Senior Term Debt definition

Senior Term Debt means term loans under the Credit Agreement and/or any successor facility or facilities.

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Senior Term Debt means all Indebtedness represented by the 1998 Fixed Rate Senior Notes, the 2000 Senior Fixed Rate Notes and any Permitted Refinancing Indebtedness in respect thereof and (without duplication) all premiums, expenses, fees, reimbursements, indemnities and other amounts owing by the Company in respect of such 1998 Fixed Rate Senior Notes, the 2000 Senior Fixed Rate Notes and Permitted Refinancing Indebtedness. A distribution may consist of cash, securities or other property, by set-off or otherwise.

Senior Term Debt means Indebtedness outstanding under Facility B (as defined in the Senior Facilities Agreement) and/or under any Incremental Term Facility (as defined in the Senior Facilities Agreement).

Examples of Senior Term Debt in a sentence

To the extent that such Net Proceeds exceed the amounts required to permanently reduce Senior Term Debt and Senior Revolving Debt, such excess Net Proceeds shall be deemed to constitute "Excess Proceeds" (as defined in Subsection 4.10(c) hereof) and shall be applied in accordance with the procedures set forth in Subsection 4.10(c) below.
Subject to the Intercreditor Agreement and clause (c) below, any such Net Proceeds of insurance or condemnation awards that relate to Term Priority Collateral, to the extent not timely applied to repair, restore or replace such property or asset in accordance with the Senior Term Loan Documents and/or the Term Loan Documents, shall be applied first to the Senior Term Debt and/or the Term Loan Debt until paid in full, then to U.S. Revolver Loans until paid in full and then to other Obligations.
Except for interest paid by the issuance of a PIK Note or deferred and paid-in-kind in accordance with the terms hereof, interest shall be paid only if the Senior Term Debt has been paid in full in cash and such payment is permitted by the terms of the Senior Revolving Credit Agreement and only to the extent therefor pursuant to Section 5.4 of the Company's Amended and Restated Limited Liability Company Agreement.
Subject to the Intercreditor Agreement and clause (c) below, any such Net Proceeds of insurance or condemnation awards that relate to Term Priority Collateral, to the extent not timely applied to repair, restore or replace such property or asset in accordance with the Senior Term Loan Documents and/or the Term Loan Documents, shall be applied first to the Senior Term Debt and/or theFirst Lien Term Loan Debt until paid in full, then to U.S. Revolver Loans until paid in full and then to other Obligations.
To the extent that such Net Proceeds exceed the amounts required to permanently reduce Senior Term Debt and Senior Revolving Debt, such excess Net Proceeds shall be deemed to constitute "Excess Proceeds" (as defined in Subsec tion 4.10(c) hereof) and shall be applied in accordance with the procedures set forth in Subsection 4.10(c) below.

More Definitions of Senior Term Debt

Senior Term Debt means term loans outstanding from time to time under the New Credit Facility.

Senior Term Debt means all Obligations from time to time outstanding under the Term Loan Agreement.

Senior Term Debt means the indebtedness, obligations and liabilities evidenced by that certain Senior Term Credit Agreement, dated October 17, 2003, by and among the Company, as borrower, Holdings, Operating and Taurus, as guarantors, Bank One, as administrative agent and the lenders from time to time a party thereto, and any other guaranties, agreements, documents, instruments or certificates executed and delivered in connection therewith.

Senior Term Debt. This term means the term loan in the original principal amount of $7,000,000 made by Senior Lender to the Company pursuant to the Senior Loan Documents, maturing on November 25, 2004 and repayable pursuant to a two year amortization schedule.

Senior Term Debt means all Obligations from time to time outstanding under the Term Loan Agreement and the Notes, together with any replacement or additional credit agreements, credit agreement, indenture or indentures, and including any related notes, guarantees, collateral documents, instruments and agreements executed in connection with any of the foregoing, and in each case as amended, supplemented, extended, modified, renewed, refunded, repealed or refinanced from time to time, whether or not with the same Lenders.

Senior Term Debt means the Indebtedness of the Company and the Subsidiary Guarantors pursuant to one or more senior term facilities under the Senior Credit Agreement.

Senior Term Debt means the Indebtedness of the Company pursuant to a senior term facilities under the Senior Credit Agreement.