Revolving Facility Obligations definition

Revolving Facility Obligations means all “Obligations” (as such term is defined in the Revolving Credit Agreement) now or hereafter owing to Revolving Facility Secured Parties, and all other indebtedness and obligations now or hereafter owing to the Revolving Facility Secured Parties that is secured by any of the Bank Agreement Security Documents.

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Revolving Facility Obligations means the “Obligations” as such term is defined in the Revolving Facility Credit Agreement.

Revolving Facility Obligations means obligations of the Borrower and the other Loan Parties from time to time arising under or in respect of the due and punctual payment of (i) the principal of and premium, if any, fees and interest (including interest accruing during (or that would accrue but for) the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on and reimbursement obligations in connection with the Loans and Letters of Credit, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment, upon the drawing thereof or otherwise and (ii) all other monetary obligations, including fees, costs, expenses and indemnities, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), of the Borrower and the other Loan Parties under this Agreement and the other Loan Documents.

Examples of Revolving Facility Obligations in a sentence

This authorization is coupled with an interest and is irrevocable until the Discharge of Revolving Facility Obligations.
Each Protective Advance shall be secured by the Liens in favor of the Agent in and to the Collateral and shall constitute Revolving Facility Obligations hereunder.
The foregoing shall not prevent any Term Loan Lender from proposing any other DIP Financing to the Borrower or any Grantor or to a court of competent jurisdiction; provided, however, that no such proposal will be made unless it unconditionally provides that the Revolving Facility Obligations shall be repaid in full upon the effective date of such proposed DIP Financing.
The lien priorities provided in Section 2.1 shall not be altered or otherwise affected by any such amendment, modification, supplement, extension, repayment, reborrowing, increase, replacement, renewal, restatement or refinancing of either the Revolving Facility Obligations or the Term Facility Obligations, or any portion thereof.
The Term Facility Agent, on behalf of itself and the other Term Facility Secured Parties, further agrees that, prior to the Revolving Facility Obligations Payment Date, none of them shall assert or enforce any claim under Section 506(b) or 506(c) of the Bankruptcy Code or otherwise that is senior to or on a parity with the Revolving Facility Liens for costs or expenses of preserving or disposing of any Revolving Facility Priority Collateral.

More Definitions of Revolving Facility Obligations

Revolving Facility Obligations means all Obligations, other than Obligations in respect of any Secured Cash Management Agreement or Secured Hedge Agreement.

Revolving Facility Obligations as defined in the Senior Lender Intercreditor Agreement. This Agreement is a “Credit Agreement” for purposes of the Subordinated Indentures, the First Priority Notes Indentures and the Second Lien Notes Indentures.

Revolving Facility Obligations means any and all obligations of the Borrower with respect to the Revolving Facility.

Revolving Facility Obligations means all Obligations in respect of the Revolving Facility.

Revolving Facility Obligations means all “Obligations” (or any comparable term) as defined in the Revolving Facility Credit Agreement.

Revolving Facility Obligations means the outstanding principal amount of all Advances, all interest accrued thereon, all costs, charges, fees and expenses payable in connection therewith and all extensions and renewals thereof. Segment shall mean a portion of the Advances (or all thereof) with respect to which a particular interest rate is (or is proposed to be) applicable. The aggregate amount of all Advances that bear interest at the Quoted Cost of Funds Rate shall be deemed to constitute a single Segment. The aggregate amount of all Advances that bear interest at the same LIBOR-Based Rate and for the same Interest Period shall be deemed to constitute a single Segment. Solvent shall mean, as to any person, on a particular date, that such person has capital sufficient to carry on its business and transactions and all business and transactions in which it is about to engage, is able to pay its debts as they mature, owns property having a value, both at fair valuation and at present fair saleable value, greater than the amount required to pay its probable liability on existing debts as they become mature (including known reasonable contingencies and contingencies that should be included in notes of such person's financial statements pursuant to generally accepted accounting principles), and does not intend to, and does not believe that it will, incur debts or probable liabilities beyond its ability to pay such debts or liabilities as they mature. Subsidiary shall mean (1) any corporation more than 50% of whose shares of stock having general voting power under ordinary circumstances to elect a majority of the board of directors, managers or trustees of such corporation (irrespective of whether or not at the time stock of any other class or classes has or might have voting power by reason of the happening of any contingency), are owned or controlled directly or indirectly by the Borrower, or (2) any partnership or limited liability company, 50% or more of the partnership or membership interests in which are owned or controlled, directly or indirectly, by the Borrower, and includes entities currently or hereafter falling within the categories described above. Technology Leases shall mean leases relating to hardware, software and related programming and information services. Termination Date shall mean the maturity date of the Credit Obligations (which is initially June 19, 2000), as such date may be extended from time to time pursuant to Section 2.8 or accelerated pursuant to Section 8.1.

Revolving Facility Obligations means the Indebtedness and other obligations of the “Borrowers” under the Revolving Facility Agreement, and includes without limitation the “Obligations” as defined in the Revolving Facility Agreement.