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 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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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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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.

  • Any monies received by the Pledgee as a result of the enforcement of the Pledge shall be applied by the Pledgee in or towards payment of the Secured Liabilities in accordance with the terms of the Interim PIK Facility Agreement.

  • 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.

  • 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.

  • 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.

  • Until then, the Pledgee shall be entitled to treat all enforcement proceeds at its sole discretion in accordance with this Agreement and the terms of the Interim PIK Facility Agreement, towards the discharge of the Secured Liabilities.

  • 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.

  • Until then, the Pledgee shall be entitled to apply all enforcement proceeds in accordance with this Agreement and the terms of the Interim PIK Facility Agreement, towards the discharge of the Secured Liabilities.

  • By an interim PIK facility agreement dated on or about the date hereof and made between, among others, (i) the Debtor as original borrower, (ii) the Pledgor as topco, (iii) HSBC Bank plc as interim PIK facility agent and (iv) HSBC Corporate Trustee Company (UK) Limited as interim PIK security agent (the “Interim PIK Facility Agreement”), the Original Interim PIK Lenders have agreed to provide funding to the Pledgor upon the terms and subject to the conditions of the Interim PIK Facility Agreement.


More Definitions of PIK Facility Agreement

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 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 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 any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

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

  • 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.

  • 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).

  • 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.

  • 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, UCC financing statements or other perfection documents, intercreditor agreements, subordination agreements, fee letters, and other security documents.

  • 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.

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

  • 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.

  • 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, 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 shall have the meaning set forth in the recitals hereto.

  • 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.