Senior Debt Financing definition

Senior Debt Financing means any part of the Project Financing that is debt financing (including capitalized interest) and that, through arrangement with the Contractor has or shares in a first charge on, or otherwise has or shares in first priority to, the Payment; but not in any event exceeding the amount of the Senior Debt Financing indicated in or by the Contractor’s Proposal adjusted for any increase or decrease in that amount that is:

Senior Debt Financing has the meaning set forth in Section 5.05(a).

Senior Debt Financing means the debt financing contemplated by the Loan Agreement.

Examples of Senior Debt Financing in a sentence

• Nothing in this Agreement shall in any way constitute the Province a guarantor of the Senior Debt Financing.

• Such collective of Lenders may include any providers of the Senior Debt Financing as well as any monoline insurer or any other provider of credit enhancement in relation to the Senior Debt Financing, provided such collective is represented by a single trustee or other representative for purposes of dealing with the Province and the Contractor under the Direct Lender Agreement.

• Additionally, the Contractor may, in furtherance of the Project or the O&M, provide to its subcontractors, agents and employees or any representatives of the holders of the Senior Debt Financing, a right of access to and use of the Lands, but no such right of access and use shall have effect beyond the expiry or termination of this Agreement.

• Purchaser is reasonably satisfied that it will have sufficient funds (including equity capital, Senior Debt Financing and Subordinated Debt Financing) to enable it to purchase the Shares pursuant to the Merger in accordance with terms hereof, pay all related fees and expenses and effect all other transactions contemplated hereby.

• Purchaser has heretofore provided the Company with true and correct copies of (i) a proposal letter with respect to Purchaser's expected senior debt financing sources for the funding (the "Senior Debt Financing") of a portion of the Merger Consideration, and (ii) a term sheet with respect to Purchaser's expected subordinated debt financing sources for the funding (the "Subordinated Debt Financing") of a portion of the Merger Consideration.

More Definitions of Senior Debt Financing

Senior Debt Financing means any loans advanced to IGPC including the loan facilities made available under the FCC Facility, the BDC Facility, and the Libro Line of Credit which are secured by: (a) an unlimited guarantee by the Co-operative in respect of all of IGPC's indebtedness, liabilities and obligations thereunder, provided that, recourse shall not be had to, nor satisfaction sought from, the members of the Co-operative, shareholders of the Co-operative and parties holding shares or debentures issued pursuant to this Offering Statement or any prior offering statement of the Co-operative; and (b) the assets and real property of IGPC;

Senior Debt Financing means the financing provided to MergerCo under the Credit Agreement dated on or about July 1, 2008, by and among Buyer, MergerCo, Canada Sub, JPMorgan Chase Bank, N.A., as Administrative Agent and X.X. Xxxxxx Securities, Inc., as Sole Bookrunner and Sole Lead Arranger, or any senior or first lien financing provided to Buyer or MergerCo in connection with the Merger under the Senior Debt Letter.

Senior Debt Financing means the consummation by the Company of a senior credit facility consisting of $50,000,000 in term loans and at least $30,000,000 in available revolving loans.

Senior Debt Financing means a debt financing transaction consummated by the Company in a single transaction that meets the following criteria: (i) a portion of the proceeds of the Senior Debt Financing are used to satisfy all outstanding obligations under the Convertible Note, (ii) the principal balance of the February Note shall not exceed $2,000,000 upon consummation of the Senior Debt Financing, (iii) the Company and its subsidiaries (on a consolidated basis) will be solvent following the consummation of the Senior Debt Financing and (iv) no Event of Default hereunder has occurred and is continuing upon consummation of the Senior Debt Financing.

Senior Debt Financing. Section 4.07(a) "Senior Lender" -- Section 4.07(a) "Significant Subsidiaries" -- Section 9.11(h) "Special Committee" -- Section 1.08 "Stock Grant Amount" -- Section 2.01(e) "Stockholders" -- Preamble "Subordinated Debt Commitment Letter" -- Section 3.22 "Subordinated Debt Financing" -- Section 3.22 "Subordinated Lenders" -- Section 3.22 "Subsidiary" -- Section 9.11(i) "Superior Transaction" -- Section 5.02 "Surviving Corporation" -- Section 1.01 "Surviving Corporation Common Stock" -- Section 2.01(a) "Surviving Corporation Preferred Stock" -- Section 2.01(a) "taxes" -- Section 3.12(b) "Voting Agreement" -- Preamble "Warrant Amount" -- Section 2.01(f)

Senior Debt Financing. Section 4.07(a) "Senior Lenders" -- Section 4.07(a) "Specified Compensation and Benefit Programs" -- Section 3.13(l) "Sub" -- Preamble "Sub Common Stock" -- Section 2.01(a) "Sub Preferred Stock" -- Section 2.01(a) "Subordinated Debt Commitment Letter" -- Section 4.07(a) "Subordinated Debt Financing" -- Section 4.07(a) "Subordinated Lenders" -- Section 4.07(a) "Subsidiary" -- Section 9.11(i) "Surviving Corporation" -- Section 1.01 "Surviving Corporation Common Stock" -- Section 2.01(a) "Surviving Corporation Preferred Stock" -- Section 2.01(a) "Tax" and "Taxes" -- Section 3.12 "TBCA" -- Section 1.01 "Termination Fee" -- Section 8.02(b) "TNMP" -- Section 3.13(l) "Transfer Taxes" -- Section 6.11 "Year 2000 Compliant" -- Section 3.23 This AGREEMENT AND PLAN OF MERGER, dated as of May 24, 1999 (this "Agreement"), is made and entered into by and among SW Acquisition, L.P., organized and existing under the laws of Texas ("Parent"), ST Acquisition Corp., a Texas corporation wholly owned by Parent ("Sub"), and TNP Enterprises, Inc., a Texas corporation (the "Company").

Senior Debt Financing means a debt financing transaction consummated by the Company in a single transaction that meets the following criteria: (i) a portion of the proceeds of the Senior Debt financing are used to satisfy all outstanding obligations under the 4.67% Debenture, (ii) the Company and its subsidiaries (on a consolidated basis) will be solvent following the consummation of the Senior Debt Financing and (iii) no Event of Default hereunder has occurred and is continuing upon consummation of the Senior Debt Financing.