Definition of Praesidian Facility

  1. Praesidian Facility means that certain Fifth Amended and Restated Securities Purchase Agreement and Security Agreement, dated as of the Closing Date, by and among Borrower, Parent, certain Subsidiaries of Borrower party thereto, Subordinated Praesidian Agent, Praesidian Capital Opportunity Fund III-A, LP, and United Insurance Company of America.

Examples of Praesidian Facility in a sentence

  1. No AHYDO Payments (as defined in the Praesidian Subordination Agreement) are or will be owed in connection with the Praesidian Facility.

Definition of Praesidian Facility in Credit Agreement

Praesidian Facility means that certain Fifth Amended and Restated Securities Purchase Agreement and Security Agreement, dated as of the Closing Date, by and among Borrower, Parent, certain Subsidiaries of Borrower party thereto, Subordinated Praesidian Agent, Praesidian Capital Opportunity Fund III-A, LP, and United Insurance Company of America.


Definition of Praesidian Facility in Amended and Restated Credit Agreement

Praesidian Facility means that certain Third Amended and Restated Securities Purchase Agreement and Security Agreement dated as of August 28, 2015 among the Borrower, the Parent, NBS, Fusion BVX LLC, Pingtone Communications, Inc., Praesidian Capital Opportunity Fund III, LP, as Agent and a Lender, Praesidian Capital Opportunity Fund III-A, LP, and United Insurance Company of America, and the Transaction Documents as defined in such Agreement.