Existing Senior Facility definition

Existing Senior Facility means [identify initial first-lien notes or credit facility].
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Existing Senior Facility means that certain Loan and Security Agreement, dated as of November 9, 2006, by and among Bairnco, the Bairnco Subsidiaries named therein, and Bank of America, N.A., a national banking association, individually as a lender thereunder and as agent for the lenders from time to time thereunder, as the same has been amended by that certain Waiver and First Amendment to Loan and Security Agreement dated March 23, 2007, and as further amended by the Amendment to Existing Senior Facility, and by any other amendment, restatement, supplement or other modification made in accordance with the Intercreditor Agreement.
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Existing Senior Facility means the €1,000,000,000 credit facilities provided to the Company pursuant to a credit agreement dated 10 May 2006 between (amongst others) the Company and KBC Bank NV as security agent.
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Examples of Existing Senior Facility in a sentence

  • Each Borrower will promptly provide to Lender, copies of all information or notices required to be provided to Senior Lender under Section 10.1.2 or 10.1.3 of the Existing Senior Facility.

  • The Company shall use all commercially reasonable efforts to keep in full force and effect and to remain in compliance with all terms and conditions of the Purchase Option Agreement and with all terms and conditions of the Existing Senior Facility.

  • Schedule 1 to Annex A-p.5 SCHEDULE 2 to Annex A (Terms of Convertible Preferred) HOLDERS: Holders of claims under Existing Senior Facility.

  • Subject to Section 3, until the Final Completion Date, the Guarantor agrees that the Guarantor will perform, comply with and be bound by all of its agreements, covenants and obligations contained in Article VIII of the Existing Senior Facility.

  • The Convertible Unsecured Notes will be subordinated to the Company's Existing Senior Facility pursuant to the terms of the Subordination Deed.

  • The parties acknowledge that nothing in this Section shall be deemed to require any Holder to grant any waiver, forbearance or consent under the Indenture or the Existing Senior Facility that is not otherwise expressly provided hereunder or under the Purchase Option Agreement.

  • In particular, on a winding up of the Company any amounts received by the Junior Creditor in relation to amounts outstanding under the Convertible Unsecured Notes are held on trust for the Existing Senior Facility Trust Beneficiaries (including the Senior Lender) and the Junior Creditor.

  • Any Subordinated Debt is subordinated to the Existing Senior Facility.

  • The Company agrees that any amendment, waiver or modification of any rights or obligations under the Purchase Option Agreement shall be approved in advance in writing by the Senior Lenders and under the Existing Senior Facility shall be approved in advance by the Noteholders.

  • The parties will support a release of cash collateral under the Existing Senior Facility of up to an amount to be agreed to by the Parties pursuant to a reasonable cash budget to be prepared by the Company and will support any motions to such effect and to permit the Debtors to use cash on hand, cash to be generated from accounts and cash generated from operations during the Chapter 11 Cases.


More Definitions of Existing Senior Facility

Existing Senior Facility means the credit facilities made available to the Borrower under the BNS Credit Agreement.
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Existing Senior Facility means that certain credit facility pursuant to that certain First Amended and Restated Credit Agreement dated as of June 30, 1999, among the Guarantor, as Borrower, certain commercial lending institutions set forth therein, as the Lenders, Administrative Agent, as the L/C Issuer and administrative agent, Wellx Xxxgo Bank, N.A. as Swingline Lender and Syndication Agent, and Bank of America, N.A., as Documentation Agent as such agreement may be modified, amended, restated, amended and restated, supplemented, replaced, refinanced or any provision thereof waived. All terms of the Existing Senior Facility to which reference is made herein, together with all related definitions, ancillary provisions and related schedules, are hereby incorporated into this Completion Guaranty by reference as though specifically set forth in this Completion Guaranty. To the extent that the First Amended and Restated Credit Agreement described above is replaced or refinanced, any reference herein to a Section or Article of such First Amended and Restated Credit Agreement shall refer to the corresponding Section or Article of such replacement agreement. If the First Amended and Restated Credit Agreement shall be terminated and not replaced or refinanced, the term "Existing Senior Facility" shall refer to the First Amended and Restated Credit Agreement or successor Existing Senior Facility as in effect on the date of such termination.
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Existing Senior Facility shall refer to the First Amended and Restated Credit Agreement or successor Existing Senior Facility as in effect on the date of such termination.
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Related to Existing Senior Facility

  • Senior Facility has the meaning given to the term “Facility” in the Senior Facilities Agreement.

  • Senior Facility Agreement means the Facility Agreement dated 27 June 2016 (as amended from time to time) between, among others, Bendon Limited (as initial borrower) and the Debtor (as initial guarantor), and all other loan facility agreement(s) between (among others) the Senior Creditor and the Debtor from time to time and also includes each other document evidencing the provision of, or setting out the terms that apply to, any Senior Debt (of whatever nature) made or to be made available by the Senior Creditor to the Debtor from time to time (howsoever documented).

  • Senior Facilities means the Credit Agreement and any Additional Senior Debt Facilities.

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Existing Senior Notes means the Existing 2020 Senior Notes and the Existing 2021 Senior Notes, collectively.

  • Existing Senior Subordinated Notes means the 10.875% Senior Subordinated Notes Due 2009 issued by the Company pursuant to the Existing Senior Subordinated Note Indenture.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Senior ABL Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Existing Indebtedness means Indebtedness of the Company and its Subsidiaries (other than Indebtedness under the Credit Agreement) in existence on the date of this Indenture, until such amounts are repaid.

  • Existing Senior Notes Indentures means, the indentures governing the Existing Senior Notes, each as may be amended or supplemented from time to time.

  • Existing Senior Notes Indenture means the Indenture dated as of April 11, 2013, among the Lux Borrower, as issuer, the Parent, as guarantor and Deutsche Bank Trust Company Americas, as trustee, under which the Existing Senior Notes are outstanding, as amended, modified or supplemented from time to time.

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Existing Credit Facilities means (a) the 364-Day Credit Agreement dated as of February 28, 2012 among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, (b) the Three Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, and (c) the Five Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent.

  • Credit Agreement Refinancing Indebtedness means (a) Permitted First Priority Refinancing Debt, (b) Permitted Junior Lien Refinancing Debt, (c) Permitted Unsecured Refinancing Debt or (d) Indebtedness incurred or Other Revolving Commitments obtained pursuant to a Refinancing Amendment, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans, outstanding Revolving Loans or (in the case of Other Revolving Commitments obtained pursuant to a Refinancing Amendment) Revolving Commitments, outstanding loans under any Incremental Revolving Facility or undrawn commitments under any Incremental Revolving Facility (“Refinanced Debt”); provided that (i) such extending, renewing, replacing or refinancing Indebtedness (including, if such Indebtedness includes any Other Revolving Commitments, the unused portion of such Other Revolving Commitments) is in an original aggregate principal amount not greater than the sum of the aggregate principal amount of the Refinanced Debt (and, in the case of Refinanced Debt consisting, in whole or in part, of unused commitments under any Incremental Revolving Facility or Other Revolving Commitments, the amount thereof) plus all accrued and unpaid interest and fees thereon and expenses incurred in connection with such extension, renewal, replacement or refinancing, (ii) such Indebtedness has a maturity that is equal to or later than and, except in the case of Other Revolving Commitments, a Weighted Average Life to Maturity equal to or greater than the Refinanced Debt, and (iii) such Refinanced Debt shall be repaid, defeased or satisfied and discharged, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained; provided that to the extent that such Refinanced Debt consists, in whole or in part, of commitments under any Incremental Revolving Facility or Other Revolving Commitments (or loans incurred pursuant to any Incremental Revolving Facility or Other Revolving Loans), such commitments shall be terminated, and all accrued fees in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.