Existing Senior Facility definition

Existing Senior Facility means [identify initial first-lien notes or credit facility, if any]].
Existing Senior Facility means that certain Loan and Security Agreement, dated as of November 9, 2006, by and among Bairnco, the Bairnco Subsidiaries named therein, and Bank of America, N.A., a national banking association, individually as a lender thereunder and as agent for the lenders from time to time thereunder, as the same has been amended by that certain Waiver and First Amendment to Loan and Security Agreement dated March 23, 2007, and as further amended by the Amendment to Existing Senior Facility, and by any other amendment, restatement, supplement or other modification made in accordance with the Intercreditor Agreement.
Existing Senior Facility means the €1,000,000,000 credit facilities provided to the Company pursuant to a credit agreement dated 10 May 2006 between (amongst others) the Company and KBC Bank NV as security agent.

Examples of Existing Senior Facility in a sentence

  • Each Borrower will promptly provide to Lender, copies of all information or notices required to be provided to Senior Lender under Section 10.1.2 or 10.1.3 of the Existing Senior Facility.

  • The parties will support a release of cash collateral under the Existing Senior Facility of up to an amount to be agreed to by the Parties pursuant to a reasonable cash budget to be prepared by the Company and will support any motions to such effect and to permit the Debtors to use cash on hand, cash to be generated from accounts and cash generated from operations during the Chapter 11 Cases.

  • Schedule 1 to Annex A-p.5 SCHEDULE 2 to Annex A (Terms of Convertible Preferred) HOLDERS: Holders of claims under Existing Senior Facility.

  • The Company shall use all commercially reasonable efforts to keep in full force and effect and to remain in compliance with all terms and conditions of the Purchase Option Agreement and with all terms and conditions of the Existing Senior Facility.

  • The Company agrees that any amendment, waiver or modification of any rights or obligations under the Purchase Option Agreement shall be approved in advance in writing by the Senior Lenders and under the Existing Senior Facility shall be approved in advance by the Noteholders.

  • The Group agrees that, in satisfaction of any commitments in respect of outstanding but undrawn letters of credit under the Existing Senior Facility, the Group shall cash collateralize or otherwise satisfy and release in full the Original Senior Lenders and the Senior Lenders substantially as contemplated under the Purchase Option Agreement.

  • The parties acknowledge that nothing in this Section shall be deemed to require any Holder to grant any waiver, forbearance or consent under the Indenture or the Existing Senior Facility that is not otherwise expressly provided hereunder or under the Purchase Option Agreement.

  • There shall be (either immediately prior to, or after giving effect to, the Notes Exchange) no breach or violation of, or a default under (with or without notice, lapse of time or both), the Existing Senior Facility or any New Senior Facility or New Junior Secured Notes.

  • Subject to Section 3, until the Final Completion Date, the Guarantor agrees that the Guarantor will perform, comply with and be bound by all of its agreements, covenants and obligations contained in Article VIII of the Existing Senior Facility.


More Definitions of Existing Senior Facility

Existing Senior Facility means the credit facilities made available to the Borrower under the BNS Credit Agreement.
Existing Senior Facility means that certain credit facility pursuant to that certain First Amended and Restated Credit Agreement dated as of June 30, 1999, among the Guarantor, as Borrower, certain commercial lending institutions set forth therein, as the Lenders, Administrative Agent, as the L/C Issuer and administrative agent, Well▇ ▇▇▇go Bank, N.A. as Swingline Lender and Syndication Agent, and Bank of America, N.A., as Documentation Agent as such agreement may be modified, amended, restated, amended and restated, supplemented, replaced, refinanced or any provision thereof waived. All terms of the Existing Senior Facility to which reference is made herein, together with all related definitions, ancillary provisions and related schedules, are hereby incorporated into this Completion Guaranty by reference as though specifically set forth in this Completion Guaranty. To the extent that the First Amended and Restated Credit Agreement described above is replaced or refinanced, any reference herein to a Section or Article of such First Amended and Restated Credit Agreement shall refer to the corresponding Section or Article of such replacement agreement. If the First Amended and Restated Credit Agreement shall be terminated and not replaced or refinanced, the term "Existing Senior Facility" shall refer to the First Amended and Restated Credit Agreement or successor Existing Senior Facility as in effect on the date of such termination.
Existing Senior Facility shall refer to the First Amended and Restated Credit Agreement or successor Existing Senior Facility as in effect on the date of such termination.