Term Facility definition

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.
Term Facility means the Term Loans provided to or for the benefit of the Borrower pursuant to the terms of this Agreement.
Term Facility means the Term B Facility and/or any or all of the Incremental Term Facilities.

Examples of Term Facility in a sentence

  • Use commercially reasonable efforts to obtain (and maintain in effect) a public corporate family and/or public corporate credit rating, as applicable, and public ratings in respect of the Initial Term Facility and the 2022 Incremental Term B-2 Loans, in each case provided pursuant to this Agreement, in each case, from Moody’s and one of Fitch Ratings, Inc.


More Definitions of Term Facility

Term Facility means, at any time, the aggregate amount of the Term LendersTerm Commitments at such time.
Term Facility means the Term Commitments and the Term Loans made thereunder.
Term Facility the Term Commitments and the Term Loans made thereunder.
Term Facility means, at any time, the aggregate principal amount of the Term Loans of all Term Lenders of the applicable Class outstanding at such time.
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.
Term Facility as defined in the definition of “Facility”.
Term Facility means a facility in respect of any Term Loan Tranche (including any Term Commitment Increase with respect to any Term Loan Tranche), as the context may require.