Senior Secured Term Loan B Facility definition

Senior Secured Term Loan B Facility means the Term Loan B Credit Agreement, dated as of the Closing Date, by and among the Borrower, the lenders party thereto in their capacities as lenders thereunder and Xxxxxx Xxxxxxx Senior Funding, Inc,., as administrative agent and collateral agent, including any guarantees, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications or restatements thereof.
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Examples of Senior Secured Term Loan B Facility in a sentence

  • Transactions with Fortress and YF ART Holdings L.P. Fortress held $48.5 million aggregate principal amount of the Senior Secured Term Loan B Facility as of December 31, 2017.

  • EXHIBIT B Project Forest Senior Secured Revolving Credit Facility Senior Secured Term Loan A Facility Senior Secured Term Loan B Facility Summary of Principal Terms and Conditions1 Borrower: Microsemi Corporation.

  • The new $1.1 billion Senior Secured Term Loan B Facility ("New Term Loan B") matures in May 2030 and carries an interest rate of SOFR plus 2.25% (with a 0.10% credit spread adjustment).

  • The Company ended the quarter with a cash balance of $63 million and approximately $800 million in total liquidity.In May 2023, the Company successfully amended and extended its outstanding Senior Secured Term Loan B Facility ("Prior Term Loan B"), which was due May 2025.

  • The Escrow Issuer will not own, hold or otherwise have any interest in any assets other than the Escrowed Funds, the Senior Secured Term Loan B Facility Escrowed Funds, the Escrow Account and the Senior Secured Term Loan B Facility Escrow Account.

Related to Senior Secured Term Loan B Facility

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Second Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the Second Lien Credit Agreement.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Tranche B Term Loan as defined in Section 2.1.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Tranche A Term Loan as defined in Section 2.1.

  • Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.

  • Term Loan Obligations means any Obligations with respect to the Term Loan (including, without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Tranche B Term Loan Maturity Date means June 30, 2022.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.