Tranche A Exit Facility definition

Tranche A Exit Facility has the meaning set out in the Parent Articles of Incorporation.
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Tranche A Exit Facility means the secured revolving credit facility in the aggregate principal amount of at least $25,000,000 and not more than $75,000,000 established in favour of Solutions pursuant to a certain credit agreement dated May 1, 2003 between inter alia, Solutions and JP Morgan Chase Bank as agent, as amended, restated or supplemented from time to time and includes any hedging arrangements entered into by Solutions in accordance with the provisions of such credit agreement;
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Tranche A Exit Facility means the secured revolving credit facility, in the aggregate principal amount of at least $25,000,000 and not more than $75,000,000, established in favour of the Borrower as contemplated in Section 7.3(c)(i) of the Plan of Arrangement, and includes any Permitted Additional Exit Facility Debt.
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Examples of Tranche A Exit Facility in a sentence

  • The right to participate in Tranche A of the Exit Facility up to its Pro Rata share of $30,000,000 of new money in exchange for an equal amount of Tranche A Exit Facility Notes.

  • The terms of the Tranche A Exit Facility Notes, Tranche B Exit Facility Notes, and Tranche C Exit Facility Notes shall include (i) interest of LIBOR + 9.50% paid in kind for the first year, (ii) original issue discount of 3.00%, (iii) 4 year term, and (iv) no amortization.

  • The terms of the Tranche A Exit Facility Notes, Tranche B Exit Facility Notes, and Tranche C Exit Facility Notes shall include (i) interest of LIBOR + 9.50% paid in kind for the first year,(ii) original issue discount of 3.00%, (iii) 4 year term, and (iv) no amortization.

  • The entering into of this Agreement does not constitute a novation and the Original Tranche A Exit Facility Agreement, as amended, supplemented and restated by this Agreement, continues to constitute the Tranche A Exit Facility.

  • Guides and examples of good practice produced by the Commission, Member States, social partners, or other initiatives, such as the Social Dialogue "Agreement on Workers' Health Protection Through the Good Handling and Use of Crystalline Silica and Products Containing it" (NEPSi) are valuable and necessary instruments to complement regulatory measures and in particular to support the effective implementation of limit values and should therefore be given serious consideration.

  • Furthermore, each Lender, the Borrower and the Parent (i) acknowledges that XXXxxxxx Xxxxx Xxxx, Xxxxxxx Branch, is administrative agent and collateral agent under each of this Agreement, the Tranche A Exit Facility Agreement and the Tranche B-Term Loan A Credit Agreement, and that conflicts may arise as a result of such multiple roles, and (ii) waives and releases JPMorgan Chase Bank, Toronto Branch, from all liability whatsoever resulting from any such conflict.

  • The right to participate in Tranche A of the Exit Facility up to its Pro Rata share of $[●] of new money in exchange for an equal amount of Tranche A Exit Facility Notes.

  • The right to participate in Tranche A of the Exit Facility up to itsPro Rata share of $[●] 30,000,000 of new money in exchange for an equal amount of Tranche A Exit Facility Notes.

  • The Tranche A Exit Facility Agreement and the Tranche C Credit Agreement shall have been executed and delivered by the parties thereto and all conditions thereunder shall have been satisfied or waived.

  • The Amended and Restated Tranche A Exit Facility Agreement dated as of March 17, 2004 among Microcell Solutions Inc., as Borrower, Microcell Telecommunications Inc., as Parent, the Lenders parties thereto, XXXxxxxx Xxxxx Xxxx, Xxxxxxx Branch, as Administrative Agent, Collateral Agent and Issuing Bank, X.X. Xxxxxx Securities Inc., as sole bookrunner and joint lead arranger, and Credit Suisse First Boston, as syndication agent and joint lead arranger.

Related to Tranche A Exit Facility

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

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

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, intercreditor agreements, subordination agreements, fee letters, and other security documents.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Exit Facility Agent means the agent under the Exit Facility.

  • New Credit Facility is defined in Section 9.8.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Exit Facilities means, collectively, the Exit ABL Facility and the Exit Term Loan Facility.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Tranche A Commitment means, with respect to each Lender, the commitment of such Lender to make Tranche A Loans hereunder as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Tranche A Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09, (b) increased from time to time pursuant to Section 2.26 and (c) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche A has the meaning assigned in Section 2.1(c)(i).