Relevant Existing Facility definition
Relevant Existing Facility is defined in Section 2.14(a) hereof.
Relevant Existing Facility shall have the meaning given to such term in Section 2.13(a).
Relevant Existing Facility means (a) with respect to any Incremental Term Facility or any tranche of Incremental Term Loans, the Term Facility implemented on the Closing Date and the Initial Term Loans and (b) with respect to any Incremental Revolving Facility or any tranche of Incremental Revolving Loans, the Revolving Facility implemented on the Closing Date and the Revolving Loans thereunder.
Examples of Relevant Existing Facility in a sentence
In the event of any inconsistency between the terms of any Relevant Existing Facility and the terms of this Letter (other than paragraphs 11 (Governing Law) and 12 (Jurisdiction)), the terms of this Letter will prevail.
More Definitions of Relevant Existing Facility
Relevant Existing Facility is defined in Section 2.14(a) hereof. “Replaced Revolving Facility” is defined in Section 10.11(d) hereof. “Replaced Term Loans” is defined in Section 10.11(d) hereof. “Replacement Revolving Facility” is defined in Section 10.11(d) hereof. “Replacement Term Loans” is defined in Section 10.11(d) hereof.
Relevant Existing Facility. (a) with respect to any Replacement Term Loans or Permitted Pari Passu Secured Refinancing Debt in the form of a tranche A term facility (i.e., a term loan facility having amortization, tenor and other terms customary for the term loan A market, as reasonably determined by the Administrative Agent and the Company), the Tranche A Term Facility and (b) with respect to any Replacement Term Loans or Permitted Pari Passu Secured Refinancing Debt in the form of a tranche B term facility (i.e., a term loan facility with a tenor of six years or longer which has nominal amortization of 1% per annum prior to final maturity), the Tranche B Term Facility.
Relevant Existing Facility means, in relation to a Lender, each Existing Facility to which such Lender is a party (being, for the avoidance of doubt, in respect of any Lender which is not a member of the G12, only those Existing Facilities which are listed in Part A of Annex 3 (Exposures) (as updated from time to time in accordance with the terms of this Letter)).