Term Loan Credit Facility definition

Term Loan Credit Facility means the term credit facilities provided under the Term Loan Credit Documents;
Term Loan Credit Facility means both the Term Loan D Facility due 2019 and the Term Loan E Facility due 2019
Term Loan Credit Facility means (i) the Senior Secured Term Loan Credit Agreement dated as of August 31, 2012 among the Borrower, the lenders party thereto and ING Capital LLC, as administrative agent (the “Existing Term Loan Credit Agreement”) and (ii) any amendment, modification, supplement, amendment and restatement, extension, refinancing or replacement of the Existing Term Loan Credit Agreement, provided that any such amendment, modification, supplement, amendment and restatement, extension, refinancing or replacement (a) has no amortization prior to, and a final maturity date not earlier than, six months after the Maturity Date, (b) is incurred pursuant to documentation containing other terms (including financial and other covenants, covenants regarding the borrowing base, if any, portfolio valuations, and events of default, but excluding interest) that are no more restrictive in any material respect upon the Borrower and its Subsidiaries, while the Commitments are outstanding, than those set forth in the Existing Term Loan Credit Agreement and (c) is not secured by any assets of any Obligor other than pursuant to the Security Documents and the holders of which, or the agent, trustee or representative of such holders, have agreed to either (x) be bound by the provisions of the Security Documents by executing the joinder attached as Exhibit E to the Guarantee and Security Agreement or (y) be bound by the provisions of the Security Documents in a manner reasonably satisfactory to the Administrative Agent and the Collateral Agent.

Examples of Term Loan Credit Facility in a sentence

  • The Company incurred $26 million of deferred finance costs associated with the Term Loan Credit Facility that will be amortized over the term of the loan.

  • Notwithstanding anything in this Agreement to the contrary, termination by the Consenting Sponsors shall constitute termination by any Affiliate of a Consenting Sponsor that holds Term Loan Credit Facility Claims or PGN Claims unless otherwise agreed to by the Consenting Sponsor.

  • In this regard, it is understood and agreed that any Consenting Stakeholder may trade in the Company Claims/Interests without the consent of the Company Parties, any other Consenting Stakeholder, subject to applicable securities laws, the terms of this Agreement, and the terms of the Term Loan Credit Facility, PGNs, or 2021 Notes, as applicable; provided, however, that no Consenting Stakeholder shall have any responsibility for any such trading to any other entity by virtue of this Agreement.

  • This Term Loan Credit Facility has an interest rate of LIBOR + 2.5%, which was approximately 2.75% at December 31, 2010.

  • Class 7 consists of all Macquarie Term Loan Credit Facility Claims.


More Definitions of Term Loan Credit Facility

Term Loan Credit Facility means the term loan credit facility established pursuant to Article II, but excluding the Revolving Credit Facility, the Swingline Facility, and any Incremental Term Loan Facility.
Term Loan Credit Facility means the Term Loan Agreement dated as of June 27, 2006 by and among Company, DB, as administrative agent and the lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time in accordance with the terms hereof.
Term Loan Credit Facility means the credit facility evidenced by the Term Loan Credit Agreement and the subsidiary guarantees and other instruments, documents and agreements executed or delivered in connection therewith.
Term Loan Credit Facility means the Amended and Restated Senior Secured Term Loan Credit Agreement, dated as of August 19, 2015, among the Borrower, the lenders party thereto and ING Capital LLC, as administrative agent.
Term Loan Credit Facility means any credit agreement governing Indebtedness (other than Indebtedness hereunder) of the Borrower (which may be Guaranteed by Subsidiary Guarantors), that has been designated in writing as the Term Loan Credit Facility by the Borrower with the written consent of the Administrative Agent and the Required Lenders in their sole discretion; provided, that such Indebtedness (i) has no amortization prior to, and a final maturity date not earlier than, six months after the Maturity Date, (ii) is incurred pursuant to documentation containing other terms (including financial and other covenants, covenants regarding the borrowing base, if any, portfolio valuations, and events of default, but excluding interest) that are no more restrictive in any material respect upon the Borrower and its Subsidiaries, while the Commitments are outstanding, than those set forth in this Agreement and (iii) is not secured by any assets of any Person other than any asset of any Obligor pursuant to the Security Documents and the holders of which, or the agent, trustee or representative of such holders, have agreed to either (x) be bound by the provisions of the Security Documents by executing the joinder attached as Exhibit E to the Guarantee and Security Agreement or (y) be bound by the provisions of the Security Documents in a manner reasonably satisfactory to the Administrative Agent and the Collateral Agent. For the avoidance of doubt, Term Loan Credit Facility shall also include any amendment, modification, supplement, amendment and restatement, refinancing, refunding, renewal or extension of any Term Loan Credit Facility so long as such refinanced, refunded, renewed or extended Indebtedness continues to satisfy the requirements of this definition.
Term Loan Credit Facility means the Term Loan Credit Agreement and any other term loan Credit Agreement, provided that the obligations under such other term loan Credit Agreement have been designated as Additional Secured First Lien Obligations pursuant to and in accordance with Section 6.10 hereto
Term Loan Credit Facility means (i) the Amended and Restated Senior Secured Term Loan Credit Agreement, dated as of the date hereof, among the Borrower, the lenders party thereto and ING Capital LLC, as administrative agent (the “Existing Term Loan Credit Agreement”) and (ii) any amendment, modification, supplement, amendment and restatement, extension, refinancing or replacement of the Existing Term Loan Credit Agreement, provided that any such amendment, modification, supplement, amendment and restatement, extension, refinancing or replacement (a) has no amortization prior to, and a final maturity date not earlier than, the Maturity Date, (b) is incurred pursuant to documentation containing other terms (including financial and other covenants, covenants regarding the borrowing base, if any, portfolio valuations, and events of default, but excluding interest) that are no more restrictive in any material respect upon the Borrower and its Subsidiaries, while the Commitments are outstanding, than those set forth in the Existing Term Loan Credit Agreement and (c) is not secured by any assets of any Obligor other than pursuant to the Security Documents and the holders of which, or the agent, trustee or representative of such holders, have agreed to either (x) be bound by the provisions of the Security Documents by executing the joinder attached as Exhibit E to the Guarantee and Security Agreement or (y) be bound by the provisions of the Security Documents in a manner reasonably satisfactory to the Administrative Agent and the Collateral Agent.