Term Loan Facility definition

Term Loan Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Loan Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Loan Lenders outstanding at such time.
Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

Examples of Term Loan Facility in a sentence

  • The Term FacilityFacilities Administrative Agent shall retain all power, authority and discretion with regard to the Term Loan Facility and the Revolving Facility Administrative Agent shall retain all power, authority and discretion with regard to the Revolving Loan Facility in each case to the extent such power, authority and discretion is delegated to any Administrative Agent under this Agreement.

  • The proceeds of the Term Loan shall be used by Borrower to (a) refinance the existing indebtedness of Borrower under Term Loan Facility (Facility – A) (as defined in the Existing Credit Agreement) and Term Loan Facility (Facility – Equipment) (as defined in the Existing Credit Agreement); and (b) finance the Specified Investment.


More Definitions of Term Loan Facility

Term Loan Facility means the term loan facilities contained in the Credit Agreement and any other facilities or financing arrangements that Refinances in whole or in part any such term loan facility.
Term Loan Facility means the term loan facility established pursuant to Article II.
Term Loan Facility means, at any time, the aggregate principal amount of the Term Loans of all Lenders outstanding at such time.
Term Loan Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Borrower 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.
Term Loan Facility means the Term B Loan Facility and each of the New Term Loan Facilities.
Term Loan Facility means the Term Loan Commitments and the Term Loans made thereunder.
Term Loan Facility means the term loan facility established pursuant to Article IV (including any new term loan facility established pursuant to Section 5.13).