Senior Facilities definition

Senior Facilities means the Credit Agreement and any Additional Senior Debt Facilities.

Senior Facilities means the Senior Credit Agreement and any Additional Senior Debt Facilities.

Senior Facilities means the facilities made available by the Senior Lenders under the Senior Facilities Agreement.

Examples of Senior Facilities in a sentence

• The Senior Facilities Agreement and the Intercreditor Agreement shall be documented on the basis set out in the Commitment Letter and this Term Sheet.

• The Senior Facilities Agreement, the Intercreditor Agreement and the Transaction Security Documents shall be prepared by counsel for the Company, unless otherwise specified by the Company.

• Subject to the following sentence, all Lenders must, as at the date it first becomes party to the Senior Facilities Agreement, constitute a 'Qualifying Lender' (being a Lender in respect of which the Obligors are entitled to make payments of interest under the Finance Documents (whether directly, or indirectly under any guarantee granted by an Obligor) free from and without any requirement to deduct or withhold any tax).

• A Lender may also become a party to the Senior Facilities Agreement if it would become a Qualifying Lender (a Treaty Lender) after the completion of any procedural formalities, provided that no such Lender will be treated as a Qualifying Lender until it has satisfied (and a Lender will cease to be a Qualifying Lender unless it continues to satisfy) all such procedural requirements.

More Definitions of Senior Facilities

Senior Facilities means the Revolving Credit Facility and the Term Loan Facility.

Senior Facilities means the Senior Credit Facility and any Additional Senior Debt Facilities.

Senior Facilities shall have the meaning set forth in the recitals to this Agreement.

Senior Facilities means the senior secured debt facility that MAC-Sub can draw down on for various purposes provided for in the SFA as part of the Debt Facilities.

Senior Facilities means the Corporation’s $725.0 million senior secured bank financing facility consisting of a senior secured first lien term loan facility, senior secured first lien revolving credit facility and senior secured second lien term loan facility.

Senior Facilities means the Term Facility and the Revolving Facility.

Senior Facilities. (A) Senior secured term loans in an aggregate outstanding principal amount of $[297.8 million] (the “Term Facility” and the loans thereunder, the “Term Loans”), subject to any reductions prior to the Effective Date (as defined below) as a result of prepayments by the Borrower (including any amortization payments).