Initial Credit Facilities definition

Initial Credit Facilities means the Initial Term Loans, the Initial Term C Loans and the Initial Revolving Credit Loans (and the related Revolving Credit Exposure with respect to the Revolving Credit Commitments).
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Initial Credit Facilities has the meaning assigned to such term in the Recitals to this Agreement.
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Initial Credit Facilities means the (i) a senior secured asset-based revolving credit facility in the aggregate principal amount dated as if February ___, 2008 among the Issuer and certain of its Subsidiaries, as borrowers, the lenders named therein, and Citibank, N.A. as administrative agent and as collateral agent, and (ii) a credit agreement to be dated on or about the Issue Date among the Issuer, as borrower, the lenders named therein, and Citibank, N.A. as administrative agent and as collateral agent, and in each case including any notes, guarantees, collateral and security documents (including mortgages, pledge agreements and other security arrangements), instruments and agreements executed in connection therewith, and in each case as amended or Refinanced from time to time, including, without limitation, any agreement or agreements extending the maturity of, or Refinancing (including increasing the amount of borrowings or other Indebtedness outstanding or available to be borrowed thereunder), all or any portion of the Indebtedness under such agreement, including, without limitation, any indenture or indentures, and any successor or replacement agreement or agreements, including, without limitation, any indenture or indentures with the same or any other agents, creditor, lender or group of creditors, lenders, trustee or noteholders.
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Examples of Initial Credit Facilities in a sentence

  • The occurrence of a Change of Control would constitute a default under the Initial Credit Facilities.

  • Certain Conditions Conditions precedent to the initial funding of the ------------------ Precedent to Initial Credit Facilities will include, without limitation, -------------------- Funding: the following: ------- 1.

  • Subject to the terms of each Authorised Credit Facility, where an Authorised Credit Provider is under an obligation to make further advances to a Borrower and/or a WCF Borrower (as defined in the Initial Credit Facilities Agreement), such obligation will be deemed to be incorporated in this Security Agreement as if set out in this Security Agreement.


More Definitions of Initial Credit Facilities

Initial Credit Facilities means the Cdn. $219,115,087 Secured Credit Facility Agreement between the Grantor (as borrower) and Royalty Owner (as lender) dated as of January 24, 2003 and all amendments thereto, replacements thereof and substitutions therefor;
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Initial Credit Facilities means the Cdn. $75,000,000 Extendible Revolving/Non-Revolving Term Credit Facility Agreement between the Grantor (as borrower) and Canadian Imperial Bank of Commerce (as lender) dated as of October 16, 1996 and all amendments thereto, replacements thereof, substitutions therefor and additions and supplements thereto;
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Initial Credit Facilities means the Initial Term B Loans, the Initial Term C Loans and the Initial Revolving Loans (and the related Revolving Credit Exposure with respect to the Revolving Commitments). “Initial Revolving Loans” shall have the meaning provided in Section 2.01(c). “Initial Term B Commitment” shall mean the commitment of a Lender to make or otherwise fund an Initial Term B Loan, and “Initial Term B Commitments” shall mean such commitments of all of such Lenders in the aggregate. The amount of each Lender’s Initial Term B Commitment, if any, is set forth on Schedule 1.1(a) or in the applicable Assignment and Acceptance, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term B Commitments as of the Closing Date is $580,000,000. “Initial Term B Lender” shall mean each Lender holding an Initial Term B Loan. “Initial Term B Loan” shall mean, collectively, (i) the Term B Loans made to the Borrower on the Closing Date pursuant to Section 2.1(a) and (ii) the 2023-1 Incremental Term B Loans made to the Borrower on the Amendment No. 1 Effective Date pursuant to Amendment No. 1. “Initial Term B Repayment Amount” shall have the meaning provided in Section 2.5(b)(i).
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Related to Initial Credit Facilities

  • Credit Facilities means one or more debt facilities (including the Credit Agreement) or commercial paper facilities providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit, or any debt securities or other form of debt financing (including convertible or exchangeable debt instruments), in each case, as amended, supplemented, modified, extended, renewed, restated or refunded in whole or in part from time to time.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of March 25, 2010, among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

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

  • Incremental Facilities has the meaning specified in Section 2.14(a).