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 has the meaning specified in Section 3.3.
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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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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.

  • The consideration for the Assignment will be satisfied partly in cash (by drawing down on the New Bank Facility and from the proceeds of the Unit Placement) as well as through the issuance of Consideration Units and Deferred Units to YXP Nominee.

  • There are no material changes to the terms of the New Bank Facility as disclosed in the Circular.

  • If and when the PICC Placement subsequently completes, the entire net proceeds of the PICC Placement will be used to partially repay the amount drawn down under the New Bank Facility.

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

  • The New Bank Facility relates to a Hong Kong dollar 3-year term loan facility of up to an aggregate principal amount of U.S.$60 million, bearing an interest rate of 2.25% per annum above the LIBOR rate applicable to the relevant interest period selected by the Borrower, with adjustments for default interest and such interest being payable on the last day of each interest period.

  • The decrease in value included a positive impact of €0.2 million as a result of the appreciation of the RMB versus the EUR (2019: positive impact of €1 million).

  • PICC Placement and amount drawn down under New Bank Facility None of the three conditions of the PICC Placement (as summarised in the Launch Announcement) were satisfied prior to 3 October 2012, and consequentially, the closing of the PICC Placement did not occur by such date, being the latest date to issue a draw down notice under the New Bank Facility.

  • The New Bank Facility will bear interest at a margin of 1.15% per annum over HIBOR, and will mature and become repayable in 36 months from the date on which the New Bank Facility is drawn down.

  • The said listing on the Smileindia services do not in any way represent any fixed objective ranking or relates to any endorsement being made by Smileindia.


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 shall have the meaning specified in paragraph 3H.
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Related to New Bank Facility

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, 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 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.

  • 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.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • 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 hereto.

  • 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.

  • 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.

  • 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).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • 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.