Second Lien Credit Facility definition

Second Lien Credit Facility means the credit agreement entered into as of July 1, 2015, by and among the New Parent, the subsidiary borrowers party thereto (including, upon consummation of the Acquisition, the Company and its subsidiaries), the lenders party thereto in their capacities as lenders thereunder and the Second Lien Collateral Agent, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof.
Second Lien Credit Facility means the term loan facility outstanding under the Second Lien Credit Agreement.
Second Lien Credit Facility means the term loan facility provided for under the Second Lien Credit Agreement.

Examples of Second Lien Credit Facility in a sentence

  • Mr. Visé thanked staff and the Council for the opportunity to work with the City.

  • The Extraordinary Returning Officer shall also have the power to inflict fines of up to £25 for disruption of the Count or interference with the secrecy of the Poll.

  • All Obligations, including, without limitation, those to pay principal of and interest (including post-petition interest) on the Loans and fees and expenses in connection therewith, constitute the Senior Credit Facility (as defined in the Existing Second Lien Credit Facility), and all such Obligations are entitled to the benefits of the subordination created by the Intercreditor Agreement.

  • Such Carve-Out Cap may be incurred on behalf of the Debtor Professionals in an amount not to exceed $2,500,000 and on behalf of any Committee Professionals in an amount not to exceed $250,000 (other than any such fees and disbursements incurred in connection with the initiation or prosecution of any claims, causes of action, adversary proceedings or other litigation against the agents or lenders under the Existing RBL Credit Facility, the Existing Second Lien Credit Facility, or the DIP Facility).

  • Distributions under the Plan shall be made with: (1) Cash on hand, including Cash from operations; (2) the New Common Stock; (3) the New First Lien Credit Facility (4) the New Second Lien Credit Facility; (5) the Rights; (6) the proceeds from the Rights Offering; and (7) interests in the Litigation Trust, as applicable.


More Definitions of Second Lien Credit Facility

Second Lien Credit Facility means the “Credit Facility” under and as defined in the Second Lien Credit Agreement as of the date hereof and any similar term in the Second Lien Credit Agreement as the Second Lien Credit Agreement may be amended, restated, amended and restated, supplemented, waived or otherwise modified from time to time.
Second Lien Credit Facility means the term loan credit agreement providing for $265.0 million in term loans (the "SECOND LIEN CREDIT AGREEMENT") to be entered into on the date hereof, between the Company, the lenders party thereto in their capacities as lenders thereunder and DBTCA, as administrative agent, together with the related documents thereto (including, without limitation, any guarantee, collateral and security agreements and/or 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 any agreement extending the maturity of, refinancing, replacing or otherwise restructuring (including adding Restricted Subsidiaries of the Company as additional guarantors thereunder) all or any portion of the Indebtedness under such agreement or any successor or replacement agreement and whether by the same or any other agent, lender or group of lenders.
Second Lien Credit Facility means a $40 million non-revolving second-lien credit facility with a syndicate of lenders provided pursuant to the amended and restated syndicated credit agreement dated February 1, 2007;
Second Lien Credit Facility means that certain Credit Agreement, dated as of December 22, 2003 among the Issuer, various financial institutions party thereto, and Credit Suisse First Boston, as administrative agent, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and, in each case, as amended, modified, renewed, refunded, replaced or refinanced from time to time, including any agreement (i) extending or shortening the maturity of any Indebtedness incurred thereunder or contemplated thereby, (ii) adding or deleting borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness incurred thereunder or available to be borrowed thereunder, provided that on the date such Indebtedness is incurred it would not be prohibited by Section 4.09 hereof or (iv) otherwise altering the terms and conditions thereof.
Second Lien Credit Facility means the (a) $300 million term loan and (b) line of credit facility, in an amount not to exceed $500 million at any time outstanding provided under the Second Lien Credit Agreement.
Second Lien Credit Facility means the (a) $300 million term loan, (b) line of credit facility, in an amount not to exceed $500 million at any time outstanding, and (c) the Alternative Tranche Line of Credit Loan (as defined in the Second Lien Credit Agreement), in each case, as provided under the Second Lien Credit Agreement.
Second Lien Credit Facility means the credit facility in the maximum principal amount equal to the Second-Lien Credit Facility Commitment Amount made available by the Second-Lien Credit Facility Lenders to the Borrower in accordance with, and subject to reduction in accordance with, the provisions hereof.