Existing Loan Facilities definition

Existing Loan Facilities is defined in Recital A.

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Existing Loan Facilities means the term and revolving facilities under a facilities agreement originally dated 24 September 2012 (as amended and restated from time to time) between, amongst others, the Issuer, HSBC Bank Plc as agent, HSBC Corporate Trustee Company (UK) Limited as security agent and certain financial institutions as Lender where the outstanding amount is approximately GBP 113,000,000.

Existing Loan Facilities means those loan facilities of the Company and its Subsidiaries listed in Section 1.1(a) of the Company’s Disclosure Letter.

Examples of Existing Loan Facilities in a sentence

Solely with respect to the Closing in respect of the applicable Existing Loan Facilities, Purchaser shall have obtained a Loan Assumption Approval with respect to the applicable Existing Loan and all conditions to a Loan Assumption Approval required of Purchaser (or its Affiliates) by an Existing Lender shall have been satisfied (or waived in writing by the applicable Existing Lender).
Within the period of 12 months immediately preceding and up to the date of the New Loan Agreement, the Lender had entered into the Existing Loan Agreements in relation to the provision of the Existing Loan Facilities.
Subject to the terms and conditions of this Agreement, upon receipt by the Administrative Agent of each Lender’s Applicable Percentage of the proceeds of the Term Loan, such proceeds will be made available to the Borrowers on the Funding Date, to be disbursed by the Administrative Agent (or its counsel) in like funds as received by the Administrative Agent from the Lenders to RBS Citizens to refinance the existing outstanding obligations of the Borrowers to RBS Citizens under the Existing Loan Facilities.
The Loan Documents embody the entire agreement between the parties and supersede all prior agreements and understandings, including, without limitation, the Existing Loan Facilities, relating to the subject matter hereof and thereof.
Within the period of 12 months immediately preceding and up to the date of the New Loan Agreements, the Lender had entered into the Existing Loan Agreements in relation to the provision of the Existing Loan Facilities.
The Revolving Loans and Letters of Credit made to the Borrowers hereunder shall be used by the Borrowers (i), together with all or a portion of the proceeds of the Senior Notes, to refinance the Existing Indebtedness owed by the Credit Parties under the Existing Loan Facilities and (ii) for the Borrowers' general corporate purposes.
Solely with respect to the Closing in respect of the applicable Existing Loan Facilities, Purchaser shall have obtained a Loan Assumption Approval with respect to the applicable Existing Loan and all conditions to a Loan Assumption Approval required of Sellers (or their respective Affiliates) by the applicable Existing Lender shall have been satisfied (or waived in writing by the applicable Existing Lender).

More Definitions of Existing Loan Facilities

Existing Loan Facilities means the collective reference to the Credit Agreement between Spinnaker and Bankers Trust Company dated as of April 5, 1996; the Credit Agreement among Central Products Acquisition Corp., Spinnaker and ▇▇▇▇▇▇ Financial Inc., as agent dated as of September 29, 1995, as heretofore amended; the Loan and Security Agreement between Brown and Transamerica Business Credit Corporation dated as of September 16, 1994, as heretofore amended; and the Loan and Security Agreement between Entoleter and Transamerica Business Credit Corporation dated as of February 21, 1995, as heretofore amended; and all other agreements, documents and instruments executed and delivered by the Guarantor or any of its Subsidiaries in connection therewith, each as heretofore amended, supplemented or otherwise modified.

Existing Loan Facilities means the credit facilities of the Borrower listed on Schedule III hereto.

Existing Loan Facilities. The loan facilities dated September 25, 2012 by and among certain of the Borrowers and RBS Citizens, N.A. which provided for the extension of credit to such Borrowers under a $37,000,000.00 term loan, a $10,000,000.00 development line of credit, and a $1,000,000.00 revolving line of credit loan.