First Lien Term Loan Facility definition

First Lien Term Loan Facility means the credit facility pursuant to that certain First Lien Credit Agreement dated as of August 1, 2013 by and among The Standard Register Company, WorkflowOne, LLC, the subsidiary guarantors party thereto, the lenders party thereto, and Silver Point Finance, LLC, as amended, restated, supplemented, or modified from time to time.

First Lien Term Loan Facility means that certain prepetition first lien term loan facility provided pursuant to the First Lien Credit Agreement.

First Lien Term Loan Facility means that certain prepetition first lien secured term loan credit facility provided for under the First Lien Term Loan Agreement in the original aggregate principal amount of$660,000,000 between certain of the Debtors as obligors or guarantors and the First Lien Term Loan Lenders.

Examples of First Lien Term Loan Facility in a sentence

• The obligations of the Reorganized Debtors under the Reorganized First Lien Term Loan Facility shall be secured by substantially all of their assets, whether now existing or hereinafter acquired, subject to certain exceptions.

• The Reorganized First Lien Term Loan Facility shall be governed by the Reorganized First Lien Term Loan Documents, which shall be consistent with, and subject to the approvals and consents as to form and substance set forth in the Restructuring Support Agreement and the approval and consent of the Reorganized First Lien Term Loan Agent (which approval and consent shall not be unreasonably withheld or delayed).

• The Reorganized Debtors shall be authorized to enter into the Reorganized First Lien Term Loan Facility on the Effective Date.

• On the Effective Date, Reorganized Quoizel and/or its designated affiliate and the Exit First Lien Term Loan Facility Lender Parties shall consummate the Exit First Lien Term Loan Facility on the terms, and subject to the conditions, set forth herein and otherwise acceptable to Reorganized Quoizel and the Exit First Lien Term Loan Facility Lender Parties.

• The Plan Distributions to be made in Cash under the terms of this Plan shall be funded from: (a) the Debtors’ Cash on hand as of the Effective Date; (b) the proceeds of the New First Lien Term Loan Facility; (c) the proceeds of the Rights Offerings; (d) the proceeds of the New ABL Facility and (e) the proceeds of the Incremental Facility, to the extent necessary.

More Definitions of First Lien Term Loan Facility

First Lien Term Loan Facility means the first lien term loan facility established pursuant to the First Lien Term Loan Credit Agreement.

First Lien Term Loan Facility means any Class or tranche of First-Lien Term Loans incurred hereunder.

First Lien Term Loan Facility as defined in the recitals hereto.

First Lien Term Loan Facility means the $470,000,000 first priority secured term loan facility provided for under the First Lien Credit Agreement.

First Lien Term Loan Facility means the Indebtedness incurred by Borrower under the First Lien Term Loan Documents.

First Lien Term Loan Facility means our senior secured first lien term loan facility in an initial principal amount of $920.0 million entered into on January 8, 2020, as amended by the incremental term loan facility in an initial amount of $150.0 million entered into on November 2, 2020 and the incremental term loan facility in an initial amount of $200.0 million entered into on July 20, 2021;

First Lien Term Loan Facility means the commitment by Ares Capital Corporation (“Ares”), Ares Commercial Finance and HPS Investment Partners, LLC (“HPS”), subject to certain terms and conditions, to provide to the Corporation, through one or more funds managed or advised by Ares Capital Corporation and HPS Investment Partners, LLC or its affiliates, collectively, a $645,000,000 first lien term loan credit facility and revolving loans up to $150,000,000.