Examples of Existing Senior Secured Credit Agreement in a sentence
More specifically, approximately $282 million, $169 million, and $12 million were outstanding under the Existing Senior Secured Credit Agreement, the Senior Subordinated Loan Agreement, and the Junior Subordinated Loan Agreement (as such terms are defined in the GRA), DSI Renal Holdings formed CDSI I Holding Company, Inc.
The Borrower has no Subsidiaries other than those specifically disclosed inpart (a) of Schedule 5.14, and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are owned by the Persons and in the amounts specified on part (a) of Schedule 5.14 free and clear of all Liens except those created under the security and collateral documents entered into in connection with the Existing Senior Secured Credit Agreement.
More specifically, approximately $282 million, $169 million, and $12 million were outstanding under the Existing Senior Secured Credit Agreement, the Senior Subordinated Loan Agreement, and the Junior Subordinated Loan Agreement (as such terms are defined in the GRA), respectively.
The payment or prepayment of the principal of and interest on the Term Loans hereunder shall, to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in full in cash, or other payment satisfactory to the Senior Secured Lenders, of all Obligations (as such term is defined under the Existing Senior Secured Credit Agreement) under the Existing Senior Secured Credit Agreement (the “Existing Senior Indebtedness”).
The repurchase of the Subordinated Notes pursuant to the transactions contemplated hereby with the proceeds of the Term Loan is permitted under the Existing Senior Secured Credit Agreement.
The payment or prepayment of the principal of and interest on the Term Loan hereunder shall, to the extent and in the manner hereinafter set forth, be subordinated and subject in right of payment to the prior payment in full in cash, or other payment satisfactory to the Senior Secured Lenders, of all Obligations (as such term is defined under the Existing Senior Secured Credit Agreement) under the Existing Senior Secured Credit Agreement (the “Existing Senior Indebtedness”).
The repurchase of the Subordinated Notes pursuant to the transactions contemplated hereby with the proceeds of the Term Loans is permitted under the Existing Senior Secured Credit Agreement.
The Obligations constitute senior subordinated indebtedness of the Borrower, junior to the “Obligations” under the Existing Senior Secured Credit Agreement and senior to all other Indebtedness of the Borrower.
To the extent not prohibited by the Existing Senior Secured Credit Agreement, the Borrower may, at its option and without premium or penalty, prepay the Term Loan upon notice to the Lender in whole at any time or in part from time to time, plus all accrued and unpaid interest thereon; provided that such notice must be received by the Lender not later than 2:00 p.m. one Business Day prior to any date of prepayment of the Term Loan.
To the extent not prohibited by the Existing Senior Secured Credit Agreement, the Borrower may, at its option and without premium or penalty, prepay the Term Loans upon notice to the Lender in whole at any time or in part from time to time, plus all accrued and unpaid interest thereon;provided that such notice must be received by the Lender not later than 2:00 p.m. one Business Day prior to any date of prepayment of the Term Loans.