Bank Loan Facility definition

Bank Loan Facility means any bank term loan or revolving credit facility (which, for the avoidance of doubt, shall exclude any commercial paper program, Capital Lease Obligation, purchase money indebtedness and other similar lines of credit).

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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.

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.

Examples of Bank Loan Facility in a sentence

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.
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 parties intend this Agreement to be legally binding and believe that the terms required to be incorporated herein as a result of the Bank Loan Facility are, or will be, ascertainable and are not unreasonably vague or uncertain as to affect the validity of this Agreement.
The Bank Loan Facility is being negotiated and the final form of that agreement is not known.
The Existing Financing shall have been refinanced pursuant to the Erste Bank Loan Facility on the Closing Date.
On each Payment Date after the Company begins making cash sweep payments under the Bank Loan Facility, the Company shall (in addition to the interest payment pursuant to Section 3.1(a) above) pay an amount equal to 50% of the Company’s semi-annual Mount Hope Free Net Cash Flow to Lender to prepay the outstanding principal amount of the Facilities.
Borrower shall have repaid or obtained amendments on terms reasonably acceptable to the Requisite Lenders with respect to the Standard Chartered Loan Facility and the China Construction Bank Loan Facility sufficient to ensure no default, event of default, or prospective event of default under either such facility has occurred and is continuing.

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.

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.

Bank Loan Facility. As defined in the Recitals.

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.