Existing Term Facility definition

Existing Term Facility has the meaning specified in Section 2.19(a).

Existing Term Facility means the £100,000,000 credit facility dated 9 April 2013 between, amongst others, AMEC PLC and The Royal Bank of Scotland plc as facility agent.

Existing Term Facility means the Credit Agreement, dated as of October 16, 2012, by and among the Parent Borrower, Bank of America, as Administrative Agent and the lenders from time to time party thereto, relating to senior secured term loans borrowed by the Parent Borrower on the date thereof, which shall be repaid in full on the Amendment No. 1

Examples of Existing Term Facility in a sentence

• In addition, on the Existing Term Facility Maturity Date of each Non-Extending Term Lender, the Borrower shall repay any non-extended Term Loans of such Non-Extending Term Lender outstanding on such date.

• If (and only if) any Term Lender has agreed so to extend their Existing Term Facility Maturity Date (each, an “Extending Term Lender”), the Existing Term Facility Maturity Date in respect of the Term Facility of each Extending Term Lender and of each Additional Term Commitment Lender shall be extended subject to the terms of any such notice of extension and each Additional Term Commitment Lender shall thereupon become a “Term Lender” for all purposes of this Agreement.

• Assuming that the Refinancing Facility is drawn down, and that the full Acquisition Facility and the Existing Term Facility are repaid.

• Actual fees and expenses may vary.At September 30, 2019, the interest rate on the Existing Term Facility was approximately 3.3%.

• The proceeds of the Term Advances shall be used (and PMI agrees that it shall use such proceeds) for general corporate purposes of PMI and its Subsidiaries, including without limitation, the refinancing of amounts outstanding under the Existing Term Facility.

More Definitions of Existing Term Facility

Existing Term Facility means that certain Credit Agreement dated as of August 7, 2006, as amended, among USP Domestic Holdings Inc., as Borrower, the lenders and other parties from time to time party thereto, Bear Xxxxxxx Corporate Lending Inc., as Administrative Agent, and SunTrust Bank, as Collateral Agent and Documentation Agent.

Existing Term Facility has the meaning assigned to such term in the recitals hereto.

Existing Term Facility means that certain credit facility evidenced by the Existing Term Credit Agreement, which provides for the funding of a term loan to the Macerich Partnership in the aggregate commitment amount of, as of the date hereof, $250 million.

Existing Term Facility means that certain $125,000,00 Letter of Credit and Term Loan Agreement dated as of November 6, 2006, by and among the Parent Guarantor, the Company and certain of the Subsidiaries of the Parent Guarantor parties thereto, the lenders party thereto and Bank of America, N.A., as administrative agent, as amended by First Amendment thereto dated November 9, 2007, Second Amendment thereto dated August 5, 2008 and Third Amendment thereto dated December 21, 2012, and as may be further amended, restated, supplemented or otherwise modified from time to time.

Existing Term Facility is defined in Section 2.16(c).

Existing Term Facility means the term facilities in the initial principal amount of EUR 220,000,000 granted to the Parent under the Existing Facilities Agreement;

Existing Term Facility means as defined in Section 2.18(c)(vii). “Extension Option” means as defined in Section 2.19.