Examples of Closing Date Term Loan Facility in a sentence
The proceeds of the Term Loans under the Closing Date Term Loan Facility are to be used on solely (i) to pay fees, costs and expenses payable in connection with the Closing Date Term Loan Facility, (ii) to make the payments set forth on Schedule 7.17, (iii) to fund other general corporate purposes and (iv) to fund the FTS Acquisition, including any fees and expenses due and payable with respect thereto.
All of the IPO Prepayment Amount payable in respect of the Closing Date Term Loan Facility shall be applied by the Agent to the succeeding scheduled principal installments due under the Closing Date Term Loan Facility in the inverse order of maturity (including, for the avoidance of doubt, the installment due on the Stated Termination Date).
Except as set forth in Section 10.3, all amounts required to be paid pursuant to this Section 4.3 (other than the IPO Prepayment Amount and the First Amendment Acquisition Prepayment) shall be applied by the Agent to the succeeding scheduled principal installments due under the Closing Date Term Loan Facility (prior to the First Amendment Effective Date) and the Term Loan Facility (on and after the First Amendment Effective Date) in direct order of maturity.
The Equity Contribution shall have been consummated, or shall be consummated substantially concurrently with the initial borrowing under the Closing Date Term Loan Facility, in an amount not less than the Minimum Equity Contribution (as such amount may be modified pursuant to paragraph 2 above).
The Closing Refinancing shall have been consummated or, substantially concurrently with the initial borrowings under the Closing Date Term Loan Facility, shall be consummated.
Except as set forth in Section 10.3, all amounts required to be paid pursuant to this Section 4.3 (other than the IPO Prepayment Amount, the First Amendment Acquisition Prepayment and the [**]) shall be applied by the Agent to the succeeding scheduled principal installments due under the Closing Date Term Loan Facility (prior to the First Amendment Effective Date) and the Term Loan Facility (on and after the First Amendment Effective Date) in direct order of maturity.
For clarity, if the Required Revolving Credit Lenders object to such amendment, but the Required Closing Date Term Loan Lenders do not, or vice versa, then such amendment shall become effective only with respect to Closing Date Term Loan Facility, or vice versa.
Six-year term loan facility (the "DELAYED DRAW TERM LOAN FACILITY" and, together with the Closing Date Term Loan Facility, the "TERM LOAN FACILITIES") providing for term loans at any time and from time to time on or prior to June 30, 1999 in an aggregate principal amount not to exceed $200,000,000 (the "DELAYED DRAW TERM LOANS" and, together with the Closing Date Term Loans, the "TERM LOANS").
Upon the occurrence of a Benchmark Transition Event or an Early Opt-in Election, as applicable, Administrative Agent and Borrower may amend this Agreement to replace the Eurodollar Rate with a Benchmark Replacement, which Benchmark Replacement shall apply only to either or both the Revolving Credit Facility and the Closing Date Term Loan Facility (but not, for the avoidance of doubt, the Tranche B Term Loan Facility).
The Borrower may, on one occasion by written notice to the Administrative Agent (such notice, an “Extension Notice”) not earlier than ninety (90) days and not later than thirty (30) days prior to the Maturity Date then in effect for the Closing Date Term Loan Facility and Delayed Draw Term Loan Facility (the “Existing Maturity Date”), request that the Lenders extend the then Existing Maturity Date for an additional twelve (12) months from such Existing Maturity Date.