Term Loan Refinancing definition

Term Loan Refinancing means either (i) a Term Loan Repayment or (ii) the refinancing (with an extension of maturity of at least one year) of the Term Loan.

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Term Loan Refinancing means the repayment in full of all of the obligations of the Borrower and its Subsidiaries under the Existing Term Loan Facility, the termination or release, as applicable of all guarantees and all security interests and liens, in each case arising under or in connection therewith, and the Borrower and its Subsidiaries having no further obligations or liabilities with respect thereto.

Term Loan Refinancing has the meaning specified in the preliminary statements hereto.

Examples of Term Loan Refinancing in a sentence

Each Incremental Term Loan, Refinancing Revolving Loan, Refinancing Term Loan, Extended Revolving Loan and Extended Term Loan shall bear interest at the rate set forth in the applicable Facility Amendment.
Further, upon request of the Borrower, the Administrative Agent shall enter into, or amend, any Intercreditor Agreement to permit the incurrence of Term Loan Refinancing Indebtedness, any Specified Indebtedness pursuant to Section 2.18 or any other Specified Indebtedness permitted to be secured by the Collateral hereunder.
The Term Loan Refinancing shall have been consummated or arrangements reasonably satisfactory to the Administrative Agent shall have been made for the consummation thereof.
It is further acknowledged and agreed that no Discharge of Obligations has occurred for purposes of any Loan Document, whether in connection with this Agreement, the Credit Agreement, the Term Loan Refinancing or the other transactions contemplated hereby.
Nothing in this Agreement shall be construed as a release or other discharge of Holdings, the Borrower or any other Loan Party from any of its obligations and liabilities under the Existing Credit Agreement or the other Loan Documents (other than the Existing Term Loans after giving effect to the Term Loan Refinancing contemplated hereby), all of which are continued on the terms set forth in the Credit Agreement.

More Definitions of Term Loan Refinancing

Term Loan Refinancing means the prepayment in full of the Existing Term Loans with the proceeds of the Tranche A Term Loans and Tranche B Term Loans.

Term Loan Refinancing means (i) the repayment (including by conversion to Term B1 Loans) of the Existing Term B1 Loans on the Amendment No. 1 Effective Date and (ii) the repayment (including by conversion to Term B2 Loans) of the Existing Term B2 Loans on the Amendment No. 1 Effective Date.

Term Loan Refinancing has the meaning set forth in the Recitals.

Term Loan Refinancing means any new term loan borrowed pursuant to Section 2.09(d) the proceeds of which are used to prepay the Term Loans and such prepayment is made on the date such new term loan is incurred pursuant to the terms hereof.

Term Loan Refinancing means the repayment or the refinancing, extension, modification, renewal, replacement or refunding of all outstanding Term Loans that have a Maturity Date of March 16, 2024 and Second Lien Loans that have a maturity date of March 16, 2025 (other than up to $240 million in principal amount of such Term Loans and/or Second Lien Loans) with other Indebtedness, in each case, that has a final maturity date of no earlier than 91 days after the Post-IPO Maturity Date.

Term Loan Refinancing means the prepayment made on or about the Closing Date of the principal amount of the Term Loan Obligations in an amount not to exceed $200,000,000 with the proceeds of Revolving Advances.

Term Loan Refinancing means each of (a) the consummation of the refinancing of the Indebtedness outstanding under the Existing First Lien Term Loan Facility, and (b) the consummation of the refinancing of the Indebtedness outstanding under the Existing Second Lien Term Loan Facility, in each case, by the incurrence of the loans under the Term Loan Facility on the Amendment Effective Date.