PTMI Facility definition
PTMI Facility means the senior secured term loan agreement among PTMI, Chase, as administrative agent, Union Bank of Switzerland, as managing agent, and the financial institutions named therein in an aggregate principal amount of up to $256,000,000, which facility will be full recourse to FCX through the Put Agreement, and any and all notes or other instruments and all security agreements, pledge agreements and other agreements executed in connection therewith.