Senior Secured Term Loan Facility definition

Senior Secured Term Loan Facility means the $185,000,000 initial aggregate principal amount senior secured term loan and synthetic letter of credit facility provided for under the Senior Secured Term Facility Credit Agreement.

Senior Secured Term Loan Facility means the credit facility provided under this Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, replacements, 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 extend, replace, refund, refinance, renew or defease 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 6.01).

Senior Secured Term Loan Facility means the senior secured term loan facility pursuant to which the Company has obtained the Senior Secured Term Loans, including any exchange, modification, refinancing, refunding, renewal, replacement or extension thereof permitted under and in accordance with the Senior Secured Term Loan Documents and the ABL Intercreditor Agreement.

Examples of Senior Secured Term Loan Facility in a sentence

• In addition, each Loan Party and each Lender hereby acknowledges that the Agents and/or their Affiliates may make a loan to the Borrower under the Senior Secured Term Loan Facility.

• Accordingly, interest expense and amortization of debt discounts and loan origination fees related to the Senior Secured Term Loan Facility totalling $4,797,506 and $2,308,388, was allocated to discontinued operations for the three months ended March 27, 2021 and 2020, respectively and $13,329,130 and $7,507,064 for the nine months ended March 27, 2021 and 2020, respectively.

• The New Senior Secured Term Loan Facility has an annual amortization rate of 1.00%.

• After giving effect to the Transactions and the other transactions contemplated hereby, Holdings, the Borrower and the Subsidiaries shall not have any outstanding Indebtedness or preferred stock other than (a) the Obligations, (b) Indebtedness under the Senior Secured Term Loan Facility, (c) the Senior Subordinated Notes and (d) Indebtedness permitted under Section 6.01.

• The parties to this Agreement acknowledge that the rights and obligations of the Collateral Agent under this Agreement are governed by the Senior Secured Term Loan Facility and the provisions for indemnifying the Collateral Agent contained therein shall apply mutatis mutandis to this Agreement.

More Definitions of Senior Secured Term Loan Facility

Senior Secured Term Loan Facility means the term loan facility providing for the senior secured term loans under the New Credit Agreement.

Senior Secured Term Loan Facility means the senior secured term loan and the senior secured delayed draw term loan of Tronox Pigments (Netherlands) B.V., dated February, 8, 2012, as amended, supplemented, modified, extended, restructured, renewed, restated, refinanced or replaced in whole or in part from time to time, including, without limitation, by a Credit Facility.

Senior Secured Term Loan Facility has the meaning ascribed to such term in the definition of “Specified Transactions”.

Senior Secured Term Loan Facility means that certain Fourth Amended and Restated Credit Agreement, dated as of December 22, 2023, by and among the Company Parties party thereto, the lenders from time to time party thereto and the Senior Secured Term Loan Facility Agent, as may be amended, amended and restated, supplemented or modified from time to time.

Senior Secured Term Loan Facility means (i) the credit facility provided for under the Senior Secured Term Facility Credit Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and (ii) any amendments, supplements, modifications, extensions, replacements, 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 extend, replace, refund, refinance, renew or defease 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 6.01(k)(ii)), and provided that any extension of credit referred to in clause (ii) shall comply with the requirements of Section 6.01(g) as though the same were a refinancing of the Senior Secured Term Facility Credit Agreement.

Senior Secured Term Loan Facility means that certain Bridge Loan Agreement, dated as of March 31, 2005, as amended by Amendment No. 1, dated as of May 12, 2005, in each case, by and among the Company, Holdings, Banc of America Bridge LLC, as administrative agent, and the other lenders party thereto from time to time, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith.

Senior Secured Term Loan Facility means the $375,000,000 initial aggregate principal amount senior secured term loan facility provided for under the Senior Secured Term Facility Credit Agreement.