Examples of FILO Term Loan Facility in a sentence
The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of each such Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the Revolving Credit Facility and the FILO Term Loan Facility as well as activities as such Agent.
FILO Term Loan Facility Assignments: Subject to the consents described below (which consents will not be unreasonably withheld or delayed), each Lender will be permitted to make assignments to other financial institutions in respect of the FILO Term Loan Facility in a minimum amount equal to $1 million.
The advance of the Tranche A FILO Term Loan shall be made simultaneously by the Tranche A FILO Term Lenders in accordance with their respective Applicable Percentages of the Tranche A FILO Term Loan Facility.
The consent of the Administrative Agent will be required for any assignment (i) in respect of the ABL Facility or an unfunded commitment under either FILO Term Loan Facility to an entity that is not a Lender with a commitment in respect of the applicable Senior Credit Facility, an affiliate of such Lender or an Approved Fund in respect of such Lender or (ii) of any outstanding term loan to an entity that is not a Lender, an affiliate of a Lender or an Approved Fund.