Refinancing Term Loans definition
Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.
Refinancing Term Loans shall have the meaning assigned to such term in Section 2.21(j).
Refinancing Term Loans means Incremental Term Loans that are designated by a Responsible Officer of the Borrower as “Refinancing Term Loans” in a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent on or prior to the date of incurrence.
Examples of Refinancing Term Loans in a sentence
Any Refinancing Term Loans made pursuant to New Refinancing Term Commitments or any New Refinancing Revolving Credit Commitments made on a Refinancing Facility Closing Date shall be designated a separate Class of Refinancing Term Loans or Refinancing Revolving Credit Commitments, as applicable, for all purposes of this Agreement.
The Borrower will use the proceeds, if any, of the Refinancing Term Loans and Refinancing Revolving Credit Commitments in exchange for, or to extend, renew, replace, repurchase, retire or refinance, and shall permanently terminate applicable commitments under, substantially concurrently, the applicable Refinanced Debt.
More Definitions of Refinancing Term Loans
Refinancing Term Loans has the meaning set forth in Section 2.14(a).
Refinancing Term Loans as defined in Section 2.4(a).
Refinancing Term Loans means Incremental Term Loans and/or Permitted Alternative Incremental Facilities Debt that are designated by a Responsible Officer of the Borrower as “Refinancing Term Loans” in a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent on or prior to the date of incurrence; provided that (i) any Refinancing Term Loans shall not be in a principal amount that exceeds the amount of Term Loans so refinanced, except to the extent a different incurrence basket pursuant to Section 7.03 is utilized plus an amount equal to any fees, expenses, commissions, underwriting discounts and premiums payable in connection with such Refinancing Term Loans, (ii) to the extent applicable, such Refinancing Term Loans shall be subject to an Acceptable Intercreditor Agreement, (iii) any Refinancing Term Loans do not mature prior to the maturity date of or have a shorter Weighted Average Life to Maturity prior to the Terms Loans being refinanced, (iv) such Refinancing Term Loans have solely the same guarantors and are secured solely by the same assets as the Term Loans being refinanced, (v) the terms and conditions of such Refinancing Term Loans (excluding pricing and optional prepayment or redemption terms or covenants or other provisions applicable only to periods after the Maturity Date of the Loans or Commitments being refinanced) shall reflect terms, taken as a whole, not materially more favorable to the lenders providing such Refinancing Term Loans than the terms of such Term Loans being refinanced or are as otherwise reasonably acceptable to the Administrative Agent (except for covenants or other provisions (1) applicable only to periods after the final maturity date of such Term Loans existing at the time of such refinancing or (2) applicable prior to the final maturity date of such Term Loans existing at such time to the extent such terms and conditions are added for the benefit of such existing Term Loans, and such terms shall be automatically added for the benefit of such existing Term Loans) and (vi) if such Refinancing Term Loans contain any financial maintenance covenants, such covenants shall be added for the benefit of the Term Lenders.
Refinancing Term Loans one or more Tranches of Term Loans that result from a Refinancing Amendment.
Refinancing Term Loans means one or more Tranches of Term Loans that result from a Refinancing Amendment.
Refinancing Term Loans as defined in Section 11.1.
Refinancing Term Loans is defined in Section 1.20(a) hereof.