Senior Secured Term Loan definition

Senior Secured Term Loan means that certain amended and restated senior secured term loan, dated as of August 17, 2016, among CDW LLC, Barclays Bank PLC, as Administrative Agent and Collateral Agent, the lenders party thereto and certain other parties specified therein, providing for term loans, including any related notes, debentures, bonds, guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, supplemented, modified, renewed, refunded, replaced (whether at maturity or thereafter) or refinanced from time to time in one or more agreements, indentures, notes, bonds, facilities or other forms of indebtedness in whole or in part (in each case with the same or new agents, lenders or investors), including any agreement adding or changing the borrower or issuer or any guarantor or extending the maturity thereof or otherwise restructuring all or any portion of the Indebtedness thereunder or increasing the amount loaned or issued thereunder or altering the maturity thereof.
Senior Secured Term Loan has the meaning set forth in Section 2.2(b).
Senior Secured Term Loan means term loan facilities under the Fifth Amended and Restated Credit Agreement dated as of August 9, 2021 (as amended), among the Company, certain Subsidiaries of the Company, Cobank, ACB, as administrative agent and collateral agent, and the other lenders party thereto, as the same may be amended, restated, renewed, refunded, replaced, refinanced, supplemented or otherwise modified from time to time, including any such replacement, refunding or refinancing facility or indenture that increases the amount permitted to be borrowed thereunder or alters the maturity thereof or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, lender or group of lenders.

Examples of Senior Secured Term Loan in a sentence

  • Senior Secured Term Loan Credit Agreement among U.S. Well Services, Inc., USWS Holdings LLC, U.S. Well Services, LLC, the Subsidiary Guarantors, the Initial Lenders, and CLMG Corp.

  • On November 25, 2020, PG Dental Holdings New Jersey, LLC fully repaid the $22.2 million Senior Secured Term Loan and the $2.5 million Delayed Draw Term Loan receivable to us at par.

  • On February 19, 2021, we made a new $40.5 million Senior Secured Term Loan investment in OneTouchPoint Corp., a provider of digital and print asset management solutions.

  • On February 22, 2021, we made a new $70.5 million Senior Secured Term Loan investment and a $5.0 million Revolving Line of Credit commitment to Interventional Management Services, LLC.

  • During the period of February 25, 2021 through March 11, 2021, we provided $39.2 million of Senior Secured Term Loan A funding to National Property REIT Corp.


More Definitions of Senior Secured Term Loan

Senior Secured Term Loan means the Company’s first-in, last-out senior secured term loan facility incurred under the Credit Agreement, as may be amended, modified, supplemented or Refinanced from time to time.
Senior Secured Term Loan means the term loan due July 2017, which: (i) has an aggregate principal amount outstanding of approximately C$15.1 million as of the date hereof; and (ii) is secured by a first-ranking charge on substantially all of the fixed assets and real property of CPC and a second-ranking charge on the working capital assets of CPC.
Senior Secured Term Loan means term loan facilities under the Credit Agreement (as amended and restated on February 11, 2015), among the Company, certain Subsidiaries of the Company, Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch, as administrative agent and collateral agent, and the other lenders party thereto, as the same may be amended, restated, renewed, refunded, replaced, refinanced, supplemented or otherwise modified from time to time, including any such replacement, refunding or refinancing facility or indenture that increases the amount permitted to be borrowed thereunder or alters the maturity thereof or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, lender or group of lenders.
Senior Secured Term Loan means the term loan provided under the Term Loan Credit Agreement, including any notes, mortgages, guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, replacements, renewals, restatements, refundings or refinancings thereof (including the New Senior Secured Term Loan) and any one or more indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that extend, replace, refund, refinance, renew or defease any part of the loans, notes, or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, lender or group of lenders.
Senior Secured Term Loan. Any Term Loan that (i) is secured by a first priority Lien on all of the Obligor’s assets constituting Related Property for the Loan, (ii) has a Loan-to-Value of less than (a) 60% where the Loan is not a Material Mortgage Loan or the Related Property is not primarily real estate, and (b) 75% where the Loan is a Material Mortgage Loan or the Related Property is primarily real estate, (iii) provides that the payment obligation of the Obligor on such Loan is either senior to, or pari passu with, all other loans or financings to such Obligor, and (iv) is substantially in the form of the “Senior Secured Term Loan” previously delivered by the Originator to the Administrative Agent in connection with the CS Funding I Transaction or such other form as shall be adopted by the Originator and approved in writing by the Administrative Agent at least five days prior to such Loan becoming part of the Collateral hereunder.
Senior Secured Term Loan means that certain senior secured term loan, dated as of the Closing Date, among VH MergerSub, Inc., CDW LLC (as successor in interest to CDW Corporation), Xxxxxx Xxxxxxx Senior Funding, Inc. (as successor to Xxxxxx Commercial Paper Inc.), as Administrative Agent, and Xxxxxx Xxxxxxx & Co. Incorporated (as successor to Xxxxxx Commercial Paper Inc.), as Collateral Agent, the lenders party thereto and certain other parties specified therein, as amended by the First Amended and Restated Senior Secured Term Loan, dated as of March 12, 2008, as further amended on November 4, 2009, and as further amended effective as of the Issue Date, providing for term loans, including any related notes, debentures, bonds, guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, supplemented, modified, renewed, refunded, replaced (whether at maturity or thereafter) or refinanced from time to time in one or more agreements, indentures, notes, bonds, facilities or other forms of indebtedness in whole or in part (in each case with the same or new agents, lenders or investors), including any agreement adding or changing the borrower or issuer or any guarantor or extending the maturity thereof or otherwise restructuring all or any portion of the Indebtedness thereunder or increasing the amount loaned or issued thereunder or altering the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof).
Senior Secured Term Loan means the senior secured debt facility offered by an arm’s length lender to the Corporation in a principal amount of $65 million for a term of four (4) years;