Existing Term Loan Facility definition

Existing Term Loan Facility has the meaning specified in Section 2.17(a).

Existing Term Loan Facility means the credit agreement governing the $125.0 million senior secured term loan facility dated as of August 16, 2007, among the Borrower, the guarantors party thereto, the lenders party thereto and JPMorgan as administrative agent and collateral agent, as amended or modified from time to time.

Existing Term Loan Facility means the facility established pursuant to the Existing Term Loan Credit Agreement.

Examples of Existing Term Loan Facility in a sentence

• Simultaneous with funding of the Initial Term Loans, the Term Loan Lenders (as defined in the Existing Term Loan Facility) under the Existing Term Loan Facility shall have been paid all accrued principal, interest indemnities, cost reimbursements and other obligations, if any, then due and owing under the Existing Term Loan Facility.

• As of the date hereof, the Existing Term Loan Facility has been repaid in full.

• The Manager believes it is prudent to have in place the Refinancing Facility and the New Revolving Facility to remove any refinancing risks associated with Fortune REIT’s existing debt, (consisting of the Existing Term Loan Facility, and a HK$265.0 million revolving credit facility due on 28 June 2010, under which HK$30.0 million was outstanding as of 30 June 2009 (the “Existing Revolving Facility”)) in light of the volatile market conditions.

• The Parent Borrower shall (or shall cause), within three Business Days following the Effective Date, (i) the Existing Term Loan Facility to be repaid in full, together with all fees and other amounts owing thereon, and all commitments thereunder to be terminated and all liens securing the obligations thereunder (if any) to be terminated and (ii) reasonably satisfactory evidence as to the foregoing to be provided to the Administrative Agent.

• The proceeds of the Revolving Credit Loans to be made on the Restatement Date will be used to pay down any amount outstanding under the Existing Term Loan Facility and to pay related fees and expenses.

More Definitions of Existing Term Loan Facility

Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

Existing Term Loan Facility that certain Loan Agreement and Security Agreement, dated as of June 23, 2015 (as amended, restated, supplemented or otherwise modified from time to time), by and among AGM, the Existing Term Loan Lenders and the Existing Term Loan Agent, together with all other documents and instruments relating thereto.

Existing Term Loan Facility as defined in Section 2.5(a).

Existing Term Loan Facility means all Term Loans (as defined in the Original Credit Agreement) under the Original Credit Agreement.

Existing Term Loan Facility shall have the meaning assigned to such term in Section 2.23(a).

Existing Term Loan Facility means the Term Loan Agreement, dated as of June 30, 2020, among the Issuer, as lead borrower, Carnival Finance, LLC, as co-borrower, and Carnival plc and the other Guarantors, as guarantors, and certain financial institutions, as lenders (such facility outstanding on the Issue Date, the “Issue Date Existing Term Loan Facility”), and as further amended, restated, supplemented, waived, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time to time, including any agreement or indenture extending the maturity thereof, refinancing, replacing or otherwise restructuring all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements or increasing the amount loaned thereunder (in each case subject to compliance with Section 4.06) or altering the maturity thereof. Notwithstanding the foregoing, no instrument (other than the Issue Date Existing Term Loan Facility) shall constitute an “Existing Term Loan Facility” for purposes of the foregoing definition unless such instrument is designated to the Trustee in writing by the Issuer as constituting an “Existing Term Loan Facility.”

Existing Term Loan Facility means that certain $1,750,000,000 senior unsecured term loan credit facility governed by that certain term loan credit agreement dated as of March 2, 2015 (as amended, modified, amended and restated or supplemented from time to time) by and among the U.S. Borrower, Bank of America, N.A. as administrative agent, the guarantors from time to time party thereto and the lenders from time to time party thereto.