Senior Facility definition

Senior Facility has the meaning given to the term “Facility” in the Senior Facilities Agreement.

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Senior Facility means the Senior Credit Agreement and any Refinancing thereof.

Senior Facility means (i) the Existing Senior Facility, as may be amended, restated, supplemented, renewed, modified, refunded, replaced, revised, restructured or Refinanced in whole or in part from time to time, and (ii) any other agreement governing First-Lien Indebtedness, provided that the stated principal amount in respect of all of the foregoing shall not be increased beyond the applicable limit set forth in the Indenture for such Indebtedness.

Examples of Senior Facility in a sentence

• Until senior debt has been paid in full, Debtor will not pay and Creditor will not accept any payment on subordinated debt at any time that an Event of Default (as defined in the Senior Facility Agreement) has occurred and is continuing in respect of senior debt.

• This agreement shall terminate upon the termination of the Senior Facility Agreement and repayment in full of the senior debt.

• The Senior Facility Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

• All debt (as hereinafter defined) of a Debtor under the Senior Facility Agreement is hereinafter referred to as "senior debt" and all debt (as hereinafter defined) of a Debtor under the Subordinated Facility Agreement is hereinafter referred to as "subordinated debt".

• All debt (as hereinafter defined) under the Senior Facility Agreement is hereinafter referred to as "senior debt" and all debt (as hereinafter defined) under the Subordinated Facility Agreement is hereinafter referred to as "subordinated debt".

More Definitions of Senior Facility

Senior Facility means each of the following: (i) Bond Agreement, dated October 11, 2012, between the Borrower and Norsk Tillitsmann ASA, as Bond Trustee on behalf of the bondholders in the bond issue FRN Golar LNG Partners LP Senior Unsecured Bond Issue 2012/2017, (ii) Senior Secured Amortising Term Loan and Revolving Credit Facility, dated June 25, 2013, among Golar Partners Operating LLC, as borrower, the Borrower, DNB Bank ASA, as Agent and Security Agent, the lenders party thereto and the other parties thereto, and (iii) any other loan, bond or other debt facility notified by the Borrower to the Lender in writing after the date hereof.

Senior Facility means the Senior Indenture, the other Note Documents (as defined therein) and the transactions contemplated thereunder.

Senior Facility has the meaning set forth in Section 8.2(13) hereof.

Senior Facility means the credit facility established pursuant to the Credit Documents and the credit facility established pursuant to a certain Credit Agreement dated as of March 5, 2008, as amended, among Dialogic Corporation, Dialogic Inc., ▇▇▇▇▇ Fargo Foothill Canada ULC, as administrative agent, and the lenders from time to time party thereto, or any replacement facilities reasonably acceptable to holders of at least a majority of the aggregate amount of Registrable Securities issued and issuable under the Warrants.

Senior Facility. The term "Senior Facility" means the senior credit facility under that certain Loan and Security Agreement dated March 29, 2004, among the Company, Audio Innovations, Inc., Senior Agent and the lenders named therein, together with the documents now or hereafter related thereto (including without limitation, any guarantee agreements and any security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including any agreement extending the maturity of, refinancing, replacing, increasing the amount of, or otherwise restructuring all or any portion of the indebtedness under such agreement or any successor or replacement agreement and whether by the same or any other agent, lender or group of lenders (or other institutions).

Senior Facility. The senior secured credit facility in favor of American Ski and related entities by BankBoston, N.A., as Agent set forth in the Amended and Restated Credit Agreement dated as of November 12, 1997 as modified on July 20, 1998, and as further modified from time to time.

Senior Facility means the Facilities hereunder, excluding any Incremental Revolving Credit Commitment.