First Lien Revolving Credit Facility definition

First Lien Revolving Credit Facility means the revolving credit commitments from time to time outstanding under the First Lien Credit Agreement.
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First Lien Revolving Credit Facility means any “Revolving Credit Facility”, as such term is defined in the First Lien Credit Agreement.
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First Lien Revolving Credit Facility means the Revolving Credit Facility, the Letter of Credit Facility and the Swing Line Facility.
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Examples of First Lien Revolving Credit Facility in a sentence

  • If Escrow Company or recorder’s officeMONTH DAY YEARis closed on the COE Date, COE shall occur on the next day that both are open for business.

  • On June 28, 2021, the Company fully repaid the outstanding balances under the USD First Lien Term Loan, the EUR First Lien Term Loan and the First Lien Revolving Credit Facility, which was accounted for as a debt extinguishment.

  • Former Debt Facilities As of December 31, 2020, the Company's debt facilities consisted of a first lien term loan, a second lien term loan and a first lien revolving credit facility ("First Lien Revolving Credit Facility").

  • Each such prepayment shall be applied first to the First Lien Term Facility (as defined in the First Lien Facilities Credit Agreement) in direct order to the scheduled principal installments due in the next succeeding twelve months and then on a pro rata basis to any remaining principal installments thereof, second to the Facility in accordance with the terms thereof and third to the First Lien Revolving Credit Facility (as defined in the First Lien Facilities Credit Agreement).

  • It is recommended that Council approve the application in accordance with the recommended conditions of consent prepared by Natasha Mavlian Planning Consultant and held at Attachment 1 of this report.

  • Former Debt FacilitiesAs of December 31, 2020, the Company's debt facilities consisted of a first lien term loan, a second lien term loan and a first lien revolving credit facility ("First Lien Revolving Credit Facility").

  • The First Lien Facility debt repaid included prepayment of $65.0 million of the existing First Lien Term Loan, reducing the balance currently outstanding to $90.0 million, and repayment of the total amount outstanding of $26.7 million under the First Lien Revolving Credit Facility.

  • First Lien Revolving Credit Facility: The First Lien Revolving Credit Facility will be used (a) on the Closing Date to refinance existing debt (other than the 2023 Convertible Notes (as hereinafter defined)), and to pay fees and expenses incurred in connection with the Transactions or the refinancing of such debt and paid on the Closing Date or as otherwise set forth in the Definitive Documentation and (b) thereafter for working capital and general corporate purposes of the Company and its subsidiaries.

  • In addition, the Prepetition First Lien Revolver Administrative Agent, for the benefit of the Prepetition First Lien Revolver Secured Parties, shall be paid an amount equal to interest due and payable under the Prepetition First Lien Revolving Credit Facility (at the non-default rate otherwise applicable to Base Rate Loans as provided therein) that accrues from and after the Petition Date.

  • As indicated in our Annual Report on Form 10-K, the terms of the First Lien Term Credit Facility, the First Lien Revolving Credit Facility and the Second Lien Term Credit Facility (together, the “Credit Facilities”) each restrict the payment of dividends and making other restricted payments.


More Definitions of First Lien Revolving Credit Facility

First Lien Revolving Credit Facility means that certain $50,000,000 revolving credit facility governed by the First Lien Credit Agreement.
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First Lien Revolving Credit Facility the “Revolving Credit Facility” as defined in the First Lien Credit Agreement.
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Related to First Lien Revolving Credit Facility

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • ABL Credit Facility means the senior secured asset-based revolving loan facility and the term loan facilities made pursuant to the ABL Credit Agreement.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • 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 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).

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • U.S. Revolving Credit Commitment means, (a) with respect to each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(c) as such Lender’s “US Revolving Credit Commitment” and (b) in the case of any Lender that becomes a Lender after the Closing Date, the amount specified as such Lender’s “US Revolving Credit Commitment” in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the US Total Revolving Credit Commitment, in each case of the same may be changed from time to time pursuant to terms hereof. The aggregate amount of the US Revolving Credit Commitment as of the Closing Date is $100,000,000.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • New Credit Facility is defined in Section 9.8.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.