Senior Loan Facilities definition

Senior Loan Facilities means the Revolving Loan Facility and the Term Loan Facility.
Senior Loan Facilities means the credit facilities, loan agreements, letters of credit or other agreements pursuant to which Senior Indebtedness is incurred, and initially includes the Senior Finance Documents (as defined in the Common Terms Agreement).
Senior Loan Facilities means the loan facilities in the maximum aggregate principal amount of $50,000,000 provided to the Borrowers pursuant to the Senior Loan Agreement.

Examples of Senior Loan Facilities in a sentence

  • Any and all waivers of a Default or an Event of Default given, or deemed given, by the holders of the Senior Indebtedness (or any agent or adviser acting on their behalf) under the Senior Loan Facilities shall apply to the Notes with the same effect as if the waiver had been given by the holders of the Notes.

  • There shall not have occurred and be continuing an Event of Default under this Agreement or the Senior Loan Facilities.

  • The events of default in Schedule 10 of the Common Terms Agreement (or the events of default of any amended, supplemented, refinanced or replacement Senior Loan Facilities) (each, an “Event of Default”) shall apply mutatis mutandis to the Notes where the context permits such construction, and to the extent the context does not permit such construction, such provisions shall apply as closely as possible under the circumstances.

  • The covenants of Schedule 5 of the Common Terms Agreement (or the covenants of any amended, supplemented, refinanced or replacement Senior Loan Facilities) shall apply mutatis mutandis to the Notes where the context permits such construction, and to the extent the context does not permit such construction, such provisions shall apply as closely as possible under the circumstances.

  • Modify or amend, in any respect, any of the terms of the Senior Loan Facilities as in effect on the date hereof, in any manner prohibited by the Subordination Agreement; or modify or amend any of the Senior Loan Documents executed, issued and/or delivered on or prior to the Closing Date, in any manner prohibited by the Subordination Agreement.

  • Any and all waivers, consents or approvals made or given, or deemed given, by the holders of the Senior Indebtedness (or any agent or adviser acting on their behalf) under the Senior Loan Facilities shall apply to the Notes with the same effect as if the waiver had been given by the holders of the Notes.


More Definitions of Senior Loan Facilities

Senior Loan Facilities mean (i) the First Lien Credit Agreement between the Company, Iridium Satellite LLC and the other parties named therein dated as of July 27, 2007 and (ii) the Second Lien Credit Agreement between the Company, Iridium Satellite LLC and the other parties named therein dated as of July 27, 2006.