Existing Senior Facilities definition

Existing Senior Facilities means, together, the Existing Senior Term Loan and the Existing Revolving Credit Facility, which will be repaid in full with proceeds of the Offering;

Existing Senior Facilities means the term loans and revolving facility made available to certain of the Guarantors as borrowers, and guaranteed by the Company and the Subsidiary Guarantors, under the Existing Senior Facilities Agreement.

Existing Senior Facilities means the €58.5 million of senior term loans (excluding accrued and unpaid interest and fees) outstanding as of September 30, 2019 under the Existing Senior Facilities Agreement;

Examples of Existing Senior Facilities in a sentence

• Purpose: (A) A portion of the proceeds from the increase in the Existing Senior Facilities, together with cash on hand at the Company and the proceeds of the Senior Notes or Bridge Loans, will be used by the Borrowers, on the effective date of the Senior Facilities (the "Closing Date"), (a) to pay the Acquisition Consideration, (b) to repay the Existing Term Debt, (c) to refinance existing debt of the Company and (d) to pay the Transaction Costs.

• The Group used the net proceeds from the issue of the Notes for the repayment of all amounts outstanding as of January 31, 2013 under its Existing Senior Facilities Agreement, which was terminated as of January 31, 2013.

• Notwith- standing during MTC, resistance and disruptive behaviours were still present [6].

• Use the proceeds of the Facility to refinance outstanding loans under the Existing Second Lien Facility (including the 1% prepayment premium set forth in section 2.10(a) thereof) and under the Existing Senior Facilities and to pay fees, commissions and expenses incurred in connection with such refinancing and related matters.

• On December 4, 2012, we restructured our debt arrangements and, in addition to the Existing Senior Facilities Agreement, the Company entered into the Shareholder Loan in an aggregate principal amount of £128.1 million with the holding company of the Parent and with Kaupthing Bank hf.

More Definitions of Existing Senior Facilities

Existing Senior Facilities means the senior facilities subject to the senior facilities agreement, among Paysafe Group Holdings II Limited (formerly PI UK Holdco II Limited), as Parent, Paysafe Group Holdings III Limited (formerly PI UK Holdco III Limited), as Company, Credit Suisse AG, London Branch, Credit Suisse Securities (USA) LLC, Jefferies Finance LLC, Xxxxxx Xxxxxxx Bank International Limited, BMO Capital Markets Corp., and Deutsche Bank AG, London Branch, as Arrangers and Bookrunners, Blackstone Holdings Finance Co. L.L.C. and The Blackstone Group International Partners LLP as Co-Managers, Credit Suisse AG, London Branch, as Agent, and Credit Suisse AG, London Branch as Security Agent, as dated as of December 20, 2017 and as amended as of the Issue Date.

Existing Senior Facilities means the senior credit facilities evidenced by that certain Second Amended and Restated Credit Agreement dated as of July 17, 2000, by and among the Borrower, the other lenders party thereto, and Bank of America, N.A., as the administrative agent, and the other documents related thereto.

Existing Senior Facilities means the Existing Term Loan Facility and Existing Revolving

Existing Senior Facilities means each Facility (under and as defined in the Senior Credit Agreement) other than the Bridge Facility.

Existing Senior Facilities means the Credit, Security, Guaranty and Pledge Agreement dated as of January 12, 2006 (as amended, restated, supplemented or otherwise modified prior to, but excluding, the date hereof) among the Borrower, the guarantors party thereto, the lenders party thereto, and the Administrative Agent.

Existing Senior Facilities means the Borrower’s existing senior secured credit facilities, documented pursuant to the Existing Credit Agreement.

Existing Senior Facilities shall have the meaning given to such term in the Introductory Statement hereof.