Term Loan Facilities definition

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

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 Tranche B-1 Term Facility and the Tranche B-2 Term 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.

• On the Initial Borrowing Date, the Facility Agent shall have received evidence, in form and substance reasonably satisfactory to the Facility Agent, that the Borrower shall have funded from cash on hand an amount equal to 1% of the Initial Construction Price for the Vessel (other than from the proceeds of Loans and loans under the Term Loan Facilities).

• Moreover, financial markets contended with risks stemming from Italy’s proposed budget deficit as well as the potential contagion effects of Turkey’s debt crisis on the European Banking sector.

• 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.

• 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 collectively, the Jewel Credit Facility and the Jade Credit Facility.

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

Term Loan Facilities means the credit facilities comprising the Term Loan Commitments.

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 the collective reference to the Term Loan Facility and the Incremental 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.