Refinancing Revolving Credit Facility definition

Refinancing Revolving Credit Facility means, at any time, each revolving credit facility available to the Parent Borrower or any other Credit Party such time pursuant to a Class of Refinancing Revolving Credit Commitments in effect at such time.
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Refinancing Revolving Credit Facility has the meaning set forth in Section 2.23(a).
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Refinancing Revolving Credit Facility means the revolving credit facility pursuant to which Refinancing Revolving Loans shall be made and Letters of Credit shall be issued.
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Examples of Refinancing Revolving Credit Facility in a sentence

  • As a result of the 2021 Refinancing, the Company prepaid all principal, interest, fees and other obligations outstanding under the 2019 Refinancing Agreements and terminated its 2019 Refinancing Term Loan and 2019 Refinancing Revolving Credit Facility.

  • The Refinancing Revolving Credit Facility will be used by the Borrower to refinance and replace the Existing Revolving Facility.

  • After the Eighth Amendment Effective Date, the proceeds of the 2024 Refinancing Revolving Credit Facility shall be used fund the ongoing working capital requirements and other general corporate purposes of the Borrowers and their restricted subsidiaries.

  • As a result of the 2021 Refinancing, the Company prepaid all principal, interest, fees and other obligations outstanding under the 2019 Refinancing Agreements (defined below) and terminated its 2019 Refinancing Term Loan and 2019 Refinancing Revolving Credit Facility.

  • On the Eighth Amendment Effective Date, all outstanding Letters of Credit issued under the Credit Agreement pursuant to the Existing Revolving Credit Commitments shall remain outstanding and shall, for all purposes of the Amended Credit Agreement, be automatically deemed issued under 2024 Refinancing Revolving Credit Commitments and 2024 Refinancing Revolving Credit Facility.


More Definitions of Refinancing Revolving Credit Facility

Refinancing Revolving Credit Facility and, together with the Refinancing Term Facility, the “Refinancing Facilities”) in accordance with Section 2.15 hereof and (iii) certain other amendments to this Agreement as set forth herein. The proceeds of the InitialRefinancing Term LoansFacility, together with the proceeds of the 2019 Senior Notes issued on the Fourth Amendment Effective Date (as defined below), will be used by the Borrower to directly or indirectlyrepay the Existing Term Loans and to consummate the other 2019 Transactions (as defined below). The Refinancing, pay the Transaction Expenses and for general corporate purposes. Revolving Credit Facilities will be used by the Borrower to refinance and replace the Existing Revolving Facility. The applicable Lenders have indicated their willingness to lend and the L/C Issuers have indicated their willingness to issue Letters of Credit, in each case, on the terms and subject to the conditions set forth herein. In consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows:
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Refinancing Revolving Credit Facility as defined in the introductory paragraph to this Agreement.
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Refinancing Revolving Credit Facility the Refinancing Term Facilities and the Refinancing Revolving Credit Facilities are collectively referred to as “Refinancing Facilities”), respectively, under the Credit Documentation with the consent of the Borrower and the lenders providing such Refinancing Term Facility or Refinancing Revolving Credit Facility and/or (b) in the case of the refinancing of the Term Loan Facilities, one or more additional series of senior secured or unsecured notes or loans that will be (x) secured by the Collateral on a pari passu basis with the Senior Credit Facilities, (y) secured on a junior lien or “silent” subordinated basis to the Senior Credit Facilities and to the obligations under any senior secured notes described in clause (x) above or (z) unsecured, and, in the case of clauses (x) and (y), that will be subject to intercreditor arrangements reasonably satisfactory to the Administrative Agent (any such notes or loans described in this clause (b), “Refinancing Debt”); provided that (i) (x) any Refinancing Term Facility or Refinancing Debt shall not mature prior to the maturity date of, or have a shorter weighted average life than, the Term Loans being refinanced and (y) any Refinancing Revolving Credit Facility shall not mature prior to the maturity date of the revolving commitments being refinanced, (ii) the other terms and conditions of any such Refinancing Facility or Refinancing Debt (excluding pricing, interest rate margins, fees, discounts, rate floors and prepayment or redemption terms) are substantially identical to, or (taken as a whole) are no more favorable to the lenders providing such Refinancing Facility or Refinancing Debt, as applicable, than those applicable to the Term Loan Facility or the commitments and loans under the Revolving Credit Facility being refinanced (except (A) for covenants or other provisions applicable only to periods after the latest final scheduled maturity date of the Term Loan Facilities or the Revolving Credit Facility, as applicable, existing at the time of such refinancing or (B) to the extent that such more favorable terms and conditions are applied to the Senior Credit Facilities), (iii) any Refinancing Debt which is in the form of loans that is incurred outside of the Senior Credit Facilities will be unsecured or secured on a junior basis to the Facilities (and, for purposes of clarity, may not be secured on a pari passu basis to the Senior Credit Facilities) and (iv) no Lender will be obligated to provide commitments ...
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Refinancing Revolving Credit Facility means the Refinancing Revolving Credit Commitments and the extensions of credit made thereunder.
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Related to Refinancing Revolving Credit Facility

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Refinancing Revolving Commitments means one or more Classes of commitments in respect of Revolving Loans hereunder that result from a Refinancing Amendment.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Existing Credit Facility means that certain Credit Agreement, dated as of December 6, 2012, by and among the Borrower, certain Subsidiaries of the Borrower, the lenders party thereto and Bank of America, N.A. as administrative agent, as amended, restated or otherwise modified from time to time prior to the date hereof.

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Additional Revolving Credit Commitments means any revolving credit commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • New Credit Facility is defined in Section 9.8.