Examples of Second Lien Facility Agreement in a sentence
We further confirm, in our respective capacities as Interim Facility Agent and Arrangers, that the confirmations set out in paragraph 1 above with respect to any conditions precedent referred to therein (the “ Relevant Condition Precedent”) willapply mutatis mutandis to any conditionsprecedent to be set out in the Senior Facilities Agreement and/or the Second Lien Facility Agreement, which is the same as or substantially similar to that Relevant Condition Precedent.
The Issuer will apply the net proceeds from the sale of the Securities to repay indebtedness under its Second Lien Facility Agreement, for general corporate purposes and to pay transaction-related fees and expenses.
GOVERNING LAW AND The Senior Facilities Agreement and the JURISDICTION: Second Lien Facility Agreement will each be governed by English Law, and each of the Obligors will submit to the non-exclusive jurisdiction of the Courts of England.
The Borrower indemnifies each of the finance parties against (a) costs and liability associated with default and (b) loss incurred by the Lenders as a result of funding or arranging to fund an advance to the Borrower requested but not made because of one or more provisions of the Senior Facilities Agreement or the Second Lien Facility Agreement (as the case may be).
Amounts outstanding under the Second Lien Facility are due in one installment payable 9 1/2 years after the date of the Second Lien Facility Agreement.