Senior Credit Facility Obligations definition

Senior Credit Facility Obligations means “Obligations” as defined in the Senior Credit Facility.
Senior Credit Facility Obligations means the “Secured Obligations” as defined in the Senior Credit Facilities.
Senior Credit Facility Obligations means “Secured Obligations,” as defined in the Senior Credit Facilities.

Examples of Senior Credit Facility Obligations in a sentence

  • The student must put the complaint in writing, including the date and the circumstances of the harassment.

  • As of December 31, 2019, the Company and the Guarantors had$127.8 million of Senior Credit Facility Obligations outstanding.

  • The incurrence of the Senior Credit Facility Obligations was fraudulent as to creditors and should be avoided to the fullest extent permitted under 11 U.S.C. §§ 544(b), 548(a), and 550(a), and under applicable state fraudulent transfer law.

  • The grant of the Senior Liens to secure repayment of the Senior Credit Facility Obligations was fraudulent as to creditors and should be avoided to the fullest extent provided under 11 U.S.C. §§ 544(b), 548(a), and 550(a), and under applicable state fraudulent transfer law, and automatically preserved for the benefit of the estates under 11 U.S.C. § 551.

  • Upon information and belief, portions of the Senior Credit Facility Obligations have been syndicated, sold, or otherwise transferred to numerous parties, and continue to be syndicated, sold, or otherwise transferred.


More Definitions of Senior Credit Facility Obligations

Senior Credit Facility Obligations means all Debt and other obligations of the Issuer and the Guarantees under or with respect to the Senior Credit Facility.
Senior Credit Facility Obligations obligations of the Borrower and the other Loan Parties from time to time arising under or in respect of the due and punctual payment of (i) the principal of and premium, if any, and interest (including interest accruing during (or that would accrue but for) the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary obligations (other than obligations owing to Lender Affiliate Secured Parties (as defined in the Guarantee and Collateral Agreement)), including fees, costs, expenses and indemnities, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations Incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), of the Borrower and the other Loan Parties under this Agreement and the other Loan Documents.
Senior Credit Facility Obligations means any Credit Facility Obligations incurred by the District in connection with a Credit Facility in respect of Senior Debt which is payable from a lien on the 0.6% Sales Tax that is senior or superior to the lien thereon of the Bonds.
Senior Credit Facility Obligations means all amounts, indemnities and reimbursement obligations, direct or indirect, contingent or absolute, of every type or description, and at any time existing, owing by the Company or any of its subsidiaries parties to the Credit Agreement, the Bridge Facility or any other Loan Document (as such term or other similar term is defined in the Credit Agreement or the Bridge Facility) (with the Borrower, the “Credit Parties”) to the Administrative Agent (as such term or other similar term is defined in the Credit Agreement or the Bridge Facility), any lender, any Affiliate of any lender, any Secured Hedge Provider (as such term or other similar term is defined in the Credit Agreement or the Bridge Facility) or any LC Issuer (as such term or other similar term is defined in the Credit Agreement or the Bridge Facility) pursuant to the terms of the Senior Credit Facility, any other Loan Document or any Designated Hedge Agreement (as such term or other similar term is defined in the Credit Agreement or the Bridge Facility) (including, but not limited to, interest and fees that accrue after the commencement by or against any Credit Party of any insolvency proceeding, regardless of whether allowed or allowable in such proceeding or subject to an automatic stay under Section 362(a) of the Bankruptcy Code); provided, however, that Senior Credit Facility Obligations shall not include any Excluded Swap Obligations (as such term or other similar term is defined in the Credit Agreement or the Bridge Facility). Without limiting the generality of the foregoing description of Senior Credit Facility Obligations, the Senior Credit Facility Obligations include (a) the obligation to pay principal, interest, letter of credit commissions, charges, expenses, fees, reasonable attorneysfees and disbursements, indemnities and other amounts payable by the Credit Parties under the Credit Agreement, the Bridge Facility or any Loan Document, (b) Banking Services Obligations (as such term or other similar term is defined in the Credit Agreement or the Bridge Facility), (c) Hedging Obligations (as such term or other similar term is defined in the Credit Agreement or the Bridge Facility) and (d) the obligation to reimburse any amount in respect of any of the foregoing that any agent, any lender or any Affiliate or any Secured Hedge Provider of any of them, in connection with the terms of the Credit Agreement, the Bridge Facility or any Loan Document, may elect to pay or advance on behalf ...
Senior Credit Facility Obligations means the Indebtedness and other obligations under the Senior Credit Facility which are secured by a Lien on the Collateral, in an amount of such Indebtedness permitted by Section 5.11(b)(i) together with any Cash Management Obligations or Hedging Obligations that are owing to the lenders under the Senior Credit Facility and are secured by a Lien on the Collateral permitted by clause (a)(ii) or clause (d), respectively, of the definition of "Permitted Liens."
Senior Credit Facility Obligations means, as of the date of any Borrowing or the issuance of any Letter of Credit, that portion of the sum of the Revolver Usage and the aggregate principal amount of the Term Loans that does not exceed the greater of (x) (A) $20 million plus, if and only if the Revolver Usage includes Letters of Credit, an additional amount equal to the then extant Letter of Credit Usage up to a maximum additional amount of $5 million less (B) the aggregate amount of all Net Proceeds (as defined in the Indenture) of Asset Sales (as defined in the Indenture) applied to permanently reduce the Commitments with respect to this Agreement pursuant to Section 4.10 of the Indenture and (y) the Borrowing Base (as defined in the Indenture).
Senior Credit Facility Obligations means all Debt and other obligations of the Issuer and the Guarantees under or with respect to the Senior Credit Facility. [“Series” means (i) the Notes, (ii) the Secured Notes, (iii) the obligations under the Senior Credit Facility and (iv) each other issuance or incurrence of Debt that is secured on a pari passu basis with any of the foregoing.]14