Definition of Term Loan Financing Facility

  1. Term Loan Financing Facility means the term loan facility established pursuant to the Term Loan Agreement in a principal amount not to exceed $900,000,000, as amended, modified, supplemented, refinanced or replaced from time to time to the extent permitted pursuant to SECTION 6.09 hereof, provided that any such refinancing shall not increase the outstanding principal amount thereof in excess of the amounts permitted under the Term Loan Agreement as in effect on the Effective Date or result in an earlier maturity date or decreased weighted average life thereof, is subject to the terms of the Intercreditor Agreement and otherwise satisfies the requirements of a Permitted Refinancing hereunder.

Examples of Term Loan Financing Facility in a sentence

  1. A payments of principal (including mandatory prepayments) and interest as and when due in respect of any Permitted Indebtedness (other than Subordinated Indebtedness) and (B) as long as the Payment Conditions are satisfied, prepayments of Permitted Indebtedness (other than the Term Loan Financing Facility, Indebtedness due to the Sponsor or any of its Affiliates (other than Indebtedness due to any of the Loan Parties or their Subsidiaries) or Subordinated Indebtedness);

Definition of Term Loan Financing Facility in Amended and Restated Credit Agreement

Term Loan Financing Facility means the term loan facility established pursuant to the Term Loan Agreement in a principal amount not to exceed $900,000,000, as amended, modified, supplemented, refinanced or replaced from time to time to the extent permitted pursuant to SECTION 6.09 hereof, provided that any such refinancing shall not increase the outstanding principal amount thereof in excess of the amounts permitted under the Term Loan Agreement as in effect on the Effective Date or result in an earlier maturity date or decreased weighted average life thereof, is subject to the terms of the Intercreditor Agreement and otherwise satisfies the requirements of a Permitted Refinancing hereunder.