PIK Facility Agreement definition

PIK Facility Agreement means the €350,000,000 subordinated PIK Facility Agreement dated on or about the date of this Agreement and made between (amongst others) PIKCo, the PIK Facility Arrangers and the PIK Facility Lenders.
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PIK Facility Agreement means the facility agreement dated as of April 3, 2005, as amended and restated on June 15, 2005, between (1) Xxxx PIK, as the Company, (2) Xxxx I S.à x.x., as the Parent Guarantor, (3) X.X. Xxxxxx Europe Limited as Agent and Collateral Agent, and (4) the Lenders named therein.
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PIK Facility Agreement means a PIK facility agreement dated 3 March 2004 between beta Holding GmbH as parent, beta KG as borrower, Indigo Capital Limited as arranger and agent, Commerzbank Aktiengesellschaft as security agent and others and all documents executed in connection therewith, in each case as amended and in force at the Closing Date;
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Examples of PIK Facility Agreement in a sentence

  • Finco is the borrower under the PIK Facility Agreement and will lend funds which it receives pursuant to the PIK Facility Agreement to the Offeror in order to fund the cash consideration due in connection with the Acquisition (the "Offeror Group Loan").

  • The cash consideration payable by the Offeror pursuant to the Acquisition will be financed by up to£527 million of debt to be provided under the PIK Facility Agreement.

  • A.1 IPS refers the tenderers to Page 9 of the Contract & Specification document where it states that “the tenderer must quote for all products listed in the pricing document”.

  • Subject to the terms of the Interim PIK Facility Agreement, the Pledgee may delegate to any person or persons all or any of the powers, authorities and discretion, which are exercisable by it under this Agreement provided the Pledgee shall act with due care when selecting any such person.

  • Subject to the terms of the Interim PIK Facility Agreement, this Agreement may be amended or waived only with the prior consent in writing of the Parties and any such amendment or waiver will be binding on the Parties.

  • The £50 million subscription will reduce the amount to be borrowed under the PIK Facility Agreement by an equivalent amount.

  • All communication ad notices provided for under this Agreement shall be provided for in the manner described in Clause 20 (Notices) of the Interim PIK Facility Agreement.

  • All communication ad notices provided for under this Agreement shall be provided for in the manner described in clause 20 (Notices) of the Interim PIK Facility Agreement.

  • Borrowings under the PIK Facility Agreement are to be used towards providing a loan to the Offeror in order to fund the payment of the consideration to the holders of the Scheme Shares and/or in meeting related transaction costs.

  • There may also be some minor amendments to adjust certain of the permissions contained in the PIK Facility Agreement to take account of matters that have arisen since 17 December 2020.


More Definitions of PIK Facility Agreement

PIK Facility Agreement the PIK facility agreement dated on or before the date of this Announcement between, amongst others, Stonegate Pub Company PIKCO Holdings Limited as borrower, AlbaCore Partners I Investment Holdings A Designated Activity Company and AlbaCore Partners II Investment Holdings C Designated Activity Company as lenders and Wilmington Trust (London) Limited as the facility agent
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PIK Facility Agreement means a PIK facility agreement dated 3 March 2004 between beta Holding GmbH as parent, beta KG as borrower, Indigo Capital Limited as arranger and agent, Commerzbank Aktiengesellschaft as security agent and others and all documents executed in connection therewith, in each case as amended and in force at the Closing Date; "PIK OPTION AGREEMENT" shall mean the Option Agreement between beta KG and Indio Capital IV L.P. dated 3 March 2004; "PURCHASE PRICE FOR SHAREHOLDER LOAN" shall have the meaning set out in Clause 3.2; "PURCHASE PRICE FOR SHARES" shall have the meaning set out in Clause 3.1; "PURCHASER" shall have the meaning set out in the introduction; "PURCHASER'S CLAIM" shall have the meaning set out in Clause 5.2; "PURCHASER'S KNOWLEDGE" shall have the meaning set out in Clause 6.7; "SELLERS' CLOSING ACCOUNT" shall have the meaning set out in Clause 3.4.1; (*)
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PIK Facility Agreement means the PIK facility agreement dated on or around the Signing Date made between, inter alia, Lux PIKco and X.X. Xxxxxx Europe Limited;
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Related to PIK Facility Agreement

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • 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;

  • 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.

  • 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.

  • 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.

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

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

  • 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.

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

  • 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.

  • 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, intercreditor agreements, subordination agreements, fee letters, and other security documents

  • 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.

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

  • Credit Agreement Refinancing Indebtedness means (a) Permitted First Priority Refinancing Debt, (b) Permitted Junior Priority Refinancing Debt or (c) Permitted Unsecured Refinancing Debt, 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, repurchase, retire or refinance, in whole or part, existing Term Loans, or any then-existing Credit Agreement Refinancing Indebtedness (“Refinanced Debt”); provided that (i) such Indebtedness has a maturity no earlier, and a Weighted Average Life to Maturity equal to or greater, than 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (ii) such Indebtedness shall not have a greater principal amount (or accreted value, if applicable) than the principal amount (or accreted value, if applicable) of the Refinanced Debt plus accrued interest, fees, premiums (if any) and penalties thereon and reasonable fees and expenses associated with the refinancing, (iii) the terms and conditions of such Indebtedness (except as otherwise provided in clause (ii) above and with respect to pricing, rate floors, discounts, premiums and optional prepayment or redemption terms) are substantially identical to, or (taken as a whole) are no more favorable to the lenders or holders providing such Indebtedness, than those applicable to the Refinanced Debt being refinanced (except for covenants or other provisions applicable only to periods after the Latest Maturity Date at the time of incurrence of such Indebtedness) (provided that a certificate of a Responsible Officer delivered to the Agent at least five (5) Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Parent Borrower has determined in good faith that such terms and conditions satisfy the requirement of this clause (iii) shall be conclusive evidence that such terms and conditions satisfy such requirement unless the Agent notifies the Parent Borrower within such five (5) Business Day period that it disagrees with such determination (including a description of the basis upon which it disagrees)), and (iv) such Refinanced Debt shall be repaid, repurchased, retired, defeased or satisfied and discharged, and all accrued interest, fees, premiums (if any) and penalties in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this 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 (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refinanced or otherwise modified, in whole or in part, from time to time.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • 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.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • 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;

  • 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.

  • Credit Line Agreement means the related credit line account agreement for a Mortgage Loan executed by the related mortgagor and any amendment or modification of it.

  • Term Credit Agreement means the Term Credit Agreement and any other agreement extending the maturity of, consolidating, restructuring, refunding, replacing or refinancing all or any portion of the Term Obligations, whether by the same or any other agent, lender or group of lenders and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

  • Credit Agreements means any promissory note, mortgage, loan agreement, indenture or similar instrument or agreement to which the Company or any of its Subsidiaries is or becomes a borrower, as such instruments or agreements may be amended, restated, supplemented or otherwise modified from time to time and including any one or more refinancing or replacements thereof, in whole or in part, with any other debt facility or debt obligation, for as long as the payee or creditor to whom the Company or any of its Subsidiaries owes such obligation is not an Affiliate of the Company.

  • Repayment Agreement means an agreement