Prior Facility definition

Prior Facility means the credit facility established pursuant to that certain Credit Agreement dated October 13, 1999 by and among the Borrower, the lenders party thereto and Bankers Trust Company as Administrative Agent and terminated effective July 21, 2004.

Prior Facility means all amounts owing under that certain Amended and Restated Loan and Security Agreement by and among Borrower, Lender (as a lender and administrative agent), and Comerica Bank dated as of November 20, 2015.

Prior Facility has the meaning set forth in Section 3.23.

Examples of Prior Facility in a sentence

• The Prior Facility was terminated on June 17, 2005, at which time the prior outstanding term loan of $245,000 was repaid.

• Net proceeds of approximately $49.4 million received from this issuance were used to repay outstanding borrowings under the Prior Facility.

• During the second quarter of 2018, we recorded a $1.2 charge to accelerate the amortization of unamortized deferred financing costs related to the extinguishment of the Prior Facility (see note 11).

• As a result, certain deferred loan costs incurred in connection with the Prior Facility were written off.

• Distribution of Revenue Per-Pupil by Quintiles of Prior Facility Investments, Unified School Districts Notes: Revenue per-pupil figures represent total revenue by source over the period 2006-2015 divided by average district enrollment over the same period.

More Definitions of Prior Facility

Prior Facility has the meaning set forth in Section 3.24.

Prior Facility means the facility contemplated by the Prior Agreement.

Prior Facility means Borrower’s revolving credit facility with BMO Xxxxxx Bank N.A., which is refinanced on the Closing Date.

Prior Facility has the meaning set forth in the Recitals hereto. “Prior Obligations” has the meaning set forth in the Recitals hereto.

Prior Facility means the $40,000,000 revolving credit facility which preceded this Facility and was established under a Credit Agreement dated as of June 20, 1997 among the Borrower, the Agent and the Lenders, as amended.

Prior Facility means the Amended and Restated Credit Agreement among the Bank, the Company and Walkxx Xxxipment Corporation dated as of August 25, 1994, effective as of July 5, 1994, as amended.

Prior Facility means that certain Credit Agreement, dated as of June 30, 2011, by and among Borrower, Deutsche Bank Trust Company Americas as Administrative Agent, and various financial institutions as Lenders.