Term Loan Facilities definition

Term Loan Facilities the collective reference to the Tranche A Term Loan Facility and the Tranche B Term Loan Facility.

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

Term Loan Facilities means the Initial Term Loan Facility and the Incremental Term Loan Facility.

Examples of Term Loan Facilities in a sentence

• Unsecured Term Loan Facilities In the second quarter of 2018, Choice Properties obtained $800 million through two unsecured term loan facilities, one $175 million 4-year unsecured term loan provided by a syndicate of lenders maturing May 4, 2022 and one $625 million 5-year unsecured term loan provided by a syndicate of lenders maturing May 4, 2023.

• The Term Loan Facilities act as revolving loan facilities that can be paid down as assets are repaid or sold and re-drawn upon for new investments.

• Without limiting the foregoing, the Term Loan Facilities shall continue in effect for the purposes of (a) permitting the agents and arrangers thereunder to make distributions on account of the First Lien Term Loan Claims and Second Lien Term Loan Claims and (b) retaining any and all rights and claims of the agents and the arrangers thereunder against the Term Lenders.

• Administrative Agent shall promptly notify Borrower, Lenders (including, without limitation, any Eligible Assignee becoming a Lender) and lenders under the Incremental Term Loan Facilities of the final allocation of such increase and the Increase Effective Date.

• The Company agreed to guarantee certain obligations under the Term Loan Facilities, which contain representations, warranties, covenants, conditions precedent to funding, events of default and indemnities that are customary for agreements of this type.

More Definitions of Term Loan Facilities

Term Loan Facilities means (a) the loans made pursuant to the Term Credit Agreement on the Closing Date, (b) any term loan incremental facilities permitted to be incurred in accordance with the terms of the Term Credit Agreement as in effect on the Closing Date, and (c) any Indebtedness incurred under Section 2.21 of the Term Credit Agreement.

Term Loan Facilities means one or more facilities that make available term loan borrowings.

Term Loan Facilities means each of the term loan facilities provided pursuant to the Term Loan Facilities Agreements.

Term Loan Facilities means the term loan facilities contained in the Credit Agreement and any other facility or financing arrangement that Refinances in whole or in part any such term loan facility.

Term Loan Facilities means, collectively, the First Term Loan Facility, the Second Term Loan Facility, the Third Term Loan Facility and the Fourth Term Loan Facility.

Term Loan Facilities the collective reference to the Tranche B Dollar Term Loan Facility, the Tranche B Euro Term Loan Facility and any Incremental Term Loan Facility.

Term Loan Facilities shall have the meaning provided in the recitals hereto.