Secured Term Loans definition

Secured Term Loans means, collectively, the “Loans,” “Term Loans,” “Incremental Term Loans” and the “Other Term Loans”, each as defined in the Secured Term Loan Credit Agreement (or any similar term in any Secured Term Loan Credit Agreement Refinancing Indebtedness).

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Secured Term Loans means the secured term loans issued and outstanding pursuant to the Secured Term Loan Agreement;

Secured Term Loans means the term loans made to the Company Parties under the Secured Term Loan Credit Agreement.

Examples of Secured Term Loans in a sentence

• The Obligations constitute “Senior Debt” or “Designated Senior Indebtedness” (or any other defined term having a similar purpose) within the meaning of the Senior Note Documents (and any Permitted Refinancings thereof permitted under Section 6.01 other than refinancings with additional Secured Term Loans).

• The Commitments and the Loans and other extensions of credit under the Loan Documents constitute “Credit Facilities” (or any other defined term having a similar purpose) or liabilities payable under the documentation related to “Credit Facilities” (or any other defined term having a similar purpose), in each case, within the meaning of the Senior Note Documents (and any Permitted Refinancings thereof permitted under Section 6.01 other than refinancings with Secured Term Loans).

• No financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except such as have been filed in favor of the Agent, for the benefit of the Lenders holding Secured Term Loans, pursuant to this Agreement or as are permitted by the Credit Agreement.

• In the event of any Asset Sale, the Borrowers shall, within five (5) Business Days after the receipt of Net Cash Proceeds of such Asset Sale, apply the Net Cash Proceeds of such Asset Sale first to prepay all amounts due under the Secured Term Loans and the Applicable Prepayment Premium thereon.

• The Borrowers will not at any time permit (a) the outstanding principal balance of the Revolving Credit Loans and the Secured Term Loans as of the date of determination to be greater than (b) the Borrowing Base as determined as of the same date.

• With respect to each Secured Term Loan Lender, the percentage set forth on Schedule 1.1 hereto as such Secured Term Loan Lender’s percentage of the aggregate Secured Term Loans to Land Company, as the same may be changed from time to time in accordance with the terms of this Agreement.

• In order to induce Beneficiary to make the Secured Term Loans secured hereby, Trustor agrees that, in the event of any transfer of the Trust Estate without the prior written consent of the Lenders, the Lenders shall have the absolute right, at their option, without prior demand or notice, to declare all sums secured hereby immediately due and payable.

• The Secured Term Loans bearing interest by reference to the Base Rate.

• Substantially concurrently with the funding of the Short Term Loans, the Borrower shall apply, or cause to be applied, the full amount of the proceeds thereof to repay outstanding Initial Secured Term Loans.

• An individual Secured Term Loan or the aggregate Secured Term Loans, as the case may be, made by the Secured Term Loan Lenders hereunder to Land Company.

More Definitions of Secured Term Loans

Secured Term Loans means, at any time, the Loans made hereunder by any Lender with respect to such Lender’s Secured Term Loan Commitments.

Secured Term Loans means the secured term loans issued and outstanding pursuant to the Secured Term Loan Credit Agreement; “Securityholder Released Parties” means, collectively, the Trustees and Agents, in any of their respective capacities under the applicable Debt Documents, the Administrative Agent under the Two Year Equity Bridge Credit and Guaranty Agreement, in each case including any predecessors in such capacity, the Early Consenting Debtholders, and each of their respective current and former directors, officers, managers, partners, employees, auditors, financial advisors, legal counsel and agents which, for the avoidance of doubt, shall include the Advisors; “Share Consolidation” has the meaning given to it in Section 5.3(d); “Share FMV” has the meaning given to it in Section 5.3(e)(iii); “Shareholders’ Arrangement Resolution” means the resolution of the Existing Shareholders relating to the Arrangement to be considered at the Shareholders’ Meeting, substantially in the form attached as Appendix “C” to the Circular; “Shareholders’ Meeting” means the meeting of the Existing Shareholders as of the Record Date to be called and held pursuant to the Interim Order for the purpose of considering and voting on the Shareholders’ Arrangement Resolution and to consider such other matters as may properly come before such meeting and includes any adjournment(s) or postponement(s) of such meeting; “Subordinated Promissory Note” means the Non-Negotiable Subordinated Promissory Note made by Concordia Healthcare Inc. in favour of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, dated December 20, 2013, or any permitted assignee thereof, as amended, modified and/or supplemented from time to time;

Secured Term Loans means the First Secured Term Loan and the Second Secured Term Loan; "Secured Term Loan" shall refer to either the First Secured Term Loan or the Second Secured Term Loan.

Secured Term Loans means, collectively, the “Loans,” “Term Loans,” “Incremental Term Loans” and the “Other Term Loans”, each as defined in the Secured Term Loan Credit Agreement (or any similar term in any Secured Term Loan Credit Agreement Refinancing Indebtedness). “Securities Act” shall mean the Securities Act of 1933. “Securities Collateral” shall mean the “Securities Collateral” as defined in the Secured Term Loan Credit Agreement. “Securitization Assets” shall mean all existing or hereafter acquired or arising (i) Receivables that are sold, assigned or otherwise transferred pursuant to a Qualified Securitization Transaction, (ii) the Related Security with respect to the Receivables referred to in clause (i) above, (iii) the collections and proceeds of the Receivables and Related Security referred to in clauses (i) and (ii) above, (iv) all lockboxes, lockbox accounts, collection accounts or other deposit accounts into which such collections are deposited (and in any event excluding any lockboxes, lockbox accounts, collection accounts or deposit accounts that any Company organized under the laws of any Principal Jurisdiction has an interest in (other than in connection with a Permitted German Alternative Financing, any Permitted Customer Account Financing and 74 ▇▇▇▇▇▇▇.02G-CHISR02A - MSW

Secured Term Loans the March 2013 Secured Term Loans and the Tranche B Term Loans.

Secured Term Loans the term loans made by the Lenders to the Borrowers pursuant to Section 2.1(a).