Senior Term Facilities definition

Senior Term Facilities means the Tranche A Term Facility, the Tranche B Term Facility, the Tranche B1 Term Facility, the Tranche C Term Facility and the Tranche C1 Term Facility;
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Senior Term Facilities means the credit facilities made available under the Senior Term Facilities Agreement.
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Senior Term Facilities means each term loan facility made available under the Senior Term Facilities Agreement.
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Examples of Senior Term Facilities in a sentence

  • If the first Term Advance in respect of the Senior Term Facilities shall not have been made under this Agreement on the Completion Date, all the Facilities shall be cancelled and the Senior Finance Parties shall be under no further obligation to permit Drawings under this Agreement and no Ancillary Lender shall be under any obligation to the Borrowers under any Ancillary Documents.

  • Prior to the Senior Discharge Date, the Subordinated Creditors may not take, accept or receive the benefit of any Security, guarantee, indemnity or other assurance against loss from (or over the assets of or over the shares in) any Debtor in respect of the Subordinated Liabilities unless that Security, guarantee, indemnity or other assurance against loss is expressly permitted by the Senior Term Facilities Agreement or the consent of the Instructing Group is obtained.

  • The Group triggered the margin ratchet for the Senior Term Facilities when compliance letter was submitted on March 8, 2022, as a result the margins on Senior Term Facilities were reduced by 0.25%.

  • The Senior Term Facilities will mature on February 4, 2028 and the Revolving Credit Facility matures six months before the Senior Term Facilities (as defined below).

  • As at June 30, 2021, Senior Term Facilities (TLB1 and TLB2) have been drawn in full and there were no cash drawings under the Revolving Credit Facility.

  • If any Proceeds are required to be applied in mandatory prepayment of the Senior Facility Liabilities then, subject to Clause 13.3 (Adjustment of Mandatory Prepayments), those Proceeds shall be applied in or towards Payment of the Senior Facility Liabilities in accordance with the terms of the Senior Term Facilities Agreement and the consent of any other Party shall not be required for that application.

  • Federal and State regulations govern the demolition or renovation of structures where lead or materials containing lead are present.

  • The increase of DKK 517m compared with H1 2022 was driven primarily by a negative development in fair value adjustments as well as higher interest expense: • Interest: As of H1 2023 the groups Senior Term Facilities amounts to EUR 1.87bn and the EMTN amounts to EUR 1.5bn.

  • The Senior Term Facilities will mature on February 4, 2028 and the Revolving Credit Facility matures six months before the Senior Term Facilities (as defined below).The Revolving Credit Facility may be utilized until (and including) the date falling 1 month prior to the maturity date of the Revolving Credit Facility.

  • Any security over a Structural Intercompany Receivable (as defined in the Senior Term Facilities Agreement) will be, at the option of the Issuer, governed by the governing law of such structural intra-group loan document or English law.


More Definitions of Senior Term Facilities

Senior Term Facilities means collectively, the Olin Term Facility and the Splitco Term Facility;
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Related to Senior Term Facilities

  • Term Facilities means the Term A Facility and the Term B Facility.

  • New Term Facility has the meaning specified in Section 2.14(a).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Senior Credit Facilities means, collectively, the Senior ABL Facility and the Senior Term Facility.

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Credit Facilities means one or more debt facilities (including the Credit Agreement) or commercial paper facilities providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit, or any debt securities or other form of debt financing (including convertible or exchangeable debt instruments), in each case, as amended, supplemented, modified, extended, renewed, restated or refunded in whole or in part from time to time.

  • Senior Facilities means the Credit Agreement and any Additional Senior Debt Facilities.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Other Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

  • Debt Facilities means one or more debt facilities (including, without limitation, the Credit Agreement) or commercial paper facilities with banks or other institutional lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit or issuances of debt securities evidenced by notes, debentures, bonds or similar instruments, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced (including by means of sales of debt securities) in whole or in part from time to time (and whether or not with the original administrative agent, lenders or trustee or another administrative agent or agents, other lenders or trustee and whether provided under the original Credit Agreement or any other credit or other agreement or indenture).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Existing Credit Facilities means (a) the 364-Day Credit Agreement dated as of February 28, 2012 among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, (b) the Three Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent, and (c) the Five Year Credit Agreement dated as of March 1, 2011, as amended by Amendment No. 1 dated as of February 28, 2012, among TMCC, TMFNL, TFSUK, TLG, TCPR, TCCI and TKG, the lenders party thereto, BNP Paribas, as administrative agent, swing line agent and swing line lender, Citibank, N.A., as syndication agent and swing line lender, Bank of America, N.A., as syndication agent and swing line lender, The Bank of Tokyo-Mitsubishi UFJ, Ltd., as syndication agent, and JPMorgan Chase Bank, N.A., as documentation agent.

  • Additional Facilities has the meaning assigned to that term in Section 2.9(a).

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • New Facilities means facilities for which, by the cut-off date, neither of the following events has occurred:

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Rate/Term Refinancing A Refinanced Mortgage Loan, the proceeds of which are not more than a nominal amount in excess of the existing first mortgage loan and any subordinate mortgage loan on the related Mortgaged Property and related closing costs, and were used exclusively (except for such nominal amount) to satisfy the then existing first mortgage loan and any subordinate mortgage loan of the Mortgagor on the related Mortgaged Property and to pay related closing costs.

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Additional Credit Facilities means any credit facilities added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • Exit Facilities means, collectively, the Exit ABL Facility and the Exit Term Loan Facility.