Facility B Loan Agreement definition

Facility B Loan Agreement means the written Facility B Loan Agreement so entitled dated [ ] between the Lender and the Borrower in terms of which inter alia the Lender agrees to make available to the Borrower a facility in an aggregate amount of US$ 35 million;
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Facility B Loan Agreement means the loan agreement to be dated on or about the date hereof made by and among, inter alia, the Borrower, as borrower, and the Facility B Lenders, as lenders, pursuant to which the Facility B Lenders will make Facility B available to the Borrower for the purpose of refinancing existing indebtedness secured by the Facility B Vessels;
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Facility B Loan Agreement means that certain Facility B Loan Agreement of even date herewith by and among the Borrower, certain financial institutions defined as Lenders therein and Bank of America National Trust and Savings Association, as Administrative Agent.
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Examples of Facility B Loan Agreement in a sentence

  • Save as stated in clause 15.5 of the Facility B Loan Agreement, the Lender may not assign or transfer all or any of its rights and obligations under any of the Finance Documents to any party without the prior written consent of the Borrower, which consent shall not be unreasonably withheld or delayed.

  • An Advance under this Facility A and an Advance under the Facility B Loan Agreement (if so agreed) may be used to support a General Offer to the shareholder of the Target, (whether such General Offer is in the form of cash or a cash alternative to a scrip offer), provided that prior to any such Advance hereunder the Lender and the Borrower have agreed in writing to the conditions of the General Offer.

  • Each Bank and the Administrative Agent hereby agree that the Obligations are to be secured pari ---- passu with all Obligations under the ATS Facility B Loan Agreement and that all ----- Collateral now or hereafter delivered as security for the Obligations shall be held by the Collateral Agent (or delivered to the Collateral Agent, if received by any Bank) in accordance with the Security Documents.

  • To the extent that any prepayment is made on the Facility B Loan Agreement after June 23, 2003, the Facility A Commitment shall be automatically and permanently reduced by an amount equal to such prepayment of the Facility B Loan Agreement.

  • In the event any term or condition contained herein is inconsistent with the terms and conditions contained in the Facility A Loan Agreement and Facility B Loan Agreement, as applicable, the terms and conditions of the Facility A Loan Agreement and Facility B Loan Agreement, as applicable, shall control.

  • At no time may the number of outstanding Eurodollar Advances hereunder and under the Facility B Loan Agreement in the aggregate exceed ten (10).

  • Any notice or demand which the Administrative Agent, the Issuing Bank and the Lenders, or any of them, may wish to give shall be served upon the Guarantor in the fashion prescribed for notices in Sections 11.1 of the Facility A Loan Agreement and Facility B Loan Agreement in care of the Borrower, and the notice so sent shall be deemed to be served as set forth in Sections 11.1 of the Facility A Loan Agreement and Facility B Loan Agreement.

  • All costs and expenses, including reasonable attorneys’ fees and expenses, incurred by the Administrative Agent, the Issuing Bank and the Lenders, or any of them, in obtaining performance of or collecting payments due under this Parent Guaranty to the extent permitted by the Facility A Loan Agreement and Facility B Loan Agreement, as applicable, shall be deemed part of the Guaranteed Obligations guaranteed hereby.

  • The Borrower, the Lenders and the Administrative Agent are parties to that certain Facility B Loan Agreement for $300,000,000 364-Day Credit Facility dated as of March 1, 1999, as amended by that certain First Amendment and Waiver thereto dated as of February 25, 2000, as amended by that Second Amendment thereto dated as of February 9, 2001 (as amended through the date hereof, the “Loan Agreement”).

  • Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Facility A Loan Agreement and Facility B Loan Agreement, as applicable in the context used.


More Definitions of Facility B Loan Agreement

Facility B Loan Agreement means that certain Facility B Loan Agreement dated as of February ____, 1998, among the Borrower, the Agents and the financial institutions parties thereto, as the same may be amended, modified, supplemented or restated from time to time.
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Related to Facility B Loan Agreement

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Term Credit Agreement shall have the meaning assigned to that term in the recitals to this Agreement and shall include any one or more other agreements, indentures or facilities extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, trustee, lender, group of lenders, creditor or group of creditors and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • Original Loan Agreement has the meaning set forth in the Recitals.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Bridge Loan Agreement means the 364-day Bridge Loan Agreement dated as of April 3, 2012, as amended, restated, supplemented or otherwise modified, among the Company, the lenders party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Bridge Credit Agreement means the credit agreement (if any) dated as of the Closing Date among the Parent, Bank of America, as administrative agent, and the lenders party thereto on terms specified in the Commitment Letter and otherwise on terms reasonably satisfactory to the Required Lenders, the proceeds of which are applied to finance a portion of the Sealy Acquisition and the Refinancing and to pay the Transaction Costs.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Facility Agreement means the Facility Agreement referred to in Recital (A).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).