Interim Facilities Agreement definition

Interim Facilities Agreement the interim facility agreement between Bidco, the Interim Lenders and Lucid Agency Services Limited as facility agent;

Interim Facilities Agreement has the meaning given to this term in the recitals.

Interim Facilities Agreement means the interim facilities agreement to the extent entered into on or prior to the Closing Date between, among others, the Company and the Mandated Lead Arrangers.

Examples of Interim Facilities Agreement in a sentence

• Subject to the terms of the Interim Facilities Agreement, the Pledgee may delegate to any person or persons all or any of the powers, authorities and discretion, which are exercisable by it under this Agreement provided the Pledgee shall act with due care when selecting any such person.

• Subject to the terms of the Interim Facilities Agreement, this Agreement may be amended or waived only with the prior consent in writing of the Parties and any such amendment or waiver will be binding on the Parties.

• Any monies received by the Pledgee as a result of the enforcement of the Pledge shall be applied by the Pledgee in or towards payment of the Secured Liabilities in accordance with the terms of the Interim Facilities Agreement.

• The Cash Consideration payable to Inmarsat Shareholders pursuant to the Acquisition will be financed by a combination of equity to be invested by the Apax Funds, the Warburg Pincus Funds, CPPIB and OTPP and debt to be provided under an Interim Facilities Agreement provided by Barclays, Bank of America, N.A. and UBS, Stamford Branch as interim lenders.

• We further refer to the letter, dated on or around the date of this Commitment Letter, relating to the documentary conditions precedent set out in Schedule 3 (Conditions Precedent) of the Interim Facilities Agreement (as such letter may be amended, amended and restated, supplemented, modified or replaced from time to time, the “Interim CP Satisfaction Letter”).

More Definitions of Interim Facilities Agreement

Interim Facilities Agreement means the interim facilities agreement originally dated 24 March 2019, as amended and restated on 13 April 2019, between, among others, Bidco as Obligors’ Agent (as defined therein) and Barclays Bank PLC as Interim Facility Agent (as defined therein).

Interim Facilities Agreement means the interim facilities agreement dated on or about the date of this Agreement between, amongst others, Rock TopCo Limited (as Holdco), the Grantor (as Midco and a Borrower), Rock Bidco Limited (as Bidco and a Borrower), the financial institutions listed in Schedule 2 thereto (as the Original Interim Lenders) and the Interim Security Agent;

Interim Facilities Agreement means the interim facilities agreement dated on or about the date of this Deed between, amongst others, Aqueduct Bidco Limited as borrower and the financial institutions named therein as original interim lenders.

Interim Facilities Agreement means the interim facilities agreement attached hereto as Appendix 5.

Interim Facilities Agreement the interim facilities agreement dated on or about the date of this Agreement and made between, among others, the Secured Party as borrower and Lucid Agency Services Limited as Interim Facility Agent;

Interim Facilities Agreement means the interim facilities agreement dated on or about the date of this Deed between, among others, the Chargor as the ‘Parent’, the Interim Facility Agent and the financial institutions named therein as the ‘Original Interim Lenders’;

Interim Facilities Agreement means the interim facilities among others, the Company and Xxxxx Agency Services Limited and Xxxxx Trustee Services Limited (as interim agent and interim security agent, respectively, thereunder), dated 9 June 2023.