Closing Date Refinancing definition

Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

Closing Date Refinancing means the repayment of all outstanding Indebtedness under the Existing Credit Agreement.

Closing Date Refinancing has the meaning assigned to such term in the recitals to this Agreement.

Examples of Closing Date Refinancing in a sentence

• Substantially simultaneously with the funding of the Initial Term Loans, the Closing Date Refinancing shall be consummated.

• Substantially simultaneously with the initial Borrowing of the Initial Term Loans, the Closing Date Refinancing shall be consummated.

• The Closing Date Refinancing shall have been (or substantially simultaneously with the closing under the Acquisition, shall be) consummated.

• The proceeds of Loans shall be used by Borrowers solely (a) to pay a portion of the cash consideration payable in connection with the consummation of the US Footwear Acquisition; (b) to consummate the Closing Date Refinancing; (c) to pay fees and transaction expenses associated with the closing of this credit facility and the Revolving Loan Facility; (d) to pay Obligations in accordance with this Agreement; and (e) for lawful corporate purposes of Borrowers, including working capital.

• The Closing Date Refinancing shall have been made or consummated prior to, or shall be made or consummated substantially concurrently with, the initial Borrowing hereunder.

More Definitions of Closing Date Refinancing

Closing Date Refinancing has the meaning assigned to such term in Section 4.01(k).

Closing Date Refinancing has the meaning specified in the preliminary statements to this Agreement.

Closing Date Refinancing as defined in Section 6.1(o).

Closing Date Refinancing means (a) the repayment in full of, and the termination of all obligations and commitments under, the Existing Credit Agreement and (b) the redemption and repayment in full, and discharge of, the Second-Priority Senior Secured Notes (including the release of all liens and security interests related to the Second-Priority Senior Secured Indenture) (in each case, other than contingent indemnification, expense reimbursement claims or other contingent obligations not then due and payable).

Closing Date Refinancing means the repayment in full (or the making of arrangements for the repayment in full) of all principal, accrued and unpaid interest, fees, premium, if any, and other amounts (other than (x) obligations not then due and payable or that by their terms survive the termination thereof and (y) certain existing letters of credit outstanding under the Existing Credit Facility, as applicable, that on the Closing Date will be grandfathered into, or backstopped by, the Revolving Credit Facility or cash collateralized in a manner satisfactory to the issuing banks thereof) and termination of (or the making of arrangements for the termination of) all commitments to extend credit, in each case, under the Existing Credit Facility, and the termination and/or release of (or the making of arrangements for the termination and/or release of) any security interests and guarantees in connection therewith, in each case, to occur prior to, or substantially contemporaneously with the funding of the Facilities.

Closing Date Refinancing means the termination of the commitments under the Existing Credit Agreements, the repayment of all outstanding principal and accrued and unpaid interest and fees owing thereunder and the termination of all guarantees and security thereunder.

Closing Date Refinancing means the repayment of debt contemplated by Section 3.03 of the Merger Agreement, which for the avoidance of doubt shall include the repayment in full of the (i) Existing Term Loan Credit Agreement, (ii) Existing ABL Credit Agreement, (iii) the Existing Construction Loan Agreement, (iv) the outstanding Existing Senior Notes and (v) the outstanding Existing Senior PIK Toggle Notes and the termination of all obligations and liens related thereto.