Examples of Senior Term Agreement in a sentence
Upon execution and delivery of the Collateral Agreement and the Pari Passu Intercreditor Agreement (or amendment or joinder thereto), the Securities shall be secured by a security interest in and lien on the Collateral which shall be pari passu with the liens securing obligations under the Senior Term Agreement and the liens securing the 2026 Secured Notes.
Upon execution and delivery of the Collateral Agreement and the Pari Passu Intercreditor Agreement, the Securities shall be secured by a security interest in and lien on the Collateral which shall be pari passu with the liens securing obligations under the Senior Term Agreement.
Each of the Notes and Supplemental Indentures is not intended to be, and is not, a “Senior Interim Loan Agreement” or a “Senior Interim Loan Facility” under or as defined in any of the Senior Term Agreement and the Senior Revolving Credit Agreement.
Term loan On October 27, 2017, the Company entered into a Senior Term Agreement ("Term loan") to provide funding for the ESM Acquisition in the amount of $140 million for a 5 year term.
This Indenture is not intended to be, and is not, a “Senior Interim Loan Agreement”, a “Senior Interim Loan Facility”, a “Senior Subordinated Interim Loan Agreement” or a “Senior Subordinated Interim Loan Facility” under or as defined in any of the Senior Term Agreement, the Senior Revolving Credit Agreement and the Senior ABL Agreement.