Senior Bank Facility definition

Senior Bank Facility means the loan of [AMOUNT AND CURRENCY] and letter of credit facility to be made available pursuant to the facility agreement made between the Concessionaire, [LENDERS] and bearing even date herewith.

Senior Bank Facility means the credit facility, comprised of a revolving term facility and a revolving working capital facility, pursuant to the credit agreement (as amended) between Compton, as borrower, certain Canadian chartered banks and other financial institutions, as lenders, and Bank of Montreal, as administrative agent, dated August 15, 2007, as such will be amended pursuant to the Recapitalization.

Senior Bank Facility means the Credit Agreement, dated as of May 14, 1998, among the Company, as borrower, the lenders listed therein, as lenders, Bankers Trust Company, as administrative agent and co-syndication agent and Bank of America NT&SA, The Bank of New York and Credit Suisse First Boston, as co-syndication agents, as it may be amended or restated from time to time, and any renewal, extension, refinancing, refunding or replacement thereof.

Examples of Senior Bank Facility in a sentence

• Other than as set out above, no amendments, waivers or modifications to the Senior Bank Facility shall affect or alter in any way the Definitive New Loan Documentation.

• A matrix was developed [attached] that was used to coordinate existing and proposed NSMHA funded school based mental health services with similar county funded services.

• The default provisions in the Definitive New Loan Documentation shall be similar to those in the Senior Bank Facility, except that it will only include cross-acceleration and not cross-default provisions with respect to the Senior Bank Facility.

• In the event that the Senior Bank Facility is amended to include an additional financial maintenance covenant, such additional financial maintenance covenant, or event of default relating to such covenant, shall be automatically and correspondingly added to the Definitive New Loan Documentation (taking into account any differences between the defined terms in the Senior Bank Facility and the defined terms of the Definitive New Loan Documentation) (an "Additional Maintenance Covenant").

• With respect to the collateral currently securing the Senior Bank Facility (the "Working Capital Assets"), the security interest will be a second lien; with respect to all other property, assets and undertakings of the Credit Parties (the "Fixed Assets"), the security interest will be a first lien.

More Definitions of Senior Bank Facility

Senior Bank Facility means the Credit Agreement for $175,000,000, dated as of April 29, 0000, xxxxxxx Xxxxxxxx Xxxxxxx Industries, Inc. and Chase Manhattan Bank.

Senior Bank Facility means any senior commercial term loan and/or revolving credit facility (including any letter of credit subfacility) entered into principally with commercial banks and/or other financial institutions typically party to commercial loan agreements.

Senior Bank Facility means our Multicurrency Credit Agreement, dated as of October 14, 1998, as it may be amended or restated from time to time.

Senior Bank Facility means the CIT Facility or a credit facility on substantially the same terms as the CIT Facility, including a first lien on Tembec’s working capital assets, a second lien on Tembec’s fixed assets (if agreed to by Tembec and the lender) and any other reasonable modifications requested by CIT or the replacement lender, as the case may be, and consented to by JPMorgan, acting reasonably.

Senior Bank Facility means the credit facility, comprised of a revolving term facility and a revolving working capital facility, pursuant to the credit agreement (as amended) between Xxxxxxx, as borrower, certain Canadian chartered banks and other financial institutions, as lenders, and Bank of Montreal, as administrative agent, dated August 15, 2007, as such will be amended pursuant to the Recapitalization;

Senior Bank Facility means the extendible revolving credit facility made available to Compton pursuant to an Amended and Restated Credit Agreement between Compton, as borrower, Bank of Montreal (as lead arranger and administrative agent), The Bank of Nova Scotia and The Toronto-Dominion Bank (as co-syndication agents), Société Générale (Canada Branch) and The Royal Bank of Scotland NV (Canada Branch) (as co-documentation agent), and the lenders thereto, dated as of October 18, 2010 (as amended by amending agreements dated February 7, 2011, February 24, 2011 and March 21, 2011), as amended.

Senior Bank Facility means the senior bank loan and guarantee facility, dated August 5, 1996, between Jewel Holdings Limited, NatWest Capital Markets and the other parties thereto, as such facility has been or may be amended, modified, supplemented, replaced, renewed, extended or restated from time to time (including, for the avoidance of doubt, through the supplemental agreement dated February 13, 1997 and the amended Senior Bank Lending Facility dated April 4, 1997).