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 Commitments and the Term Loans made thereunder.
Term Facility means the Term B Facility and/or any or all of the Incremental Term Facilities.

Examples of Term Facility in a sentence

  • Holdings will use commercially reasonable efforts to cause (a) the Borrower to continuously have a public corporate credit rating from S&P and a public corporate family rating from Xxxxx’x (but not to maintain a specific rating) and (b) the Term Facility to be continuously rated by each of S&P and Xxxxx’x (but not to maintain a specific rating).


More Definitions of Term Facility

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, 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 the Term Commitments and the Term Loans made thereunder.
Term Facility means, at any time, the aggregate amount of the Term LendersTerm Commitments at such time.
Term Facility means (a) at any time prior to the last day of the Availability Period in respect of such Facility, the aggregate amount of the Term Commitments at such time and (b) at any time thereafter, the Outstanding 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) on 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.