Senior Loan Facility definition

Senior Loan Facility means that certain Amended and Restated Loan and Security Agreement by and between Silicon Valley Bank and You dated as of October [ ], 2010 (as amended and supplemented from time to time, or restated).

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

Senior Loan Facility means that certain Senior Facility Agreement dated as of December 11, 2017, executed among (a) the Company as the borrower, (b) Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd. (formerly known as The Bank of Tokyo-Mitsubishi UFJ, Ltd.), Mizuho Bank, Ltd. and Sumitomo Mitsui Trust Bank, Limited as the senior arrangers, (c) Sumitomo Mitsui Banking Corporation as the senior facility agent, (d) Sumitomo Mitsui Banking Corporation as the senior security agent, (e) KKR Capital Markets Japan Limited as the coordinator and (f) Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., Mizuho Bank, Ltd. and Sumitomo Mitsui Trust Bank, Limited as the original senior lenders, as the same may be amended, restated, supplemented or otherwise modified from time to time (including the restatement pursuant to the First Amendment to the Senior Facility Agreement dated as of December 13, 2017 and the Second Amendment to the Senior Facility Agreement dated as of March 27, 2018).

Examples of Senior Loan Facility in a sentence

• Restrictive Covenants The New Senior Loan Facility will contain restrictive covenants, financial covenants, and selected maintenance covenants that are mutually acceptable to the Company and the New Senior Lenders, including, without limitation, that the proceeds of the New Senior Loan Facility and available cash shall be used in accordance with a budget mutually acceptable to the Company and the New Senior Lenders.

• Facility Fee The Company shall pay a facility fee of $600,000 in the aggregate to the New Senior Lenders on the Funding Date with the proceeds of the Initial Draw under the New Senior Loan Facility.

• Supporting Holders’ participation in the Exchange Offer and Consent Solicitation will occur at the launch of the deal and Supporting Holders shall, subject to the terms of the RSA, waive withdrawal rights with respect to tendered Existing Notes and the related Consents, with the effect that, the Company and the trustee for the Existing Notes Indenture shall be able to enter into a supplemental indenture to permit the entry into the New Senior Loan Facility and related matters on the Funding Date.

• Other Participating Holders (as defined below) shall have the opportunity to participate in the New Senior Loan Facility on equal terms with the other Supporting Holders.

• The main terms of the senior loan are  Senior Loan Facility is denominated in SEK equivalent of up to 25mDKK superseding the bond debt. Fixed interest rate of 7.5 percent pro annum. Scheduled quarterly redemptions with final redemption in December 2020.

More Definitions of Senior Loan Facility

Senior Loan Facility means the loan facility in the amount of up to $160,000,000 to be made available to the Borrower by the Senior Lenders under the Senior Loan Agreement;

Senior Loan Facility means (i) the Senior Loan Agreement; (ii) any and all agreements, instruments and documents executed or delivered pursuant to or in connection with such Senior Loan Agreement; and (iii) any and all credit agreements, loan agreements, note purchase agreements, indentures or other agreements, documents or instruments refinancing, refunding or otherwise replacing, in whole or in part, the Senior Loan Agreement or any other agreement deemed a Senior Loan Facility under clause (ii) hereof, whether or not with the same agent, trustee, representative, lenders or holders, regardless of whether the Senior Loan Facility or any portion thereof was outstanding or in effect at the time of such restatement, renewal, extension, restructuring, supplement or modification. Without limiting the generality of the foregoing, the term “Senior Loan Facility” shall include any amendment, restatement, renewal, extension, restructuring, supplement or modification to any Senior Loan Facility and all refundings, refinancing and replacements of any Senior Loan Facility, in whole or in part, including any agreement (w) extending the maturity of any Indebtedness incurred thereunder or contemplated thereby, (x) adding or deleting borrowers or guarantors thereunder, provided that the addition of such borrower or guarantor would not be prohibited by this Indenture, (y) increasing the amount for Indebtedness incurred thereunder or available to be borrowed thereunder, provided such increase is permitted to be incurred under this Indenture, or (z) otherwise altering the terms and conditions thereof in a manner not prohibited by this Indenture.

Senior Loan Facility means the Term Loan and Security Agreement, dated as of June 29, 2016, by and among the Company, SAExploration, Inc., SAExploration Sub, Inc., SAExploration Seismic Services (US), LLC, and NES, LLC, Delaware Trust Company, as collateral agent and administrative agent, and the lenders from time to time party thereto, as amended by Amendment No. 1 to Term Loan and Security Agreement, dated as of October 24, 2016, as further amended by Amendment No. 2 to Term Loan and Security Agreement, dated as of September 8, 2017, as in effect on the Settlement Date or as may thereafter be further amended, restated, modified, supplemented, renewed, refunded, replaced (whether upon or after termination or otherwise) or refinanced in whole or in part from time to time that extend the maturity of, refinance, replace or otherwise restructure all or any portion of the indebtedness under such agreement or any successor or replacement agreement and whether by the same or any other agent, lender or group of lenders.

Senior Loan Facility means collectively that certain Second Amended and Restated Loan and Security Agreement dated as of August 14, 2013, Default Waiver and First Amendment to Second Amended and Restated Loan and Security Agreement dated as of September 23, 2013 and Second Amendment to Second Amended and Restated Loan and Security Agreement dated as of December 31, 2013, each by and between Silicon Valley Bank and You (as amended and supplemented from time to time, or restated).

Senior Loan Facility means the loan facility expected to be provided pursuant to a credit agreement to be entered into by and among the Issuer, Xxxxxxx Xxxxx Credit Partners L. P., as arranger and syndication agent, certain lenders from time to time party thereto, and the administrative agent party thereto, and any credit agreements governing Debt Incurred to refund, replace or refinance borrowings or commitments then outstanding under or permitted to be Incurred or outstanding under such facility, and all promissory notes, guaranties, letters of credit, security agreements, pledge agreements, mortgages, deeds of trust and other instruments, documents or agreements executed pursuant to such credit agreements, in each case as the same may be amended, extended, renewed, supplemented, restated or otherwise modified from time to time.

Senior Loan Facility means the Amended and Restated Loan and Security Agreement, dated as of November 15, 2006, by and between Pac-West Funding Company LLC, as Lender (“PWFC”), the Borrower, Pac-West Telecom of Virginia, Inc., PWT Services, Inc., and PWT of New York, Inc. (prior to giving effect to any amendments or modifications thereto).

Senior Loan Facility means the senior loan facility with MUFG Bank Ltd. (formerly The Bank Of Tokyo-Mitsubishi UFJ Ltd.) and Mizuho Corporate Bank Ltd, with an outstanding principal amount of approximately USD 70,000,000 as of the Issue Date.