Examples of Refinancing Term Facility in a sentence
Each of the parties hereto hereby agrees that, upon the effectiveness of any Refinancing Term Facility, this Agreement shall be deemed amended and restated or amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Term Loan Agreement Refinancing Indebtedness incurred pursuant thereto.
The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Refinancing Term Facility.
Except as expressly provided herein or in the Credit Agreement, the Refinancing Term Facility shall be subject to the terms and provisions of the Credit Agreement and the other Loan Documents.
The Borrower shall repay to the Administrative Agent for the account of the applicable Lenders on the dates set forth in the applicable amendment providing for any Refinancing Term Facility, or if any such date is not a Business Day, on the immediately preceding Business Day, a principal amount of term loans under such Refinancing Term Facility as set forth in such amendment.
Each Refinancing Term Borrowing shall consist of Refinancing Term Loans made simultaneously by the Refinancing Lenders in accordance with their respective Commitment Percentage of the applicable Refinancing Term Facility.