Examples of Existing Senior Facilities Agreement in a sentence
The Company expects to draw €180,000 thousand, which, together with €24,070 thousand from cash on balance sheet, are intended to be used to partially repay outstanding indebtedness in the amount of €6,002 thousand and €15,568 thousand in current and non-current debt, respectively, in each case under the Existing Senior Facilities Agreement, and to pay related transaction costs of €2,500 thousand.
The net proceeds from the Private Placement are intended to be used to repay the remainder of outstanding indebtedness under the Existing Senior Facilities Agreement amounting to €118,097 thousand, resulting in the obligations under the Existing Senior Facilities Agreement to be fully discharged.
The Company expects to draw €180,000 thousand, which, together with €24,070 thousand from cash on balance sheet, are intended to be used to partially repay outstanding indebtedness under the Existing Senior Facilities Agreement in the amount of €201,570 thousand (thereof €6,002 thousand and €195,568 thousand in current and non-current debt, respectively) and to pay related transaction costs of €2,500 thousand.
Failure to obtain such approval may be or lead to an event of default under the Existing Senior Facilities Agreement and may prevent completion of the Divestment Agreements on the terms contemplated by the Heads of Agreement.
Debt servicing includes interest payments and fees in relation to our Existing Senior Facilities Agreement and, until it was repaid in September 2011, our mezzanine facility agreement.