Examples of Senior Term Facility in a sentence
Corporate debt consists of our Senior Term Facility; Senior ABL Facility; Senior Notes; Senior Subordinated Notes, Convertible Senior Notes; and certain other indebtedness of our domestic and foreign subsidiaries.
Corporate debt consists of senior notes issued prior to the Acquisition; borrowings under our Senior Term Facility; borrowings under our Senior ABL Facility; our Senior Notes; our Senior Subordinated Notes; and certain other indebtedness of our domestic and foreign subsidiaries.
The net proceeds from the Additional Class A Loans were used to repay £362,000,000 of outstanding debt under the Senior Term Facility Agreement.
Net corporate debt is calculated as total debt excluding fleet debt less cash and equivalents and short-term investments, if any, and “corporate restricted cash.” Corporate debt consists of senior notes and Euro medium term notes issued prior to the Acquisition; borrowings under our Senior Term Facility; borrowings under our Senior ABL Facility; our Senior Notes; our Senior Subordinated Notes; and certain other indebtedness of our domestic and foreign subsidiaries.
Total Class A Net Debt is used herein as defined in “ Glossary” and represents the principal amounts outstanding under the Senior Term Facility, the Working Capital Facility, the Liquidity Facility (to the extent drawn) and the Class A IBLAs, less cash and cash equivalents and excluding hedging liabilities.