Term Facility A definition

Term Facility A means a term loan facility made available under this Agreement as described in Clause 2.1(a).
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Term Facility A means the Term Facility to be entered into on the Plan Effective Date by the RBL Lenders that have elected Option 1, having the terms set forth on Annex A to this Plan Term Sheet. It is understood that if all RBL Lenders elect Option 1, the principal amount of the Term Facility A shall be in the aggregate amount of $125 million, and if any RBL Lenders elect Option 2, such $125 million amount shall be reduced dollar for dollar by the amount of such $125 million that would otherwise have been attributable to Option 2 RBL Lenders had they elected Option 1. Contemporaneously with the issuance of the Term Facility A, certain Consenting Senior Note Holders will, pursuant to the Backstop Commitment Agreement, purchase in cash, and the RBL Lenders that have elected Option 1 will sell, $31.25 million in principal amount of Term Facility A, at par, based on their Option 1 Pro Rata Share; provided, however, that such $31.25 million in principal amount of Term Facility A to be purchased shall not be subject to any reduction for the RBL Lenders, if any, that elect Option 2 or otherwise.
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Term Facility A means the Term Facility to be entered into on the Plan Effective Date by the RBL Lenders that have elected Option 1, having the terms set forth on Annex A to this Plan Term Sheet. It is understood that if all RBL Lenders elect Option 1, the principal amount of the Term Facility A shall be in the aggregate amount of $125 million, and if any RBL Lenders elect Option 2, such $125 million amount shall be reduced dollar for dollar by the amount of such $125 million that would otherwise have been attributable to Option 2 RBL Lenders had they elected Option 1. Contemporaneously with the issuance of the Term Facility A, certain Consenting Senior Note Holders will, pursuant to the Backstop Commitment Agreement, purchase in cash, and the RBL Lenders that have elected Option 1 will sell, $31.25 million in principal amount of Term Facility A, at par, based on their Option 1 Pro Rata Share; provided, however, that such $31.25 million in principal amount of Term Facility A to be purchased shall not be subject to any reduction for the RBL Lenders, if any, that elect Option 2 or otherwise. “Alternative Term Loan” shall mean the Alternative Term Loan to be received by the Option 2 RBL Lenders having the terms set forth on Annex B to this Plan Term Sheet or as set forth in the Plan Supplement. The Alternative Term Loan shall be in the aggregate principal amount of the sum of (a) the Lender Paydown, (b) the Revolving Facility commitment, and (c) the portion of the Term Facility A in each case the Option 2 RBL Lenders would have received under the Plan had they elected Option 1.
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Examples of Term Facility A in a sentence

  • For and on behalf of STATE BANK OF INDIA (ACTING THROUGH ITS JOHANNESBURG BRANCH) /s/▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ____________________________ Signatory: ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Capacity: Authorised Signatory VICE PRESIDENT, SYNDICATIONS Who warrants authority Term Facility A Agreement_Execution SIGNED at London on this the 9th day of May 2022.

  • For and on behalf of BANK OF CHINA LIMITED, JOHANNESBURG BRANCH /s/▇▇▇▇ ▇▇▇▇▇ ____________________________ Signatory: ▇▇▇▇ ▇▇▇▇▇ - Acting Assistant General Manager Capacity: Authorised Signatory Who warrants authority hereto /s/▇▇▇▇▇ ▇▇▇▇▇ ____________________________ Signatory: ▇▇▇▇▇ ▇▇▇▇▇ Capacity: Authorised Signatory Who warrants authority hereto Term Facility A Agreement_Execution SIGNED at London on this the 25th day of May 2022.

  • This Agreement is a Senior Facility Agreement and the Senior Term Facility A Agreement.

  • All Borrowings of Term Loans and Revolving Loans shall be incurred from the Lenders pro rata on the basis of their Term Facility A Commitments, Term Facility B Commitments, or Revolving Loan Commitments, as the case may be.

  • For and on behalf of HSBC BANK PLC - JOHANNESBURG BRANCH /s/▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ____________________________ Signatory: Capacity: Authorised Signatory Who warrants authority Term Facility A Agreement_Execution SIGNED at Johannesburg on this the 25th day of May 2022.

  • If all Term Facility A Loans have been satisfied, the entire amount of Mandatory Prepayments shall be applied to Term Facility B Scheduled Repayments.

  • The Term Facility A Commitments which, at that time, are unutilised shall be immediately cancelled at the end of the Availability Period for the Term Facility A.

  • For and on behalf of HARMONY GOLD MINING COMPANY LIMITED /s/Boipelo Lekubo ____________________________ Signatory: Boipelo Pride Lekubo Capacity:Financial Director Who warrants authority hereto /s/▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ____________________________ Signatory: ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Capacity: Chief Executive Officer Who warrants his authority hereto Term Facility A Agreement_Execution SIGNED at UK on this the 25th day of May 2022.

  • For and on behalf of FIRSTRAND BANK LIMITED (ACTING THROUGH ITS RAND MERCHANT BANK DIVISION) /s/▇▇▇▇▇▇ ▇▇▇▇▇▇ ___________________ Signatory: Capacity: Authorised Signatory Who warrants authority /s/▇▇▇▇▇▇ ▇▇▇▇▇ _______________________ Signatory: Capacity: Authorised Signatory Who warrants authority Term Facility A Agreement_Execution SIGNED at Johannesburg on this the 25th day of May 2022.

  • For and on behalf of ▇▇▇▇▇▇▇ ▇▇▇▇▇ INTERNATIONAL BANK /s/▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ____________________________ Signatory: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Capacity: Authorised Signatory Term Facility A Agreement_Execution SIGNED at Pennsylvania on this the 25th day of May 2022.


More Definitions of Term Facility A

Term Facility A means the term facility in the amount of the Term Facility A Amount made available by the Original Lender to the Borrower pursuant to clause 5 (The Term Facility A);
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Term Facility A means the term loan facility A made available under this agreement as described in clause 2.1.1 (The Facilities).
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Related to Term Facility A

  • 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 Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Term Facilities means the Term A Facility and the Term B Facility.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.