, intercompany or Affiliate borrowings that will be fully discharged on or prior to the Closing and (c) as of the Closing Date, the interest rate hedging arrangements that are the subject of the Swap Novation Agreements.