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 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 Tranche A Exit Facility Agreement, as amended and restated, and the Tranche B-Term Loan A Credit Agreement shall have been executed and delivered by the parties thereto, in form and substance satisfactory to the Administrative Agent, and all conditions thereunder shall have been satisfied or waived.

  • The Tranche A Exit Facility Agreement, as amended and restated, and the Tranche B-Term Loan B Credit Agreement shall have been executed and delivered by the parties thereto, in form and substance satisfactory to the Administrative Agent, 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.

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

  • 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.

  • If any such notice is given, the amount specified in such notice shall be due and payable on the date specified in such notice, together with any amounts payable pursuant to Section 2.10 of the Tranche A Exit Facility Agreement or Section 2.10 of the Tranche B Credit Agreements, as applicable.

  • Any obligations of the Borrower under any U.S.$ Xxxxxx entered into with any of the Tranche A Lenders or under Swap Agreements to manage interest rate exposure entered into with any of the Tranche A Lenders shall be secured by the security instruments created in favour of the Tranche A Lenders, pari passu with the other obligations of the Borrower under the Tranche A Exit Facility Agreement, which security instruments rank pari passu with the Security Documents.

  • 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.

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 the Exit Facility, the Exit Facility Commitment Letter, and any other guarantee, security, and relevant documentation with respect to the Exit Facility, each in form and substance acceptable to the Debtors and the Requisite Creditors.

  • 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, if any, of such Lender to make a Tranche A Term Loan hereunder on the Effective Date, expressed as an amount representing the maximum principal amount of the Tranche A Term Loan to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender’s Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders’ Tranche A Commitments is $100,000,000.

  • 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 means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

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