Super Senior Facilities definition

Super Senior Facilities means (i) the Original Super Senior Overdraft (including any increase of such pursuant to Clause 10.3 (Increase of Super Senior Facilities) of the Intercreditor Agreement and/or (ii) any replacement thereof in accordance with in accordance with Clause 10.5 (Super Senior Facilities refinancing) of the Intercreditor Agreement (each being a “Super Senior Facility”).
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Super Senior Facilities means (i) the Original Super Senior Facility and/or (ii) any replacement and/or increase thereof in accordance with Clause 11.3 (Replacement of Debt) of the Intercreditor Agreement (each a “Super Senior Facility”).
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Super Senior Facilities means (i) any revolving credit facility financing the Group’s general corporate purposes, which may include, but is not limited to, investments, acquisitions and payment of Transaction Costs and (ii) any replacement and/or increase thereof (each a “Super Senior Facility”).
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Examples of Super Senior Facilities in a sentence

  • In the case of insolvency of the Issuer, the Financial Indebtedness incurred by the Issuer under the Bonds will be subordinated to the Financial Indebtedness owed by the Issuer under the Super Senior Facilities Debt and the Hedging Debt.

  • It should furthermore be noted that by voting in favour of the Proposal with a requisite majority, the Bondholders will be deemed to have given their consent to the amendments of the Terms and Conditions and of the Super Senior Facilities in their capacity as Secured Parties under the Intercreditor Agreement.

  • Moreover, the Issuer would like to inform the Bondholders that it has requested that the terms of the Super Senior Facilities shall be amended on terms identical with the terms set out in the Proposal (as defined below).

  • The Super Senior Facilities and any debt replacing the Super Senior Facilities or incurred as new debt in accordance with the aforementioned, will be repaid in full prior to the Bonds and there is a risk that the Bondholders will not receive any amounts fol- lowing repayment of the Super Senior Facilities.

  • It should specifically be noted that the Issuing Agent is the lender under the Super Senior Facilities and that it may be a lender under other credit facilities with a member of the Group as the borrower.

  • The Original Super Senior Facilities Creditor, being Swedbank AB (publ) as at the date hereof, has agreed to the amendments of the terms of the Super Senior Facilities, such acceptance being conditional upon a requisite majority of the Bondholders voting in favour of the Proposal.

  • The Group applied a portion of the US$75 million in equity proceeds retained for working capital and expenses of the equity issue towards payment of all deferred restructuring fees and commitment fees of the Super Senior Facilities.

  • The Note Indenture and Super Senior Facilities Agreement contain covenants that limit the ability of the Restructured Group and its Subsidiaries to take certain actions.

  • The Group will undertake any additional, non-maintenance capital expenditure only where it believes such capital expenditure would be accretive to the Group’s EBITDA.The Group anticipates that its available cash resources after the Restructuring, including drawings that it may make under the Super Senior Facilities and cash generated from operations, will be sufficient to fund its operating needs and capital expenditures for the foreseeable future.

  • For a summary of the standstill arrangement, please refer to Slater and Gordon’s recapitalisation announcement to the ASX on 31 August 2017.Slater and Gordon also has in place other secured facilities, being the Super Senior Facilities, for an aggregate AUD amount of $65 million, and certain Transactional Facilities.


More Definitions of Super Senior Facilities

Super Senior Facilities means the Super Senior Credit Agreement and any Additional Super Senior Debt Facilities.
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Super Senior Facilities means the facilities made available and drawn and/or utilised (as the case may be) pursuant to the Super Senior RCF Agreement.
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Related to Super Senior Facilities

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

  • Pollution control facilities means water and air pollution control equipment and solid waste disposal facilities or any of them.

  • 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).

  • 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.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Incremental Facilities has the meaning specified in Section 2.14(a).