Term Facilities definition

Term Facilities means, at any time, the Term A Facility and the Term B Facility.
Term Facilities means the Term A Facility and the Term B Facility.
Term Facilities means the term loan facilities provided for by this Agreement.

Examples of Term Facilities in a sentence

  • Interest on the above Long Term Facilities is based on floating rate plus a margin.

  • Each reduction of the unused portion of the Term Commitments pursuant to Section 2.06(a) shall be applied ratably to the Term A Facility and, if applicable, the Incremental Term Facilities and to the principal repayment installments thereof on a pro rata basis.

  • The Term Facilities bear interest at rates ranging from 2.7% to 3.0%.

  • Future cash flows are estimated based on the terms under the Term Facilities and discounted at a rate reflecting appropriate market fundamentals relating to the debt.

  • Notwithstanding anything to the contrary herein, (i) the aggregate principal amount of all Incremental Term Facilities and all Incremental Equivalent Debt shall not exceed $1,000,000,000 and (ii) the aggregate amount of all Incremental Revolving Facilities shall not exceed $200,000,000; provided that any Incremental Revolving Facility shall be effectuated as an increase of the Revolving Facility.


More Definitions of Term Facilities

Term Facilities means the Term A-1 Facility, the Term A-2 Facility and each Incremental Term Loan Facility.
Term Facilities means the Tranche A Term Facility and the Tranche B Term Facility.
Term Facilities means, at any time, the aggregate Term A Facility and the Incremental Term Facilities of all Lenders at such time, and “Term Facility” shall mean any of the Term A Facility or the Incremental Term Facilities, as the context may require.
Term Facilities means, collectively, (a) the Term A Facility, (b) the Term B Facility and (c) with respect to any other Tranche of Term Loans, (i) on or prior to the applicable funding date of such Tranche of Term Loans, the aggregate amount of the Term Commitments of such Tranche at such time and (ii) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders of such Tranche outstanding at such time.
Term Facilities means, collectively, the credit facilities comprising the Term Facility Commitments, the Term Facility Loans, any Extended Term Loans and any Other Term Loans.