Senior Bank Facility definition

Senior Bank Facility means the loan of [AMOUNT AND CURRENCY] and letter of credit facility to be made available pursuant to the facility agreement made between the Concessionaire, [LENDERS] and bearing even date herewith.
Senior Bank Facility means the credit facility, comprised of a revolving term facility and a revolving working capital facility, pursuant to the credit agreement (as amended) between Compton, as borrower, certain Canadian chartered banks and other financial institutions, as lenders, and Bank of Montreal, as administrative agent, dated August 15, 2007, as such will be amended pursuant to the Recapitalization.
Senior Bank Facility means the secured senior loan facility comprising Tranche S1 and Tranche S2 prior to the Satisfaction Date and thereafter consolidated into a single senior facility made available by the Senior Lenders (apart from IFC) under the Senior Bank Facility Agreement.

Examples of Senior Bank Facility in a sentence

  • In November 1998, the Company replaced its then existing secured revolving credit and term loan facility with a new facility ("Senior Bank Facility").

  • The Senior Bank Facility requires the Company to maintain certain amounts of net equity and prohibits the payment of dividends.

  • A matrix was developed [attached] that was used to coordinate existing and proposed NSMHA funded school based mental health services with similar county funded services.

  • The availability under the revolving portion of the Senior Bank Facility is dependent on the borrowing base.

  • The Senior Bank Facility is secured by the Company's accounts receivable, inventory, 66% of its stock in its foreign subsidiaries and the other assets (excluding real property) of the Company.


More Definitions of Senior Bank Facility

Senior Bank Facility means the CIT Facility or a credit facility on substantially the same terms as the CIT Facility, including a first lien on Tembec’s working capital assets, a second lien on Tembec’s fixed assets (if agreed to by Tembec and the lender) and any other reasonable modifications requested by CIT or the replacement lender, as the case may be, and consented to by JPMorgan, acting reasonably.
Senior Bank Facility means the Credit Agreement for $175,000,000, dated as of April 29, 0000, xxxxxxx Xxxxxxxx Xxxxxxx Industries, Inc. and Chase Manhattan Bank.
Senior Bank Facility means our Multicurrency Credit Agreement, dated as of October 14, 1998, as it may be amended or restated from time to time.
Senior Bank Facility means the Credit Agreement, dated as of May 14, 1998, among the Company, as borrower, the lenders listed therein, as lenders, Bankers Trust Company, as administrative agent and co-syndication agent and Bank of America NT&SA, The Bank of New York and Credit Suisse First Boston, as co-syndication agents, as it may be amended or restated from time to time, and any renewal, extension, refinancing, refunding or replacement thereof.
Senior Bank Facility means any senior commercial term loan and/or revolving credit facility (including any letter of credit subfacility) entered into principally with commercial banks and/or other financial institutions typically party to commercial loan agreements.
Senior Bank Facility means the senior bank loan and guarantee facility, dated August 5, 1996, between Jewel Holdings Limited, NatWest Capital Markets and the other parties
Senior Bank Facility means the credit facility, comprised of a revolving term facility and a revolving working capital facility, pursuant to the credit agreement (as amended) between Xxxxxxx, as borrower, certain Canadian chartered banks and other financial institutions, as lenders, and Bank of Montreal, as administrative agent, dated August 15, 2007, as such will be amended pursuant to the Recapitalization;