Second Lien Facility Agreement definition

Second Lien Facility Agreement means the second lien facility agreement to be entered into between, among others, the Borrower and the Second Lien Finance Parties.
Second Lien Facility Agreement means, generally, each facility agreement or other document or instrument evidencing the terms of loan, credit or debt facility documenting a Second Lien Facility where the borrowing or incurrence of the Liabilities to be made available thereunder is not prohibited by the terms of the Debt Documents as at the date of such borrowing or incurrence (as the case may be) and which is designated as such by EHIL (in its discretion) by written notice to the Security Agent.
Second Lien Facility Agreement means any second lien facility agreement entered into or to be entered into by a member of the Group which is notified to the Security Agent by the Parent in writing as a facility agreement to be treated as the “Second Lien Facility Agreement” for the purposes of this Agreement provided that either:

Examples of Second Lien Facility Agreement in a sentence

  • This Compliance Certificate is provided in accordance with paragraph (a) of Clause 16.4 (Compliance Certificates) of the Second Lien Facility Agreement.

  • Lien Finance Documents), that document shall not constitute a Second Lien Finance Document for the purposes of this Agreement or a “Finance Document” for the purposes of the Second Lien Facility Agreement without the prior consent of the Majority Senior Lenders.

  • The Senior Facilities Agreement and the Second Lien Facility Agreement are herein collectively referred to as the Group Financing Agreements.

  • A copy of the “Funds Flow Statement” (as such term is defined in the Second Lien Facility Agreement).

  • 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.


More Definitions of Second Lien Facility Agreement

Second Lien Facility Agreement means a second lien loan, credit or note agreement (or the equivalent thereof with respect to a private placement of notes including any indenture or similar agreement) evidencing the Second Lien Facility (a) that is subject to an Intercreditor Agreement, (b) that has a maturity date no earlier than 6 months after the Maturity Date, (c) that is secured on a junior basis to the Liens securing the Indebtedness, (d) that is payable in kind until this Exit Facility is paid in full in cash, (e) that has no mandatory Redemption prior to the date that is 6 months after the Maturity Date and (f) otherwise reasonably acceptable in form and substance to the Administrative Agent and Majority Lenders, together with all amendments, modifications, replacements, refinancings, extensions and rearrangements thereof permitted by Section 9.04(b).
Second Lien Facility Agreement means the definitive agreement governing any Second Lien Facility.
Second Lien Facility Agreement means the second lien facility agreement dated 25 June 2019 between, amongst others, Bidco and the lenders named therein, as amended and restated on 4 September 2019 and as further amended and restated on 31 October 2019.
Second Lien Facility Agreement means each facility agreement, subscription agreement or other document or instrument which is designated as such by the Company (in its discretion) by written notice to each Agent who is a party to this Agreement at such time.
Second Lien Facility Agreement. 48 means a second lien loan, credit or note agreement (or the equivalent thereof with respect to a private placement of notes including any indenture or similar agreement) (a) subject to an Intercreditor Agreement, (b) with a maturity date no earlier than 91 days after the Maturity Date, (c) that is secured on a junior basis to the Liens securing the Indebtedness and (d) otherwise reasonably acceptable in form and substance to the Administrative Agent and Majority Lenders, together with all amendments, modifications, replacements, refinancings, extensions and rearrangements thereof permitted by Section 9.04(b).
Second Lien Facility Agreement means the USD denominated facility agreement dated 13 March 2018 between Itiviti Group Holding AB (as Parent and Original Guarantor), Itiviti Group AB (as Original Borrower and Original Guarantor), Credit Suisse International, MV Private Debt C▇ ▇.▇ r.▇., MV Private Debt G▇ ▇.▇ r.▇., MV Private Debt OP1 S.à r.▇., MV Private Credit E1 S.à r.▇., MezzVest Luxembourg III S.à r.▇ and MezzVest Co-Invest Luxembourg III S.à r.▇. (as Arrangers), Elavon Financial Services DAC, UK Branch (as Facility Agent) and Credit Suisse International (as Security Agent);
Second Lien Facility Agreement means that certain Second Lien Facility Agreement dated as of December 20, 2017, among Paysafe Group Holdings II Limited (formerly Pi UK Holdco II Limited), Paysafe Group Holdings III Limited (formerly Pi UK Holdco III Limited), the Persons from time to time party thereto as Borrowers and as Guarantors (in each case, as defined therein), the financial institutions from time to time party thereto as lenders, Credit Suisse AG, London Branch, as agent and as security agent, and the other Persons from time to time party thereto, as the same has been and may be further amended, restated, amended and restated, supplemented, replaced, refinanced, or otherwise modified from time to time in accordance with the terms thereof.