Senior Facilities definition

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

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

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

Examples of Senior Facilities in a sentence

• The relative rights and priorities in the Collateral for each of the Senior Facilities, the First Lien Notes and the Second Lien Notes will be set forth in the First Lien/Second Lien Intercreditor Agreement.

• The Assistant Secretary for Administration is authorized to determine the applicability of the Contract Disputes Act to contracts with foreign governments pursuant to FAR 33.203.

• Assignments will be by novation and will not be required to be pro rata between the Senior Facilities.

• The borrowings under the Senior Facilities Agreement were recognised initially in accordance with IAS 39 at their fair value on the date of recognition, 11 June 2012, which was estimated to be 77% of the par value of the liability.

• Voluntary reductions of the unutilized portion of the commitments under the Senior Facilities and prepayments of borrowings thereunder will be permitted at any time in minimum principal amounts to be agreed upon, without premium or penalty, subject to the following paragraph and subject to reimbursement of the Lenders’ redeployment costs in the case of a prepayment of Adjusted LIBOR borrowings other than on the last day of the relevant interest period.

More Definitions of Senior Facilities

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

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

Senior Facilities means Senior Facility A, Senior Facility B and Senior Facility C (and Senior Facility, as the context requires, means any of them);

Senior Facilities means our senior secured term facility and Senior RCF, as further described in Note 6, "Debt," to the Notes to our consolidated financial statements under the caption Item 8, "Financial Statements and Supplementary Data” included in this 2020 Annual Report;

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, collectively, the Term Facility and the Revolving Facility.