Secured Term Loan Facility definition

Secured Term Loan Facility means that credit facility made available to the Borrower and certain of its Subsidiaries pursuant to the Secured Term Loan Agreement.
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Secured Term Loan Facility means the prepetition senior secured term loan facility provided by the Secured Term Loan Lenders.
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Secured Term Loan Facility means that $1.5 billion secured credit facility governed by the Secured Term Loan Documents.
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Examples of Secured Term Loan Facility in a sentence

  • In addition, each Loan Party and each Lender hereby acknowledges that the Agents and/or their Affiliates may make a loan to the Borrower under the Senior Secured Term Loan Facility.

  • Accordingly, interest expense and amortization of debt discounts and loan origination fees related to the Senior Secured Term Loan Facility totalling $4,797,506 and $2,308,388, was allocated to discontinued operations for the three months ended March 27, 2021 and 2020, respectively and $13,329,130 and $7,507,064 for the nine months ended March 27, 2021 and 2020, respectively.

  • The New Senior Secured Term Loan Facility has an annual amortization rate of 1.00%.

  • After giving effect to the Transactions and the other transactions contemplated hereby, Holdings, the Borrower and the Subsidiaries shall not have any outstanding Indebtedness or preferred stock other than (a) the Obligations, (b) Indebtedness under the Senior Secured Term Loan Facility, (c) the Senior Subordinated Notes and (d) Indebtedness permitted under Section 6.01.

  • The parties to this Agreement acknowledge that the rights and obligations of the Collateral Agent under this Agreement are governed by the Senior Secured Term Loan Facility and the provisions for indemnifying the Collateral Agent contained therein shall apply mutatis mutandis to this Agreement.

  • The terms and conditions of the Senior Subordinated Notes and the Senior Secured Term Loan Facility shall be reasonably satisfactory to the Administrative Agent.

  • Concurrently, NXP called the $486 million principal amount Senior Secured Term Loan Facility due March 4, 2017.

  • While Policy BT-7 does not require a “Master Plan” it does describe a comprehensive approach when crafting new policies that includes “development standards, design guidelines, and a design program encompassing all properties within the neighborhood center”.

  • U.S. Department of the Treasury, Indicative Summary of Terms for Secured Term Loan Facility [GM], at Appendix A (Dec.

  • All side slides (handheld and toe) include a 90 degree turn from skiing position and a return to skiing position in the original direction.


More Definitions of Secured Term Loan Facility

Secured Term Loan Facility means that certain Senior Secured Credit Agreement dated as of September 28, 2023, among the Borrower, Xxxxx Fargo Bank, National Association, as the administrative agent and certain other lenders and financial institutions party thereto from time to time, as the same has been and may be further amended, restated, extended, supplemented, replaced, refinanced or otherwise modified from time to time in accordance with the terms thereof to the extent permitted under the Loan Documents.
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Secured Term Loan Facility means that certain Senior Secured Credit Agreement dated as of September 28, 2023, among the Borrower, Wells Fargo Bank, National Association, as the administrative agent and certain other lenders and financial institutions party thereto from time to time, as the same has been and may be further amended, restated, extended, supplemented, replaced, refinanced or otherwise modified from time to time in accordance with the terms thereof to the extent permitted under the Loan Documents.
Sample 1
Secured Term Loan Facility means the secured term loan facility provided to the Borrower pursuant to certain Credit Agreement, dated as of the Effective Date, by and among, the Borrower, Deutsche Bank AG New York Bank, as administrative agent, and each of the lenders party thereto from time to time.
Sample 1

Related to Secured Term Loan Facility

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

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

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.