Examples of Refinanced Facility in a sentence
Brendan Managing Manager Each of the Facility Entities which owns a Refinanced Facility By: /s/ Xxxxxx X.
The Refinanced Facility (other than contingent obligations (including indemnification obligations) that by their terms are to survive the termination of the relevant loan documentation and debt instruments evidencing the Refinanced Facility) shall have been (or substantially concurrently with the making of the Tranche A Loans on the Closing Date shall be) repaid or satisfied and discharged, and in connection therewith all guarantees and liens shall have been released, on or prior to the Closing Date.
To the extent any prepayments of the Galleria Credit Facility or the Refinanced Facility are permitted hereunder, such prepayments will be made, in each case, solely (I) out of SplitCo’s and its Subsidiaries’ operating cash flows generated on or after the Closing Date or (II) as otherwise required by the terms of the Galleria Credit Facility or the Refinanced Facility, as applicable.
The Borrower shall use the proceeds of the Loans (i) for repaying the Refinanced Facility and (ii) for working capital and general corporate purposes, including the payment of fees and expenses associated with this Agreement.
After the Closing, Acquiror shall be permitted to guarantee SplitCo’s obligations under the Galleria Credit Facility or the Refinanced Facility, if, in each case, SplitCo receives a Bank Letter.