Senior Facility Liabilities definition

Senior Facility Liabilities means the Liabilities owed by the Debtors to the Senior Facility Creditors under the Senior Finance Documents.
Sample 1Sample 2
Senior Facility Liabilities means the Liabilities owed by any or all of the Debtors to any or all of the Senior Facility Creditors under the Senior Facility Finance Documents.
Sample 1Sample 2

Examples of Senior Facility Liabilities in a sentence

  • Each of the Parties agrees that the Transaction Security shall subject only to Clause 16 (Application of Proceeds) rank and secure the Senior Facility Liabilities and the Hedging Liabilities pari passu and without any preference between them.

  • If any Proceeds are required to be applied in mandatory prepayment of the Senior Facility Liabilities then, subject to Clause 14.4 (Adjustment of Mandatory Prepayments), those Proceeds shall be applied in or towards Payment of the Senior Facility Liabilities in accordance with the terms of the Facilities Agreement and the consent of any other Party shall not be required for that application.

  • The Debtors may make Payments of the Senior Facility Liabilities at any time in accordance with the Finance Documents.

  • If any Disposal Proceeds are required to be applied in mandatory prepayment of the Senior Facility Liabilities in accordance with the terms of the Facilities Agreement then, subject to Clause 14.4 (Adjustment of Mandatory Prepayments), those Disposal Proceeds shall be applied in or towards Payment of the Senior Facility Liabilities in accordance with the terms of the Facilities Agreement and the consent of any other Party shall not be required for that application.

Related to Senior Facility Liabilities

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

  • Senior Higher Priority Liabilities means any obligations in respect of principal of the Issuer under any Notes and any other unsecured and unsubordinated obligations (créditos ordinarios) of the Issuer, other than the Senior Non Preferred Liabilities; and

  • Senior Facility has the meaning given to the term “Facility” in the Senior Facilities Agreement.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • Senior Credit Facilities means the Credit Facilities entered into as of the Measurement Date by and among the Issuer, Holdings III, the lenders party thereto in their capacities as lenders thereunder and Citibank, N.A., as Administrative 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 (provided that such increase in borrowings is permitted under Section 4.09 hereof).

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Hedging Liabilities means the Liabilities owed by any Debtor to the Hedge Counterparties under or in connection with the Hedging Agreements.

  • Existing Credit Facilities means, collectively, the Existing U.S. Credit Facilities and the Existing Foreign Credit Facility.

  • Subordinated Liabilities means liabilities subordinated to the Obligations in a manner acceptable to Required Lenders.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

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

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Senior Liabilities means the Senior Lender Liabilities and the Hedging Liabilities.

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

  • Customer Credit Liabilities means at any time, the aggregate remaining value at such time of (a) outstanding gift certificates and gift cards of the Borrowers entitling the holder thereof to use all or a portion of the certificate or gift card to pay all or a portion of the purchase price for any Inventory, and (b) outstanding merchandise credits of the Borrowers.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.