Existing Term Facility definition

Existing Term Facility has the meaning specified in Section 2.19(a).

Existing Term Facility means the £100,000,000 credit facility dated 9 April 2013 between, amongst others, AMEC PLC and The Royal Bank of Scotland plc as facility agent.

Existing Term Facility means that certain Credit Agreement dated as of August 7, 2006, as amended, among USP Domestic Holdings Inc., as Borrower, the lenders and other parties from time to time party thereto, Bear Xxxxxxx Corporate Lending Inc., as Administrative Agent, and SunTrust Bank, as Collateral Agent and Documentation Agent.

Examples of Existing Term Facility in a sentence

• In addition, on the Existing Term Facility Maturity Date of each Non-Extending Term Lender, the Borrower shall repay any non-extended Term Loans of such Non-Extending Term Lender outstanding on such date.

• If (and only if) any Term Lender has agreed so to extend their Existing Term Facility Maturity Date (each, an “Extending Term Lender”), the Existing Term Facility Maturity Date in respect of the Term Facility of each Extending Term Lender and of each Additional Term Commitment Lender shall be extended subject to the terms of any such notice of extension and each Additional Term Commitment Lender shall thereupon become a “Term Lender” for all purposes of this Agreement.

• In the event that the aggregate amount of commitments under an Existing Revolving Facility or Existing Term Facility subject to Extension Elections exceeds the amount of commitments under the Extended Facility requested pursuant to the Extension Request, commitments subject to Extension Elections shall be converted to commitments under an Extended Facility on a pro rata basis based on the amount of commitments included in each such Extension Election.

• The proceeds of the Term Advances shall be used (and PMI agrees that it shall use such proceeds) for general corporate purposes of PMI and its Subsidiaries, including without limitation, the refinancing of amounts outstanding under the Existing Term Facility.

• The Borrower may, by delivering a written notice to the Administrative Agent (who shall promptly deliver a copy to each of the Term Lenders) not less than 60 days, but not more than 365 days, in advance of the Term Facility Termination Date in effect at such time for any applicable Class of Term Loans (the “Existing Term Facility Termination Date”), request that the Term Lenders extend the Existing Term Facility Termination Date.

More Definitions of Existing Term Facility

Existing Term Facility means the Credit Agreement, dated as of October 16, 2012, by and among the Parent Borrower, Bank of America, as Administrative Agent and the lenders from time to time party thereto, relating to senior secured term loans borrowed by the Parent Borrower on the date thereof, which shall be repaid in full on the Amendment No. 1

Existing Term Facility means that certain credit facility evidenced by the Existing Term Credit Agreement, which provides for the funding of a term loan to the Macerich Partnership in the aggregate commitment amount of, as of the date hereof, $250 million.

Existing Term Facility has the meaning assigned to such term in the recitals hereto.

Existing Term Facility means that certain term loan facility evidenced by the Credit Agreement dated as of March 18, 2011, among Holdings, the Borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the other “Loan Documents” as defined in such Credit Agreement.

Existing Term Facility means as defined in Section 2.18(c)(vii).

Existing Term Facility is defined in Section 2.16(c).

Existing Term Facility means the Term Facility pursuant to the Credit Agreement, dated as of 12 May 2005, among PMI, the Lenders party thereto and Citibank International plc, as Facility Agent and Swingline Agent, and Citigroup Global Markets Limited, Credit Suisse, Cayman Islands Branch, Deutsche Bank Securities Inc. and X.X. Xxxxxx plc, as Mandated Lead Arrangers and Bookrunners for such Lenders.