Facilities Documentation means definitive documentation with respect to each of the Revolving Credit Facility, the Term B Facility and the Bridge Facility, including without limitation credit agreements, security agreements, guarantees and other agreements incorporating substantially the terms and conditions outlined in this Commitment Letter and Term Sheets and otherwise reasonably satisfactory to the Commitment Parties and you.
Facilities Documentation means the Facilities Application Form, these Facilities Terms and Conditions and the Facilities Confirmation Letter.
Facilities Documentation means (i) if the Specified Amendment is obtained prior to the Amendment Date, the Incremental Term Facilities Documentation (as defined in Annex B) and the Incremental Bridge Facility Documentation (as defined in Annex C) and (ii) if the Specified Amendment is not obtained prior to the Amendment Date, the Backstop Bank Facilities Documentation (as defined in Annex B), the Secured Bridge Facilities Documentation (as defined in Annex D) and the Unsecured Bridge Facilities Documentation (as defined in Annex E).
Examples of Facilities Documentation in a sentence
The foregoing provisions in this paragraph shall be superseded in each case, to the extent covered thereby, by the applicable provisions contained in the Facilities Documentation upon execution thereof and thereafter shall have no further force and effect.
On the Effective Date, the Exit Facilities Documentation shall constitute legal, valid, binding, and authorized obligations of the Reorganized Debtors, enforceable in accordance with their terms.
This Agreement and the other Loan Documents, and those provisions of the Commitment Letter that, by its terms, survive the termination or expiration of the Commitment Letter and/or the execution and delivery of the Facilities Documentation (as defined in the Commitment Letter), constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof.
The Borrower shall deliver a written notice to the DIP Administrative Agent electing to extend the maturity date of the DIP Facilities Documentation.
The Senior Facilities Documentation will provide that any management or similar fees paid to Caesars Entertainment Corporation or any of its subsidiaries or affiliates will be made on an arm’s-length basis and on “market” terms (including caps on amounts and consent rights relating to modifications of applicable agreements relating thereto).
More Definitions of Facilities Documentation
Facilities Documentation. The definitive documentation for each of the First Lien Facilities (the "First Lien Loan Documents") shall (i) be consistent with the terms set forth herein and shall contain only those payments, conditions to borrowing, mandatory prepayments, representations, warranties, covenants and events of default expressly set forth herein (subject only to the exercise of any "market flex" expressly provided in the Fee Letter) applicable to the Borrowers and their restricted subsidiaries (and Parent to the extent expressly provided in the term sheet) and be based upon recent documentation for the First Lien Credit Agreement, dated as of October 26, 2015 (the "Vistra Precedent"), among Baring Private Equity Asia VI Holding (1) Limited, as Company, Stiphout Finance LLC, as U.S. Co-Borrower, Stiphout Finance B.V., as European Co-Borrower, Baring Private Equity Asia VI Holding (2) Limited, as Holdings, the lenders from time to time party thereto, Xxxxxxx Xxxxx Bank USA, as administrative agent, and Citicorp International Limited, as collateral agent, (ii) be subject to materiality qualifications and other exceptions that give effect to and/or permit the Transactions, (iii) reflect changes in law or accounting standards or to cure mistakes or defects and for applicable local laws, (iv) include customary "Bail-In" provisions, (v) include the First Lien Administrative Agent's customary agency provisions and certain mechanical provisions (consistent and reflective of the First Lien Administrative Agent's customary requirements and practices), (vi) include provisions from the Existing Credit Agreement (as defined below) which are deemed applicable, necessary or advisable (in the Borrowers' reasonable discretion) for the purposes of the Acquired Business and (vii) be negotiated in good faith to finalize the First Lien Loan Documents as promptly as reasonably practicable (collectively, the "Documentation Principles"). As used herein, "Existing Credit Agreement" means the Amended and Restated Credit and Guaranty Agreement, dated as of June 25, 2015 (the among Nord Anglia Education Finance LLC as borrower, Nord Anglia Education, Inc. as parent, certain subsidiaries of Nord Anglia Education, Inc. as guarantors, the lenders party thereto and HSBC Bank USA, N.A. as term
Facilities Documentation. The definitive documentation for the Credit Facilities (the “Facilities Documentation”) shall be subject to the Documentation Principles. Notwithstanding anything to the contrary in the Commitment Letter, all leases of the Borrower and its subsidiaries that would be treated as operating leases for purposes of GAAP as in effect on the date hereof shall continue to be accounted for as operating leases for purposes of the Facilities Documentation, regardless of any change to GAAP following such date that would otherwise require such leases to be treated as capital leases. Consolidated total assets and financial ratios will be calculated on a pro forma basis. The representations and warranties, covenants and events of default contained in the Facilities Documentation shall consist solely of the provisions described below, in each case, applicable to the Borrower and the Borrower’s subsidiaries.
Facilities Documentation. The Refinancing Revolving Credit Commitments shall be established under (and incorporated into) the Term B Facility Documentation on the terms and conditions set forth herein, in Exhibit B to the Commitment Letter and the Term B Facility Documentation, with the revolving and letter of credit mechanics for a revolving credit facility to be substantially consistent with the corresponding mechanics included in the Documentation Precedent (the “Facilities Documentation”).
Facilities Documentation. The definitive documentation for the Credit Facilities (the “Facilities Documentation”) shall contain solely those representations and warranties, covenants, events of default and conditions expressly set forth herein and shall otherwise be consistent with this Term Sheet.
Facilities Documentation has the meaning set forth in Section 3.2.3. “FCC” means the U.S. Federal Communications Commission.
Facilities Documentation. Usual for facilities and transactions of this type and reasonably acceptable to the Borrower and its counsel and the Agent and its counsel. The documentation will include, among other documents, a single credit agreement (the "Credit Agreement"), a subsidiary guarantee agreement, a security agreement and other appropriate guarantee and collateral documents. Representations and Usual for facilities and transactions of this type Warranties: (including materiality concepts to be agreed upon) and reasonably acceptable to the Borrower and its counsel and the Agent and its counsel, including but not limited to accuracy of financial statements; no material adverse change; absence of material litigation (other than litigation identified in the schedules to the Credit Agreement on the Closing Date); no violation of agreements or instruments; compliance with laws (including but not limited to ERISA, margin regulations, bank regulatory limitations and environmental laws and regulations); existence and validity of licenses; payment of taxes; ownership of properties; insurance; inapplicability of the Investment Company Act; solvency; environmental matters; accuracy of information; and validity, priority and perfection of security interests in the Collateral.
Facilities Documentation means definitive documentation with respect to each of the Revolving Credit Facility and the Term B Facilities, including without limitation credit agreements (such credit agreement to be entered into pursuant to the Existing Commitment Letter, the “Proposed Credit Agreement”), security agreements, guarantees and other agreements incorporating substantially the terms and conditions outlined in the Existing Commitment Letter and otherwise reasonably satisfactory to the Commitment Parties and you.