Definition of Term Loan Financing Facility


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.
Sample 1

Examples of Term Loan Financing Facility in a sentence

Acquisition Charges means the transaction costs, fees and expenses incurred in connection with the BCFWC Acquisition and the financing therefor (including those related to this Agreement, the Senior Notes, the Holdco Notes, or the Term Loan Financing Facility and the costs and expenses paid as retention bonuses in connection with the BCFWC Acquisition in an amount not to exceed the amounts set forth on Schedule 1.1(c)).
Term Loan Collateral Agent shall mean JPMorgan Chase Bank, N.A., in its capacity as Collateral Agent under the Term Loan Financing Facility, and its successors and permitted assigns.
In addition, as used herein, the following terms shall have the following meanings: Intercreditor Agreement means that certain Intercreditor Agreement dated as of the date hereof by and among the Administrative Agent, the Collateral Agent, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent under the Term Loan Financing Facility, and the Loan Parties.
The Security Interest is and shall be prior to any other Lien on any of the Collateral, subject only to (i) with respect to the Term Loan Priority Collateral only, Permitted Encumbrances under the Term Loan Financing Facility, and (ii) other Permitted Encumbrances having priority by operation of Applicable Law.
Intercreditor Agreement means that certain Intercreditor Agreement dated as of the date hereof by and among the Administrative Agent, the Collateral Agent, Bear Stearns Corporate Lending Inc., as administrative agent and collateral agent under the Term Loan Financing Facility, and the Loan Parties.