Senior Secured Facility definition

Senior Secured Facility means, initially, the Initial Senior Secured Facility and, upon payment in full and termination of the Initial Senior Secured Facility, any loan or purchase facility (including the PSL Purchase Facility) established pursuant to or in connection with the Senior Secured Facility Loan Documents.
Senior Secured Facility means the financing agreement to be entered into on or prior to the Confirmation Date by the Company, the lenders named therein, and the agent named therein, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, as such facility may be amended, restated, supplemented, refinanced, extended or otherwise modified from time to time.
Senior Secured Facility. The Revolving Credit Agreement dated as of the date hereof among the Borrower, Xxxxx Fargo Bank, N.A., as administrative agent, and the Lenders party thereto, as amended, restated, extended, supplemented or otherwise modified in writing from time to time. S&P: Standard & Poor’s Financial Services LLC, a subsidiary of The XxXxxx-Xxxx Companies, Inc., and any successor thereto.

Examples of Senior Secured Facility in a sentence

  • Payment of Commissions earned hereunder shall be as specified in or with reference to the terms and conditions of the Senior Secured Facility Loan Documents and may be based on the attainment of certain performance benchmarks by the PSL Agent and/or its Subagent(s).

  • The PSL Agent shall compile and submit to the Authority, and the Authority shall submit to the appropriate Person as designated in the Senior Secured Facility Loan Documents, an invoice and copies of all requisite receipts and other documentation reasonably required to verify PSL Costs incurred by the PSL Agent or its Subagents in performing services under this Agreement.

  • The Authority shall reimburse the PSL Agent, and the PSL Agent shall be solely responsible for reimbursing any Subagent (to the extent such Subagents are not directly reimbursed by the Authority) pursuant to the Senior Secured Facility Loan Documents, for the PSL Costs incurred consistent with the PSL Budget throughout the Sales Term (including the costs and expenses provided for in Sections 2.2, 4.1, 5.1, 13.1 and 14.

  • During the Sales Term, the PSL Agent is authorized to enter into PSL Sales Agreements with PSL Licensees on behalf of the Authority so long as such PSL Agreements are in the form approved by the Authority pursuant to the terms of Section 2.4 hereof, and to process payments in connection therewith in accordance with the terms of the Senior Secured Facility Loan Documents and this Agreement.

  • Any distribution of MSC’s or MPI’s Class A Shares to holders of Senior Secured Facility Claims and the Bridge Facility Claims will be in accordance with Plan provisions on distributions of Class A Shares.


More Definitions of Senior Secured Facility

Senior Secured Facility means the term loan credit facility made available to NAC 29 and the applicable Co-Borrower pursuant to the Senior Secured Credit Agreement.
Senior Secured Facility means the Tranche A Facility, the Delayed Draw Term Facility, the Working Capital Facility, the LC Facility or any New Term Loan Facility, as the context may require.
Senior Secured Facility means the senior Secured Revolving Credit Facility Agreement dated December 11, 2017 entered into among 2435572, Mountain, 0000000, the Bank of Nova Scotia, as administrative agent, Nedbank Limited, London Branch and the Financial Institutions named therein as lenders;
Senior Secured Facility means the Amended and Restated Credit and Guaranty Agreement, dated as of January 16, 2003 (as amended, supplemented or otherwise modified through the date hereof), by and among XO Communications, LLC (as successor by merger to XO Communications, Inc.), certain affiliates and subsidiaries of XO Communications, LLC, as guarantors, the lenders party thereto from time to time and Mizuho Corporate Bank, Ltd., as Administrative Agent.
Senior Secured Facility contained in the first row of the second column of the grid referenced therein.
Senior Secured Facility means any credit facility made available to a member of the Group where any:
Senior Secured Facility means the “Senior Secured Facility” as defined in the Application.