Interim Term Facility definition

Interim Term Facility means the term credit facility made available under this Agreement as described Clause 2 (The Interim Facility).
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Interim Term Facility means the Interim Term Loan Commitments and the Interim Term Loans made hereunder.
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Interim Term Facility means the term loan facility made available under this Agreement as
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Examples of Interim Term Facility in a sentence

  • Subject to the terms of this Agreement the Interim Term Lenders make available to Bidco an interim term loan facility in an aggregate amount equal to the Total Interim Term Commitments (the Interim Term Facility).

  • Notwithstanding anything herein to the contrary, the parties hereto hereby agree that, on or about December 30, 2016, the Borrower may transfer all of its rights and Obligations under the Loan Documents relating to the Interim Term Facility (such Obligations relating to the Interim Term Facility, the “Interim Facility Obligations”) to the Foreign Borrower; provided that no Default or Event of Default has occurred or is occurring on such date.

  • The Borrower shall use commercially reasonable efforts to (or, following the consummation of an Interim Term Loan Assumption, shall use commercially reasonable efforts to cause the Foreign Borrower to) prepay the Interim Term Loans as soon as practicable on or after January 1, 2017, and prior to the Interim Term Facility Maturity Date.

  • Foreign Subsidiaries of the Borrower have deposited earnings in an amount sufficient to repay the Interim Term Facility in full into a deposit account or other accounts permitted pursuant to the Loan Documents (or shall have otherwise been invested in Cash Equivalents or other similar instruments reasonably acceptable to the Administrative Agent) pending the repatriation of such earnings to the Borrower.

  • The Interim Revolving Facility shall not be utilised unless the Interim Term Facility has been utilised or will be utilised on or prior to the proposed Utilisation Date for the Interim Revolving Facility.

  • The Interim Term Facility is available to be drawn, subject to satisfaction of the conditions precedent set forth in the Interim Facilities Agreement, from the date of the Interim Facilities Agreement to 11:59 p.m. on the last day of the Certain Funds Period (as defined below).

  • The Borrower shall repay the Interim Term Loans in full on the Interim Term Facility Maturity Date.

  • For the avoidance of doubt, this Section 9.20 applies to the Interim Term Facility only and does not apply to the Initial Term B Facility or any other Facilities under this Agreement.

  • Until the Interim Term Facility has been repaid in full, use the earnings of Foreign Subsidiaries described in Section 4.28 for any purpose other than to repay the Interim Term Facility.


More Definitions of Interim Term Facility

Interim Term Facility means (a) prior to the Effective Date, the Interim Term Commitments and (b) thereafter, the Interim Term Loans.
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Interim Term Facility means, at any time, the aggregate amount of the Interim Term Lenders’ Interim Term Commitments at such time. The initial amount of the Interim Term Facility in effect on the Closing Date is FIFTEEN MILLION SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($15,750,000).
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Interim Term Facility means the term loan facility made available in accordance with this letter being EUR 328,977,325.
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Related to Interim Term Facility

  • New Term Facility has the meaning specified in Section 2.14(a).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

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

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

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Tranche A Term Loan as defined in Section 2.1.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • 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.

  • New Term Loans as defined in Section 2.24.

  • Tranche C Term Loan as defined in Section 2.1.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

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

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).