Bank Loan Facility definition

Bank Loan Facility the construction and term credit facility provided by the Banks to the Borrower pursuant to Section 3 of the Project Loan Agreement, under which the Banks will make Bank Loans from time to time in accordance with the terms thereof.
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Bank Loan Facility means that certain Credit Agreement dated as of June 12, 2007, by and among HOLDINGS, certain SUBSIDIARIES of HOLDINGS, the financial institutions from time to time parties thereto and LaSalle Bank National Association, as Administrative Agent, Sole Lead Arranger, Issuing Lender and Swing Line Leader, and the documents, instruments and agreements executed and delivered in connection therewith, as all of the same may be amended, restated, supplemented or otherwise modified from time to time, and any credit agreement or other agreement or agreements relating to any refinancing, extension, renewal or replacement, in whole or in part, thereof.
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Examples of Bank Loan Facility in a sentence

  • The Borrower will not (i) enter into any new Bank Loan Facility with an aggregate principal amount in excess of $100,000,000 having a maturity date prior to the Maturity Date or (ii) modify, amend or refinance any Bank Loan Facility with an aggregate principal amount in excess of $100,000,000 existing on the Closing Date, the effect of which is to shorten the maturity date of such Debt to a date prior to the Maturity Date.

  • The credit facilities provided by the Lenders to the Borrower under this Agreement (the "Credit Facilities") shall consist of (a) the Bank Loan Facility, (b) the Institutional Loan Facility, (c) the VP Letter of Credit Facility and (d) the Bond Letter of Credit Facility.

  • Security for Bank Loan Facility - Two related parties of Specified Directors, Eastfall Pty Limited and Elabrook Pty Limited, provide security for the QQQ System Pty Limited bank facility referred to in note 16.

  • TERMS AND CONDITIONS Secured Bank Loan Facility At the reporting date, the Company had access to an undrawn $10 million bank loan facility with the ANZ Bank.

  • On 27 December 2017 The Company has paid off the loan with Mayapada.As of 31 December 2017, 2016 and 2015, the outstanding balance amounted to nil, Rp 154,500,000,000 and Rp 120,000,000,000, respectively.PT Bank Capital Indonesia Tbk (BCI) CompanyThe loan from BCI represents credit facility with a maximum amount of Rp 50,000,000,000 was based on Bank Loan Facility Agreement which was drawn up in Notarial deed No. 47 of Sianny, S.H., dated 11 May 2010.

  • TERMS AND CONDITIONS Secured Bank Loan Facility The Company’s secured bank loan facility with a limit of $120 million matures in April 2018.

  • A Specific Condition of the Bank Loan Facility is that if the School fails to meet any of the covenants of the Loan Agreement the Bank may require the School to repay all or part of the Facility Amount Owing at any time and that the School must repay the amount required by the Bank on demand.

  • A Wald test for βˆP KT (ψ) = 0 was used to identify the value of the parameter vector ψ with 95% confidence intervals.As the backtransformed censoring time depends on the covariates, we repeated this estimation process using artificial censoring to avoid informative censoring [46].

  • Loan Arrangements Senior Facilities Leader Alpha Bank Loan Facility On March 6, 2015, we entered into a $8.75 million secured floating interest rate loan facility with Alpha Bank A.E. to partly finance the acquisition of the Leadership, referred to as the Leader Alpha Bank Loan Facility.

  • The Bank Loan Facility is being negotiated and the final form of that agreement is not known.


More Definitions of Bank Loan Facility

Bank Loan Facility means that certain Credit Agreement dated as of December 22, 2003, by and among GLDD Acquisitions Corp., HOLDINGS, certain corporate affiliates thereof, the financial institutions from time to time parties thereto and Bank of America, N.A., as administrative agent to such financial institutions, and the documents, instruments and agreements executed and delivered in connection therewith, as all of the same may be amended, restated, supplemented or otherwise modified from time to time, and any credit agreement or other agreement or agreements relating to any refinancing, extension, renewal or replacement, in whole or in part, thereof.
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Bank Loan Facility a term loan facility or similar agreement entered into by the Borrower or any Subsidiary for the purpose of financing the Closing Date Acquisition that is subject to conditions precedent to funding that are no more restrictive to the Borrower than the conditions set forth herein to the funding of the Loans hereunder; provided that, for the avoidance of doubt, in no event shall the Existing Credit Agreement be deemed to be a Bank Loan Facility.
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Bank Loan Facility means that certain Credit Agreement dated as of even date herewith, by and among HOLDINGS, certain corporate affiliates thereof, the financial institutions from time to time parties thereto, and Bank of America National Trust and Savings Association, as administrative agent to such financial institutions, and the documents, instruments and agreements executed and delivered in connection therewith, as all of the same may be amended, restated, supplemented or otherwise modified from time to time and any credit agreement or other agreement or agreements relating to any refinancing, extension, renewal or replacement, in whole or in part, thereof.
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Bank Loan Facility means that certain Credit Agreement dated as of June 12, 2007, by and among HOLDINGS, certain SUBSIDIARIES of HOLDINGS, the financial institutions from time to time parties thereto and LaSalle Bank National Association, as Administrative Agent, Sole Lead Arranger, Issuing
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Bank Loan Facility means that certain Credit Agreement dated as of December 22, 2003, by and among GLDD Acquisitions Corp., HOLDINGS, certain corporate affiliates thereof, the financial institutions from time to time parties thereto and Bank of America, N.A., as administrative agent to such financial institutions, and the documents, instruments and agreements executed and delivered in connection therewith, as all of the same may be amended, restated, supplemented or otherwise modified from time to time, and any credit agreement or
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Bank Loan Facility. As defined in the Recitals.
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Related to Bank Loan Facility

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

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

  • Bank Loan has the meaning specified in Annex C.

  • 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.

  • New Credit Facility is defined in Section 9.8.

  • Senior Credit 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.

  • Second Lien Bank Loan means a Bank Loan that is entitled to the benefit of a second lien and second priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.

  • 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.

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a syndicated loan or credit facility.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • First Lien Last Out Loan Any Collateral Obligation that would be a Senior Secured Loan except that, following a default, such Collateral Obligation becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of March 25, 2010, among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

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

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.