Refinancing Transactions definition

Refinancing Transactions means the transactions described under “Summary—The Refinancing Transactions” in the Offering Memorandum.

Refinancing Transactions means the payment in full of all amounts due or outstanding under the Existing Credit Facilities, the termination of all commitments thereunder and the release and discharge of all guarantees thereof and security therefor.

Refinancing Transactions has the meaning provided in the recitals hereto.

Examples of Refinancing Transactions in a sentence

• Net Refinancing Transactions consist of proceeds from Sinking Funds and Repayment of Debentures and Other Long-term obligations.

• The Lenders shall have received (i) the financial statements referred to in Sections 3.04(a) and (b) and (ii) projections for the U.S. Borrower and its Restricted Subsidiaries on a pro forma basis for completion of the Refinancing Transactions for the fiscal years 2017 through 2021.

• The Agent shall have received a customary certificate from the chief financial officer of the U.S. Borrower certifying that the Loan Parties, on a consolidated basis after giving effect to the Refinancing Transactions to occur on the Closing Date, are solvent (within the meaning of Section 3.15).

• The Agent shall be reasonably satisfied with the arrangements to consummate the Refinancing Transactions substantially concurrently with the initial credit extensions hereunder and to release all Liens securing the Existing Credit Agreement.

• The Refinancing Transactions are within each applicable Loan Party’s and Foreign Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action of such Loan Party.

More Definitions of Refinancing Transactions

Refinancing Transactions refers collectively to (a) the offering of the Existing First-Lien Notes and the use of proceeds therefrom, (b) the Cash Tender Offer and the redemption of any remaining 11.5% First-Lien Notes, (c) the refinancing of the Existing Credit Agreement with (i) the ABL Facility and (ii) the New First-Lien Revolving Facility.

Refinancing Transactions means the offering of the Notes on the Issue Date, the closing of the Credit Agreement on the Issue Date and the use of proceeds from both to repay outstanding indebtedness, pay a dividend to Parent and pay related premiums, fees and expenses, in each case as described in the Offering Circular.

Refinancing Transactions means the offering of the Notes, the ------------------------ Special Term Loan Agreement, the refinancing of the Credit Facility with the New Credit Facility and the payment of a dividend of approximately $45.9 million to Holdings.

Refinancing Transactions means (i) the termination of the commitments to extend credit and the payment in full all obligations under the Existing MAC Group Credit Agreement and the release of all guarantees and Liens thereunder and (ii) the release of all obligations, guarantees and Liens under the Existing OSI Credit Agreement.

Refinancing Transactions means the payment in full of, and the extinguishment of all documents associated with (except for provisions that are customarily stated to survive and any letters of credit that by their terms as in effect on the Execution Date would thereafter remain outstanding), the following debt facilities of the Parent: (a) the credit agreement, dated as of October 18, 2012, among the Parent, certain lenders and Obsidian Agency Services, Inc. and (b) the $65,000,000 first lien credit agreement with Bank of America, N.A. dated as of June 30, 2009.

Refinancing Transactions means the consummation of the amendment and restatement of the Senior Credit Facilities and the issuance of the Second Lien Notes.

Refinancing Transactions means the payment in full of, and the extinguishment of all documents associated with (except for provisions that are customarily stated to survive and any letters of credit that by their terms as in effect on the date hereof would thereafter remain outstanding), the following debt facilities of the Borrower: (a) the credit agreement, dated as of October 18, 2012, among the Borrower, certain lenders and Obsidian Agency Services, Inc. and (b) the $65,000,000 first lien credit agreement with Bank of America, N.A. dated as of June 30, 2009.