Interim Loan Facility definition

Interim Loan Facility means the term loan facilities under the Interim Loan Agreement.
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Interim Loan Facility the $225,000,000 credit facility to be provided to the Borrower pursuant to the Interim Facility Loan Documentation, and any refinancings, refundings, renewals or extensions thereof (without any increase in the principal amount thereof or any shortening of the maturity of any principal amount thereof), including, without limitation, any such refinancing with the issuance of senior notes (which may be sold in a public offering or private placement) or other refinancing, in each case on terms no less favorable to the Loan Parties and the Lender than the terms under the Interim Loan Facility Agreement.
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Interim Loan Facility means the term loan facilities under the Interim Loan Agreement. “Investment” shall have the meaning assigned to such term in Section 6.04.
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Examples of Interim Loan Facility in a sentence

  • Holders of loans under the Senior Interim Loan Facility shall vote and consent together with the Holders of Notes under the Indenture on all matters as a single class.

  • Notwithstanding anything to the contrary, the terms of the documentation shall be such that they do not impair the availability of the Credit Facilities or the Interim Loan Facility on the Closing Date if the conditions set forth herein are satisfied.

  • Each Credit Party shall have executed and delivered customary definitive financing documentation with respect to the Interim Loan Facility and the Credit Facilities reasonably satisfactory to the Administrative Agent, the Arrangers and their counsel reflecting the terms of this Commitment Letter.

  • The Company applied a portion of the net proceeds realized from the sale to repay existing debt, including debt incurred under the Interim Loan Facility, trade credit and other liabilities.

  • Notwithstanding anything in this paragraph 10 to the contrary, the parties hereto acknowledge that the Borrower intends to prepay the Interim Loan Facility in a principal amount of up to $50,000,000 on or before September 30, 2000, and each party hereto waives compliance with the written notice requirement contained in Section 7.9(a) with respect to such prepayment.

  • Notwithstanding anything in this paragraph 10 to the contrary, the parties hereto acknowledge that the Borrower intends to prepay the Interim Loan Facility in a principal amount of up to $50,000,000 on or before September 30, 2000, and each party hereto waives compliance with the written notice requirement contained in Section 6.9(a) with respect to such prepayment.

  • Indebtedness under the Interim Loan Facility, in an aggregate principal amount not to exceed $40.0 million outstanding at any time.

  • Borrower and its Restricted Subsidiaries shall not incur Indebtedness under the Revolving Credit Facility, the Interim Loan Facility and the Supplemental Credit Facility in the aggregate principal amount in excess of $400,000,000 plus any PIK Interest Amount.

  • Determinations as to whether holders of the requisite aggregate principal amount of Notes and loans under the Senior Interim Loan Facility have concurred in any direction, waiver or consent shall be made in accordance with this Article 9 and Section 2.14.

  • Accrued interest is included in Accrued Liabilities—Other on the Consolidated Statement of Financial Position.In connection with the completion of the Transactions, the Company entered into (i) the senior secured term loan facility, (ii) the Interim Loan Facility, (iii) the Revolving Credit Facility and (iv) a new synthetic letter of credit facility in an aggregate principal amount of $150.0 million.


More Definitions of Interim Loan Facility

Interim Loan Facility the $225,000,000 credit facility to be provided to the Borrower pursuant to the Interim Facility Loan Documentation, and any refinancings, refundings, renewals or extensions thereof (without any increase in the principal amount thereof), including, without limitation, any such refinancing with the issuance of senior notes (which may be sold in a public offering or private placement) or other refinancing, in each case on terms no less favorable to the Loan Parties and the Lender than the terms under the Interim Loan Facility Agreement.
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Interim Loan Facility means the loan agreement dated as of the Issue Date among the Company, The Chase Manhattan Bank and Bank of America (or affiliates of such institutions), together with any notes, guarantees, pledge agreements, security agreements, other collateral documents, and other agreements, instruments and documents, executed and delivered pursuant to or in connection with any of the foregoing, in each case as the same may be amended, supplemented, waived or otherwise modified from time to time.
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Interim Loan Facility means one or more term loan facilities of Borrower and Guaranteed by Holdings and any Subsidiary entered into prior to the Escrow Release Date the proceeds of which are used to purchase a portion of the Purchased Properties; provided that all Indebtedness in respect of any such facility shall be repaid in full, and all documents governing all Liens securing such Indebtedness shall be released and terminated (together with any filings made in connection therewith), on or prior to the Escrow Release Date.
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Interim Loan Facility means the Company's Senior Subordinated Credit Agreement, dated as of April 1, 1998. "Lock-up Agreement" is defined in the recitals.
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Related to Interim Loan Facility

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • 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.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.

  • Credit Facility Documents means the collective reference to any Credit Facility, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.7.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • 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.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).