Senior Secured Facilities definition

Senior Secured Facilities refers to the Revolving Facility and the Term Facility.

Senior Secured Facilities shall have the meaning specified therefor in the recitals to Amendment No. 1.

Senior Secured Facilities means the facilities we entered into on November 4, 2006, as amended and restated on January 4, 2007, as further amended and restated on August 2, 2007, as further amended and restated on December 14, 2010, and as further amended and restated on March 19, 2014;

Examples of Senior Secured Facilities in a sentence

• Because our German subsidiaries are also guarantors of all obligations under the Senior Secured Facilities and the Existing Notes and will also owe other obligations, we cannot assure you that the excess of the net worth of each German subsidiary over its stated share capital will be adequate to cover any or all of the amounts outstanding under any guarantee provided by the relevant German subsidiary.

• In the event any purchase or redemption is prohibited, we may seek to obtain waivers from the required lenders under our Senior Secured Facilities to permit the required repurchase or redemption, but the required lenders have no obligation to grant, and may refuse to grant, such a waiver.

• The terms of the credit agreement governing our Senior Secured Facilities limit our right to purchase or redeem certain indebtedness.

• In addition, the First/First-and-a-Half Lien Intercreditor Agreement provides that, so long as the Senior Secured Facilities is in effect, the lenders under the Senior Secured Facilities may change, waive, modify or vary the security documents without the consent of the holders of the PIK Notes, provided that any such change, waiver or modification does not materially adversely affect the rights of the holders of the PIK Notes and not the other secured creditors in a like or similar manner.

• A substantial portion of our borrowings, primarily under our Senior Secured Facilities, are at variable rates of interest and expose us to interest rate risk.

More Definitions of Senior Secured Facilities

Senior Secured Facilities means the facilities we entered into on November 4, 2006, as amended and restated on January 4, 2007 and as amended and restated on August 2, 2007;

Senior Secured Facilities means the senior secured credit facilities provided pursuant to the Credit Agreement, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, in each case as amended, restated, supplemented, modified, renewed, replaced or refinanced from time to time in one or more agreements (in each case with the same or new lenders), including any agreement extending the maturity thereof or otherwise restructuring all or any portion of the Indebtedness thereunder or increasing the amount loaned thereunder or altering the maturity thereof.

Senior Secured Facilities means that certain first amended and restated credit agreement, dated as of June 24, 2004 among the Company, JPMorgan Chase Bank, as administrative agent and the banks named therein, as banks, together with all other agreements, instruments and documents executed or delivered pursuant thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented, replaced or otherwise modified from time to time, including any agreement (whether in the form of a note purchase agreement, a loan agreement or otherwise) extending the maturity of, refinancing, replacing or otherwise restructuring (including by way of adding Subsidiaries of the Company as additional borrowers or guarantors thereunder) 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, holder or group of lenders or holders.

Senior Secured Facilities means any agreements by the Company and/or one or more Restricted Subsidiaries of the Company providing for the making of loans, the issuance of letters of credit and/or the creation of bankers’ acceptances, which Indebtedness may be secured by a Lien or Liens on the accounts receivable and inventory of the Company and/or its Restricted

Senior Secured Facilities means that certain credit agreement, dated as of October 24, 2005, among the Company, Arrendadora KCSM, S.A. de C.V., Bank of America, N.A., as administrative agent, BBVA Bancomer, S.A., as collateral agent, and the banks named therein, as banks, together with all other agreements, instruments and documents executed or delivered pursuant thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented, replaced or otherwise modified from time to time, including any agreement (whether in the form of a note purchase agreement, a loan agreement or otherwise) extending the maturity of, refinancing, replacing or otherwise restructuring (including by way of adding Subsidiaries of the Company as additional borrowers or guarantors thereunder) 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, holder or group of lenders or holders.

Senior Secured Facilities shall have the meaning set forth in the Restructuring Amendment.

Senior Secured Facilities means, collectively, the First Lien Credit Agreement and the Second Lien Credit Agreement.