Replacement Facility definition

Replacement Facility means 1 of the following:
Replacement Facility as defined in Section 2.24(a).
Replacement Facility shall have the meaning provided in Section 13.1.

Examples of Replacement Facility in a sentence

  • For purposes of this Agreement and the other Loan Documents, if a Lender is providing a Replacement Facility Commitment, such Lender will be deemed to have an Other Commitment having the terms of such Replacement Facility Commitment.

  • Commitment, a Delayed Draw Term Loan Commitment, a Replacement Facility Commitment, or a New Term Loan Commitment.

  • Delayed Draw Term Loan Commitment, a Replacement Facility Commitment, or a New Term Loan Commitment.

  • Draw Term Loan Commitment and, if applicable, New Term Loan Commitment with respect to any Series and, if applicable, Replacement Facility Commitment with respect to any Series.

  • Any Re- placement Facility Commitment made on any Replacement Facility Effective Date shall be designated an additional Class of Revolving Facility Commitments for all purposes of this Agreement; provided, that any Replacement Facil- ity Commitments may, to the extent provided in the applicable Refinancing Amendment, be designated as an in- crease in any previously established Class of Revolving Facility Commitments.


More Definitions of Replacement Facility

Replacement Facility as defined in Section 11.1.
Replacement Facility has the meaning set forth in Section 10.02.
Replacement Facility means a Replacement Revolving Facility and/or a Replacement Term Facility, as the context requires.
Replacement Facility means at any time on or after the Bank Credit Agreement is expired or terminated, the senior secured credit facility or similar secured loan agreement to which the Company is a party as borrower and pursuant to which substantially all of the Company’s assets, other than investments in Subsidiaries, are pledged and which includes terms that are substantially comparable to market terms for substantially similar debt of other similarly situated borrowers as reasonably determined in good faith by the Company or, if such transaction is not one in which there are market terms for substantially similar debt of other similarly situated borrowers, on terms that are negotiated in good faith on an arm’s length basis.
Replacement Facility means any property (other than an
Replacement Facility means a facility, which is constructed or provided under the terms of this Agreement as a consequence of the Rearrangement of a Conflicting Facility or portion thereof.
Replacement Facility shall have the meaning as defined in Section 2.28(a).