Material Credit Facility definition

Material Credit Facility means, as to the Company and its Subsidiaries,
Material Credit Facility means, as to the Obligors and their Subsidiaries,
Material Credit Facility means, as to the Borrower and its Subsidiaries,

Examples of Material Credit Facility in a sentence

  • As of the Execution Date, there are no Subsidiaries that have guaranteed or have otherwise become liable, whether as a borrower or an additional or co‑borrower or otherwise, for or in respect of any Indebtedness under any Material Credit Facility.

  • Further, the Company will not, directly or indirectly, have any Secured Indebtedness outstanding under or pursuant to any Material Credit Facility unless and until the Notes (and any guaranty delivered in connection therewith) shall concurrently be secured equally and ratably with such Secured Indebtedness pursuant to documentation reasonably acceptable to the Required Holders in substance and in form.


More Definitions of Material Credit Facility

Material Credit Facility means, as to the Parent, the Issuer and its Subsidiaries,
Material Credit Facility means, as to the Borrower, the General Partner and their Subsidiaries, this Agreement and any other agreement(s) creating or evidencing indebtedness for borrowed money (excluding any Indebtedness which is “non-recourse”) entered into on or after the Agreement Execution Date by the Borrower, the General Partner or any of their Subsidiaries, or in respect of which the Borrower, the General Partner or any of their Subsidiaries is an obligor or otherwise provides a guarantee or other credit support (other than a guarantee of customary recourse exceptions) (“Credit Facility”), in a principal amount outstanding or available for borrowing equal to or greater than $5,000,000 (or the equivalent of such amount in the relevant currency of payment, determined as of the date of the closing of such facility based on the exchange rate of such other currency); and if no Credit Facility or Credit Facilities equal or exceed such amounts, then the largest Credit Facility shall be deemed to be a Material Credit Facility.
Material Credit Facility means, as to the Company or any of its Subsidiaries, any agreement(s) creating or evidencing Material Indebtedness of the Company or any of its Subsidiaries for borrowed money, or in respect of which the Company or any of its Subsidiaries is an obligor or otherwise provides a guarantee or other credit support, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancing thereof.
Material Credit Facility means any Credit Facility under which there is outstanding (without duplication) Indebtedness of the Company or any Guarantor in an aggregate principal amount equal to or greater than $100,000,000 other than, for the avoidance of doubt, any factoring, securitization or vendor finance transactions.
Material Credit Facility means, as to the Company and its Subsidiaries, any agreement(s) creating or evidencing indebtedness for borrowed money entered into on or after the date of Closing by the Company or any Subsidiary, or in respect of which the Company or any Subsidiary is an obligor or otherwise provides a guarantee or other credit support (“Credit Facility”), in a principal amount outstanding or available for borrowing equal to or greater than $25,000,000 (or the equivalent of such amount in the relevant currency of payment, determined as of the date of the closing of such facility based on the exchange rate of such other currency); and if no Credit Facility or Credit Facilities equal or exceed such amounts, then the largest Credit Facility shall be deemed to be a Material Credit Facility.
Material Credit Facility means, as to the Constituent Companies and their Subsidiaries,
Material Credit Facility means, as to the Parent Guarantor and its Subsidiaries,