Existing Revolving Facilities definition

Existing Revolving Facilities means (a) the revolving facility under the Credit Agreement dated as of March 26, 2015, among the Borrower, Bank of America, N.A., as administrative agent and the other lenders party thereto and (b) the revolving facility under the Credit Agreement dated as of November 21, 2017, among the Borrower, Bank of America, N.A., as administrative agent and the other lenders party thereto.
Existing Revolving Facilities means, individually and collectively, each of the Existing Ninth Amended Agreement and the Existing Fourth Amended Agreement.

Examples of Existing Revolving Facilities in a sentence

  • The Borrower intends to repay the principal, accrued and unpaid interest, fees, premium, if any, and other amounts, under the Existing Revolving Facilities, terminate all commitments thereunder and have all guarantees released (the “Refinancing”).

  • Use the proceeds of the Tranche A Term Loans, the Tranche B Term Loans and the New Revolving Loans made at the Effective Funding Time solely to repay all obligations outstanding at the Effective Funding Time in respect of the Tranche A-1 Term Loans, the Tranche D-1 Term Loans, the Tranche D-2 Term Loans, the Existing Revolving Facilities and the Swingline Loans, and to pay fees and expenses in connection with the Restatement Transactions.

  • Notwithstanding the foregoing, if the Borrower does not elect a “material acquisition” step up in the financial covenant levels set forth in any of the Existing Revolving Facilities, the Financial Covenant Threshold shall automatically be deemed amended to match any lower Financial Covenant Threshold in any Existing Revolving Credit Facility (notwithstanding anything to the contrary in Section 10.01).

  • Use the proceeds of the Tranche A-1 Term Loans, the Tranche B-1 Term Loans and the Revolving Loans made at the Effective Funding Time solely to repay all obligations outstanding at the Effective Funding Time in respect of the Tranche A Term Loans, the Tranche B Term Loans, the Tranche B-2 Term Loans, the Tranche E Term Loans, the Existing Revolving Facilities and the Swingline Loans, and to pay fees and expenses in connection with the Restatement Transactions.

  • The Lender Parties agree that the provisions of Section 9.11 of the Existing Revolving Facilities apply to any information made available to them in connection with this Commitment Letter or any of the transactions contemplated hereby.


More Definitions of Existing Revolving Facilities

Existing Revolving Facilities means the Five-Year Facility and the 364 Day Facility.

Related to Existing Revolving Facilities