Definition of Term Credit Facilities


Term Credit Facilities means one or more debt facilities or debt securities providing for term loans, notes (excluding the notes issued pursuant to the Note Indenture), debentures or other similar long-term indebtedness, whether secured or unsecured, including any notes, mortgages, guarantees, collateral documents, instruments and agreements executed in connection therewith.

Examples of Term Credit Facilities in a sentence

Except as this Agreement may specifically provide otherwise, all prepayments of Credit Extensions under Term Credit Facilities shall be applied by Agent to the applicable Term Credit Facility in inverse order of maturity.
The term Prepayable Amount means all, but not less than all, of the Credit Extensions and all other Obligations under all Term Credit Facilities.
Notwithstanding anything to the contrary herein, at no time shall there be Term Loans (including Extended Term Loans, Refinancing Term Loans and New Term Loans) which have more than five different scheduled final maturity dates or shall there be more than five different Term Credit Facilities.
Except as this Agreement may specifically provide otherwise, all prepayments of Credit Extensions under Term Credit Facilities shall be applied by Lenders pro rata among the Term Credit Facilities and pro rata to the remaining principal payment installments of the applicable Term Credit Facility, and the monthly payments required under the Amortization Schedule shall be adjusted to account for any such prepayments.
The term "Prepayable Amount" means all, but not less than all, of the Credit Extensions and all other Obligations under all Term Credit Facilities.