TLB Facility definition

TLB Facility means the collective reference to the TLB Credit Agreement, any Loan Documents (as defined therein), any notes and letters of credit issued pursuant thereto and any guarantee and collateral agreement, patent and trademark security agreement, mortgages, letter of credit applications and other guarantees, pledge agreements, security agreements and collateral documents, and other instruments and documents, executed and delivered pursuant to or in connection with any of the foregoing, in each case as the same may be amended, supplemented, waived or otherwise modified from time to time, or refunded, refinanced, restructured, replaced, renewed, repaid, increased or extended from time to time (whether in whole or in part, whether with the original administrative agent and lenders or other agents and lenders or otherwise, and whether provided under the original TLB Credit Agreement or one or more other credit agreements, indentures (including this Indenture) or financing agreements or otherwise), except to the extent such agreement, instrument or document expressly provides that it is not intended to be and is not a TLB Facility. Without limiting the generality of the foregoing, the term “TLB Facility” shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.
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TLB Facility means the collective reference to the TLB Credit Agreement, any Loan Documents (as defined therein), any notes and letters of credit issued pursuant thereto and any guarantee and collateral agreement, patent and trademark security agreement, mortgages, letter of credit applications and other guarantees, pledge agreements, security agreements and collateral documents, and other instruments and documents, executed and delivered pursuant to or in connection with any of the foregoing, in each case as the same may be amended, supplemented, waived or otherwise modified from time to time, or refunded, refinanced, restructured, replaced, renewed, repaid, increased or extended from time to time (whether in whole or in part, whether with the original administrative agent and lenders or other agents and lenders or otherwise, and whether provided under the original TLB Credit Agreement or one or more other credit agreements, indentures (including this Indenture) or financing agreements or otherwise), except to the extent such agreement, instrument or document expressly provides that it is not intended to be and is not a TLB Facility. Without limiting the generality of the foregoing, the term “TLB Facility” shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Parent Guarantor as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.
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TLB Facility means that certain prepetition term loan B credit facility under the Prepetition Credit Agreement in the original aggregate principal amount of up to $175,000,000 at any time outstanding.
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Examples of TLB Facility in a sentence

  • The proceeds of the TLA Facility and the TLB Facility will be used to refinance our existing debt and Lake Region debt of $182.5 million and $1.0 billion respectively.

  • The Commitment Letter provides that the Commitment Parties will commit to provide Hill-Rom (i) (A) a $1.0 billion TLA Facility, (B) a $725 million senior secured TLB Facility and (C) a $500 million senior secured Revolving Facility, and (ii) up to a $500 million senior unsecured increasing rate Bridge Facility.

  • New Revolving Facility: ▇▇▇▇▇ ▇▇, ▇▇▇▇ (▇▇) TLA Facility: July 2, 2020 (iii) TLB Facility: July 2, 2020 Eachdate above is referred to herein as a “Maturity Date”.

  • Hill-Rom currently intends to finance the merger and pay related fees and expenses associated therewith with: (i) the Senior Secured Facilities comprised of (A) the $1.0 billion TLA Facility, (B) the $800 million TLB Facility, and (C) the $500 million Revolving Facility; and (ii) a $425 million issue of High Yield Notes.

  • The Second Amendment Incremental Term B USD Loans shall be part of the same Class as the Term B USD Loans under the Credit Agreement and shall have the terms set forth therein (except as otherwise set forth in the Incremental TLB Facility Activation Notice (as defined below)).

  • The weighted average interest rate for TLA Facility, TLB Facility and the amounts outstanding under the Private Offering for all periods presented was approximately 5.20%.

  • Notwithstanding anything to the contrary herein or in the Facilities Documentation, the agreements in this paragraph shall remain in effect notwithstanding the termination of this Fee Letter, the TLB Facility Agreement, the Bridge Facility Agreement or any lender’s commitments thereunder.

  • We intend to finance the Merger and pay related fees and expenses associated therewith with (i) the Senior Secured Credit Facilities comprised of (A) the $1.0 billion TLA Facility, (B) the $800.0 million TLB Facility and (C) the $500.0 million Revolving Credit Facility and (ii) the issuance of notes hereby.

  • The TLB Facility has an original issuance discount of $10.3. This discount will be amortized over the 7 year life of the debt based on the effective interest method.

  • The Commitment Letter provides for commitments, subject to customary and other conditions set forth therein, for a $300 million TLA Facility, which was subsequently increased by $75 million to $375 million on a non-committed basis, a $1.0 billion TLB Facility, which was subsequently increased by $25 million to $1,025 million on a non-committed basis, a $200 million Revolving Credit Facility, and up to a $400 million Bridge Facility.


More Definitions of TLB Facility

TLB Facility. A senior secured term loan B facility (the “TLB Facility”) in US Dollars in an aggregate principal amount of $3,600 million plus, at the Borrower’s election, an amount sufficient to fund any upfront fees or OID required to be funded with respect to the TLB Facility pursuant to the flex provisions of the Fee Letter; provided that, at the election of the Borrower and with the consent of the Arrangers, the TLB Facility (or a portion thereof) may also be denominated in Euros or Sterling. Lenders under the TLB Facility are collectively referred to as “TLB Lenders” and the loans thereunder are collectively referred to as “TLB Loans”.
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TLB Facility means that certain prepetition term loan B credit facility under the Credit Agreement in the original aggregate principal amount of up to $175,000,000 at any time outstanding.
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Related to TLB Facility

  • Facility means the entire operation located on the property where the Equipment is located;

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.