Borrower Refinancing definition

Borrower Refinancing means, the refinancing of all outstanding Indebtedness for borrowed money under the Second Amended and Restated Credit Agreement.
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Borrower Refinancing is defined in Section 5.01(j).
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Borrower Refinancing means the refinancing transactions described in Sections 6.06(a) and (b).
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Examples of Borrower Refinancing in a sentence

  • The proceeds of the Tranche B Loans made on the Effective Date shall be available (and the Borrower agrees that it shall use such proceeds) solely to finance the Borrower Refinancing.

  • The Administrative Agent, on behalf of each of the Lenders who has agreed to this Amendment and executed its signature line below on or prior to February 6, 2004, shall have received an amendment fee in aggregate amount equal to 0.25% of each such Lender's outstanding principal amount of its Term B2 Loans (after giving effect to the prepayments under Section 2.10(b) in connection with the incurrence of the Holding Company Notes Borrower Refinancing Indebtedness).

  • Lender’s ability to assign, sell or transfer all of any part of this Agreement shall be governed by the Loan Agreement; provided however, notwithstanding anything in the Loan Agreement to the contrary, there shall be no limitations on the Lender’s right to assign its right, title and interest in and to the Borrower Sale Fee or the Borrower Refinancing Fee (as each term is defined in the Eleventh Amendment).

  • The Borrower will use the proceeds of the Term Loans on the Effective Date to fund, in part, the Borrower Refinancing and the payment of fees and expenses related thereto.

  • All proceeds of the Loans will be used by the Borrower to finance the Merger, the termination of the Prior Merger Agreement, the Exchange Offer, the Borrower Refinancing, the Target Refinancing, the Top-Off Purchases (if any) and to pay fees and expenses incurred in connection with the Transaction.

  • The Borrower will use the proceeds of the Revolving Loans on the Effective Date to fund, in part, the Borrower Refinancing and the payment of fees and expenses related thereto and from time to time on or after the Effective Date for working capital and general corporate purposes.

  • Lender’s ability to assign, sell or transfer all of any part of this Agreement shall be governed by the Loan Agreement; provided however, notwithstanding anything in the Loan Agreement to the contrary, there shall be no limitations on the Lender’s right to assign its right, title and interest in and to the Borrower Sale Fee or the Borrower Refinancing Fee.

  • The Refinancing Term Lender agrees that (i) effective on and at all times after the Second Amendment Date, the Refinancing Term Lender will be bound by all obligations of a Lender under the Restated Credit Agreement in respect of the Refinancing Term Commitment and Refinancing Term Loans and (ii) on the Second Amendment Date, the Refinancing Term Lender will fund to the Borrower Refinancing Term Loans in the amount of the Refinancing Term Commitment.


More Definitions of Borrower Refinancing

Borrower Refinancing has the meaning given to it in the first recital.
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Borrower Refinancing means the repayment of principal, premium, if any, interest, fees and other amounts due under or outstanding under the Existing Credit Agreement, the termination of the commitments thereunder and any letters of credit outstanding thereunder (if any) and the discharge and release of all guarantees and liens existing in connection therewith.
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Borrower Refinancing means the refinancing of certain existing indebtedness of the Borrower and its Subsidiaries including in relation to Collateral Vessels 1-16 listed on Schedule III hereto.
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Borrower Refinancing has the meaning assigned to it in Section 4.01. “Borrowing Request” means a request by the Borrower for a Borrowing in accordance with Section 2.03, which shall be, in the case of any such written request, substantially in the form of Exhibit B or any other form approved by the Lender. “Business Day” means, any day (other than a Saturday or a Sunday) on which banks are open for business in New York City; provided that, in addition to the foregoing, a Business Day shall be in relation to Loans referencing the Term SOFR Rate and any interest rate settings, fundings, disbursements, settlements or payments of any such Loans referencing the Term SOFR Rate or any other dealings of such Loans referencing the Term SOFR Rate, any such day that is only a U.S. Government Securities Business Day. “Buyer” means AspenTech Australia Holding Pty Ltd, an Australian proprietary limited company. “Capital Lease Obligations” of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required
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Borrower Refinancing shall have the meaning provided in the Original Credit Agreement.
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Borrower Refinancing means, the refinancing of all outstanding Indebtedness for borrowed money under the Second Amended and Restated Credit Agreement. “Borrower’s Aggregate Excess Cash Flow Share” means, as of any Reference Time and with respect to each fiscal year of the Borrower for which a compliance certificate has been delivered pursuant to Section 5.01(i)(i) as of such Reference Time (commencing with the fiscal year ending on or about February 3, 2020), an aggregate amount (in no event less than zero) equal to the sum, for each such fiscal 11
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Related to Borrower Refinancing

  • Permitted Refinancing means, with respect to any Person, any modification, refinancing, refunding, renewal, replacement or extension of any Indebtedness of such Person; provided that (a) the principal amount (or accreted value, if applicable) thereof does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so modified, refinanced, refunded, renewed, replaced or extended except by an amount equal to unpaid accrued interest and premium thereon plus other reasonable amounts paid, and fees and expenses reasonably incurred, in connection with such modification, refinancing, refunding, renewal, replacement or extension and by an amount equal to any existing commitments unutilized thereunder, (b) other than with respect to a Permitted Refinancing in respect of Indebtedness permitted pursuant to Section 7.03(e), such modification, refinancing, refunding, renewal, replacement or extension has a final maturity date equal to or later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being modified, refinanced, refunded, renewed, replaced or extended, (c) other than with respect to a Permitted Refinancing in respect of Indebtedness permitted pursuant to Section 7.03(e), at the time thereof, no Event of Default shall have occurred and be continuing and (d) if such Indebtedness being modified, refinanced, refunded, renewed, replaced or extended is Junior Financing, (i) to the extent such Indebtedness being modified, refinanced, refunded, renewed, replaced or extended is subordinated in right of payment to the Obligations, such modification, refinancing, refunding, renewal, replacement or extension is subordinated in right of payment to the Obligations on terms at least as favorable to the Lenders as those contained in the documentation governing the Indebtedness being modified, refinanced, refunded, renewed, replaced or extended, (ii) such modification, refinancing, refunding, renewal, replacement or extension is incurred by the Person who is the obligor of the Indebtedness being modified, refinanced, refunded, renewed, replaced or extended and (iii) if the Indebtedness being modified, refinanced, refunded, renewed, replaced or extended was subject to an Intercreditor Agreement, the holders of such modified, refinanced, refunded, renewed, replaced or extended Indebtedness (if such Indebtedness is secured) or their representative on their behalf shall become party to such Intercreditor Agreement.

  • 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.

  • Refinancing Proceeds means the proceeds of the refinancing of any indebtedness of the Company, less the amount of expenses incurred by or on behalf of the Company in connection with such refinancing.