New Bank Facility definition

New Bank Facility means the amended and restated credit agreement, among the Company, Holdings, Associated, Gentek Building Products Limited and UBS AG, Stamford Branch and Canadian Imperial Bank of Commerce, as administrative agents, dated as of the date hereof.
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New Bank Facility means the exit financing to be obtained by the Reorganized Debtors, as described in Article IV.D, with terms substantially as set forth on Exhibit C.
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New Bank Facility shall have the meaning specified in paragraph 3H.
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Examples of New Bank Facility in a sentence

  • The New Bank Facility will mature and the outstanding principal amount will become repayable 36 months from the date on which the Borrower draws down on the New Bank Facility.

  • In the event any party to this Agreement should bring suit against the other party in respect to any matters provided for herein, the prevailing party shall be entitled to recover from the non-prevailing party its costs of court, legal expenses and reasonable attorneys’ fees whether incurred before, during or after trials or an appeal.

  • The Subscription Monies will be financed by drawing down on the New Bank Facility.

  • You understand that, in arranging and syndicating any New Bank Facility, the Arranger will be entitled to use and rely on the Information and the Projections without responsibility for independent verification thereof.

  • Mixed thoroughly and tubes were kept in boiling water for 1 minute, allowing it to cool down and 650 nm (absorbance) was measured against a reagent blank (Thimmaiah, 1999).

  • The Trustee will provide an unconditional and irrevocable guarantee in favour of the lender in respect of the New Bank Facility.

  • Upon termination or early cancellation of the New Bank Facility, the covenants and all other terms of the original RCF will apply until the maturity of the RCF in October 2023.

  • PDREP then routes the SDR reply through WebSDR back to SCES and the ILCO originator.

  • Borrowings (continued)On 5 June 2020, the Company agreed with its lending banks to increase its existing £70 million RCF with an additional£30m facility for a term of 18 months, which was subsequently extended on 17 December 2020 to June 2022 (the New Bank Facility).

  • The terms of the New Bank Facility are in line with the indicative terms disclosed in the Circular.


More Definitions of New Bank Facility

New Bank Facility means any new bank facility with a commercial bank for the purposes of refinancing any of the Existing Facilities or establishing one or more new facilities, in an amount not to exceed at any time the total amount of the Bank Commitments in aggregate, and always subject to compliance with the Incurrence Test, however, so that the Commerzbank Facilities may, subject to compliance with the Incurrence Test, be refinanced (increased or extended) in one or more facilities in any Group Company up to a maximum commitment equivalent to 10 per cent. (in aggregate for all Commerzbank Facilities outstanding at any time) of the Nominal Amount of Bonds outstanding (or the equivalent in any currency).
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New Bank Facility has the meaning specified in Section 3.3.
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Related to New Bank Facility

  • Bank Facility means any credit agreement, including the Credit Agreement dated December 17, 2014, among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended on April 30, 2015, December 8, 2015, and December 22, 2016, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • 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.

  • 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.

  • 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.

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

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • 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.

  • 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.

  • 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.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

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

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

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

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

  • Original Lenders shall have the meaning assigned to such term in the recitals.

  • 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.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

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

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).