Definition of Term Facility

  1. 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.
  2. Term Facility means the Initial Term Facility, any Incremental Term Facility, any other Tranche of Term Commitments or Term Loans,
  3. Term Facility means, collectively, the Term B-1 Facility and the Term B-2 Facility.

Examples of Term Facility in a sentence

  1. The Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Percentage of the Term Facility.
  2. A liens on capital stock of joint ventures securing capital contributions to, or obligations of, such persons and (B) customary rights of first refusal and tag, drag and similar rights in joint venture agreements, Term Sheet - Term Facility
  3. This Section shall supersede any provisions in Section 2.13 or 10.01 to the contrary.2.15 Increase in Term Facility.

Definition of Term Facility in Credit Agreement

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.


Definition of Term Facility in Amended and Restated Credit Agreement

Term Facility means, at any time, (a) during the Term Loan Availability Period, 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. As of the Closing Date, the Term Facility is $300,000,000.


Definition of Term Facility in To the Credit Agreement

Term Facility means the Term Commitments and the Term Loans made thereunder.