Examples of C Term Loan Facility in a sentence
In addition, Borrowers will use all proceeds of the Tranche A Term Loan Facility, the Tranche B Term Loan Facility, the Tranche C Term Loan Facility, the Tranche D Term Loan Facility, the Dollar Revolving Facility and the Multicurrency Revolving Facility (i) to repay the loans under the Existing Credit Agreement and pay related fees and expenses and (ii) to provide financing for general corporate purpose (including working capital requirements) of Company, the Borrowers and their respective Subsidiaries.
A Tranche C Term Loan Facility in an aggregate principal amount of $57,881,095.97 (the “New Tranche C Facility” and, together with the New Tranche B Facility, the “New Term Loan Facilities” and, the New Term Loan Facilities, together with the Rollover Facility, the “New Facilities”).
For purposes of Section 9.04 of the Credit Agreement, the Borrower hereby consents to any assignee of Mxxxxx Sxxxxxx Senior Funding, Inc., Barclays Bank PLC or any of their respective Affiliates becoming a Tranche C Term Lender in connection with the initial syndication of the Tranche C Term Loan Facility.
Prepayment of "C" Advances: The Borrower may prepay the "C" Term Loan Facility or any part of it which is $100,000 or a whole multiple of that amount, on any Interest Payment Date if it gives to the Bank not less than 30 days' notice of the date and amount of the prepayment.
The Conversion Term Loan Facility, the Tranche C Term Loan Facility, the Seven-Year Revolving Credit Facility and the 364-Day Revolving Credit Facility constitute the "Credit Facility" under and as defined in each of the Indentures.
Maturity: The Exchange Notes will mature on the Tranche C Term Loan Facility Maturity Date (as applying to the Exchange Notes, the "EXCHANGE NOTE MATURITY DATE").
Reflects issuance of the Incremental Tranche A Term Loan and the portion of the New Tranche C Term Loan Facility used to finance the acquisition of IFC, as detailed in Note (b), to finance the acquisition of IFC, net of repayment of a portion of the borrowings under our revolving credit facility and the Company's existing tranche A term loan facility.
In the event the Borrowers elect to prepay Tranche C Term Loans or Tranche D Term Loans under Section 2.11, amounts to be applied in connection with such prepayments shall be applied to the prepayment of the Tranche C Term Loans and the Tranche D Term Loans pro rata among the Tranche C Term Loan Facility and the Tranche D Term Loan Facility based upon the remaining unpaid aggregate principal amounts thereof.
The Tranche C Term Loans shall be repayable in one payment on the Tranche C Term Loan Facility Maturity Date.
In addition, Borrowers will use all proceeds of the Tranche A Term Loan Facility, the Tranche B Term Loan Facility, the Tranche C Term Loan Facility, the Dollar Revolving Facility and the Multicurrency Revolving Facility (i) to repay the loans under the Existing Credit Agreement and pay related fees and expenses and (ii) to provide financing for general corporate purpose (including working capital requirements) of Company, the Borrowers and their respective Subsidiaries.