First Lien Credit Facilities means (a) the Credit Facilities provided pursuant to the Credit Agreement (up to, in the case of principal, that principal amount set forth in the Intercreditor Agreement as Senior Debt thereunder) and (b) the Other First-Lien Debt.
First Lien Credit Facilities means the $725,000,000 Senior Secured First Priority Credit Facilities provided under (a) the First Lien Credit and Guaranty Agreement dated March 8, 2007, as amended, between Movie Gallery, Inc., as borrower, and certain Movie Gallery, Inc. subsidiaries, as guarantors, Goldman Sachs Credit Partners L.P., as lead arranger, syndication agent and administrative agent, and Wachovia Bank, National Association, as collateral agent and documentation agent, and the banks, financial institutions and other lenders parties thereto and (b) the other “Credit Documents” as defined therein.
First Lien Credit Facilities means the Revolving Credit Facility and the Term Loan Facility.
Examples of First Lien Credit Facilities in a sentence
The transaction, valued at US$200 million, subject to a post-closing net working capital adjustment, was financed through a combination of cash on hand, a draw-down on the existing Revolving Facility of US$90 million and US$100 million of borrowings under a new Term Loan A-2 Facility issued under the First Lien Credit Facilities.
As of the Petition Date there was approximately $7.5 million in accrued and unpaid interest under the First Lien Credit Facilities.
The Debtors’ prepetition funded debt consisted of: (a) the First Lien Credit Facilities; (b) the MDL Facility; (c) the Notes; and (d) the SFRO PIK Notes (each as defined herein).
The First Lien Credit Facilities are secured by a security interest in substantially all of the Debtors’ (excluding the MDL Debtors’ (as defined below)) assets (the “21C Domestic Collateral”).
Certain of the Debtors’ prepetition indebtedness is also subject to the Intercreditor Agreement (as defined herein), which governs the relative contractual rights of lenders under the First Lien Credit Facilities, on the one hand, and the MDL Facility, on the other hand.
More Definitions of First Lien Credit Facilities
First Lien Credit Facilities means (a) the loans made pursuant to the Credit Agreement on the Issue Date, (b) any First Lien Incremental Facilities permitted to be incurred in accordance with the terms of the Credit Agreement and (c) any Indebtedness incurred under Section 2.21 of the Credit Agreement.
First Lien Credit Facilities means the revolving credit facility and the term loan facilities under that certain Credit Agreement, dated April 30, 2013, (as amended by that certain First Amendment to Credit Agreement, dated as of December 11, 2015, that certain Second Amendment to Credit Agreement, dated as of November 8, 2016, that certain Third Amendment to Credit Agreement, dated as of May 9, 2017, that certain Fourth Amendment to Credit Agreement dated as of June 13, 2017, that certain Fifth Amendment to Credit Agreement, dated as of August 14, 2018, that certain Sixth Amendment to Credit Agreement, dated as of April 22, 2019, that certain Seventh Amendment to Credit Agreement, dated as of April 23, 2020 and that certain Eighth Amendment to Credit Agreement, dated as of July 31, 2020), among the Company, the lenders and other parties party thereto from time to time, Citicorp North America, Inc., as administrative agent and collateral agent, and any related notes, collateral documents, letters of credit, guarantees and other documents, and any appendices, exhibits or schedules to any of the foregoing, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings, replacements, exchanges or refinancings thereof, in whole or in part, and any financing arrangements that amend, supplement, modify, extend, renew, restate, refund, replace, exchange or refinance any part thereof, including, without limitation, any such amended, supplemented, modified, extended, renewed, restated, refunding, replacement, exchanged or refinancing financing arrangement that increases the amount permitted to be borrowed or issued thereunder or alters the maturity thereof or adds Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, trustee, lender or group of lenders, investors, holders or otherwise.
First Lien Credit Facilities means the credit facilities in an aggregate principal amount of $626,488,750 under the First Lien Credit Agreement described in clause (i) of such defined term, and any Refinancing (as defined in the Intercreditor Agreement) of such facilities in accordance with the Intercreditor Agreement.
First Lien Credit Facilities means the “Credit Facilities” under and as defined in the First Lien Credit Agreement as of the date hereof and any similar term in the First Lien Credit Agreement as the First Lien Credit Agreement may be amended, restated, amended and restated, supplemented, waived or otherwise modified from time to time.
First Lien Credit Facilities. Second Lien Credit Facilities" or any other such designations hereunder or under the Intercreditor Agreement, any such designation shall be sufficient if the relevant designation is set forth in writing, signed on behalf of the Company by an Officer and delivered to the Collateral Agent and the Administrative Agent. For all purposes hereof and under the Intercreditor Agreement, the Company hereby designates the Credit Facility under the Senior Secured Revolving Credit Agreement as a First Lien Credit Facility, the Credit Facility under the Senior Secured Term Loan Credit Agreement as a Second Lien Credit Facility and any obligations in respect of the Credit Agreements as Credit Agreement Obligations.
First Lien Credit Facilities means the aggregate $150 million revolving first lien secured credit facilities of the Corporation with a syndicate of lenders;
First Lien Credit Facilities means (x) the Credit Facilities provided pursuant to the Credit Agreement and (y) any other Credit Facility that, in the case of both clauses (x) and (y), is secured by a Permitted Lien described in clause (1) of the definition thereof and, except for the Credit Facilities provided pursuant to the existing senior bank facilities, is designated by the Company as a “First-Lien Credit Facility” for the purposes of this Indenture.