Junior Facility Agreement definition

Junior Facility Agreement means the Junior Note Agreement, Junior Securities Purchase Agreement, the Junior Warrant and all other loan facility agreements, deeds or documents entered into at any time between (among others) the Junior Creditor and the Debtor and each other document constituting or evidencing any financial accommodation made available by the Junior Creditor to the Debtor or the Junior Debt from time to time.
Sample 1Sample 2Sample 3
Junior Facility Agreement means each loan agreement, indenture, note, letter of credit reimbursement agreement, reinsurance agreement, cash collateral loan agreement or other agreement identified from time to time by any Borrower as such and qualifying as such pursuant to the terms of Section 15 hereof.
Sample 1Sample 2
Junior Facility Agreement means the Junior Facility Agreement dated 30 October 1997 as amended from time to time between the Borrowers, Agent and others.
Sample 1Sample 2

Examples of Junior Facility Agreement in a sentence

  • The Senior Creditors hereby consent to the amendment made or to be made to the Junior Facility Agreement pursuant to this Agreement.

  • A Priority Agreement between the Borrowers, the Banks and the Agent under this Agreement and the Agent and the lenders under the Junior Facility Agreement.

  • The Master Collateral Agent shall deliver notice of each designation of an additional Junior Facility Agreement to each Facility Representative promptly following its receipt of notice of such designation from the Borrowers.

  • Accordingly, the Junior Agent may exercise all its rights under Clause 14 (Permitted Enforcement) by reason of an Event of Default under Clause 19.5 (Cross Default) of the Junior Facility Agreement caused by that Non-Payment Event, even if such Non-Payment Event has been cured under this Clause 26.15.

  • Assignor shall maintain the Swap Agreement, or enter into currency exchange arrangements satisfactory to MLMCI so long as Assignor shall have pledged to MLMCI and MLCS hereunder that Pledged Syndicated Bank Loan arising under the Junior Facility Agreement dated April 30, 1998, for Blackstone Hotel Acquisitions Company arranged by Merrxxx Xxxcx Xxxernational with Bankers Trust Company as Junior Agent and Security Trustee and the Novation Certificate executed by Assignor related thereto.

  • The Beneficiaries acknowledge and agree that they may not agree to vary the terms of the Senior Facility Agreement or Junior Facility Agreement (as appropriate) to increase a facility limit or extend the term.

  • The Junior Agent may give a notice under Clause 19.17 (Acceleration) of the Junior Facility Agreement accelerating the Junior Debt only to the extent necessary to ensure that there is due and payable an amount of Junior Debt not exceeding the amount available for application in or towards payment of the Junior Debt out of the proceeds of the sale of the Specified Shares.

  • The Security Trustee shall have only those duties which are expressly specified in this Agreement and/or the Security Documents and/or the Senior Facility Agreement and/or the Junior Facility Agreement.

  • Accordingly, the Junior Agent may exercise all its rights under Clause 14 (Permitted Enforcement) by reason of an Event of Default under Clause 19.5 (Cross default) of the Junior Facility Agreement caused by the breach of the Relevant Senior Covenant, even if the breach of the Relevant Senior Covenant has been cured under this Clause 26.16.

  • To approve the Capital Increase with Non Pre-Emptive Rights (NPR) of up to 3,921,553,840 shares or 10% (ten percent) of the issued and fully paid-up capital in the Company, provided that the implementation of the NPR approved by this Independent GMS shall be subject to a written approval of the Senior Facility Agent and the Junior Facility Agent under the Senior Facility Agreement and the Junior Facility Agreement.


More Definitions of Junior Facility Agreement

Junior Facility Agreement means the Junior facility agreement dated on or about the date hereof between, INTER ALIA, Fin Newco II and the Junior Lenders.
Sample 1
Junior Facility Agreement means the (Pounds)100,600,000 Junior Mortgage Loan Facility Agreement dated 30th April, 1998 and amended and restated on 17th August, 1998 between, among others, the Borrower and the Junior Creditors, providing for a sterling denominated term loan facility (as, and including any instrument pursuant to which the same is, novated, varied, supplemented or amended from time to time).
Sample 1

Related to Junior Facility Agreement

  • Senior Facility Agreement means the Facility Agreement dated 27 June 2016 (as amended from time to time) between, among others, Bendon Limited (as initial borrower) and the Debtor (as initial guarantor), and all other loan facility agreement(s) between (among others) the Senior Creditor and the Debtor from time to time and also includes each other document evidencing the provision of, or setting out the terms that apply to, any Senior Debt (of whatever nature) made or to be made available by the Senior Creditor to the Debtor from time to time (howsoever documented).

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Senior Facility has the meaning given to the term “Facility” in the Senior Facilities Agreement.

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Facility Agreement means an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.

  • 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.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, UCC financing statements or other perfection documents, intercreditor agreements, subordination agreements, fee letters, and other security documents.

  • Credit Agreement Refinancing Indebtedness means (a) Permitted First Priority Refinancing Debt, (b) Permitted Junior Lien Refinancing Debt, (c) Permitted Unsecured Refinancing Debt or (d) Indebtedness incurred or Other Revolving Commitments obtained pursuant to a Refinancing Amendment, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans, outstanding Revolving Loans or (in the case of Other Revolving Commitments obtained pursuant to a Refinancing Amendment) Revolving Commitments, outstanding loans under any Incremental Revolving Facility or undrawn commitments under any Incremental Revolving Facility (“Refinanced Debt”); provided that (i) such extending, renewing, replacing or refinancing Indebtedness (including, if such Indebtedness includes any Other Revolving Commitments, the unused portion of such Other Revolving Commitments) is in an original aggregate principal amount not greater than the sum of the aggregate principal amount of the Refinanced Debt (and, in the case of Refinanced Debt consisting, in whole or in part, of unused commitments under any Incremental Revolving Facility or Other Revolving Commitments, the amount thereof) plus all accrued and unpaid interest and fees thereon and expenses incurred in connection with such extension, renewal, replacement or refinancing, (ii) such Indebtedness has a maturity that is equal to or later than and, except in the case of Other Revolving Commitments, a Weighted Average Life to Maturity equal to or greater than the Refinanced Debt, and (iii) such Refinanced Debt shall be repaid, defeased or satisfied and discharged, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained; provided that to the extent that such Refinanced Debt consists, in whole or in part, of commitments under any Incremental Revolving Facility or Other Revolving Commitments (or loans incurred pursuant to any Incremental Revolving Facility or Other Revolving Loans), such commitments shall be terminated, and all accrued fees in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained.

  • Refinancing Agreement as defined in Subsection 8.3(c).

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or 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 Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • DIP Facility Documents means the DIP Credit Agreement and any other documents and agreements entered into in connection with the DIP Credit Agreement or the incurrence of the DIP Facility and any orders of the Bankruptcy Court related thereto or entered in connection therewith.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Credit Agreement Documents means the collective reference to any Credit Agreement, 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.

  • Repayment Agreement means an agreement

  • Senior Facilities means the Credit Agreement and any Additional Senior Debt Facilities.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • ABL Facility Documents the “Loan Documents” as defined in the Senior ABL Facility Agreement, as the same may be amended, supplemented, waived, otherwise modified, extended, renewed, refinanced or replaced from time to time.

  • Second Lien Note Documents means the Second Lien Note Indenture, the Second Lien Notes, the Second Lien Security Documents and each other document, instrument or agreement relating to the issuance of the Second Lien Notes, as the same may be amended, restated, supplemented, waived and/or otherwise modified from time to time in accordance with the terms thereof, of this Agreement and of the Intercreditor Agreement.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.