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”).

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

Examples of Super Senior Facilities in a sentence

• The Parent shall ensure that the Consolidated Net Drawn Super Senior Facilities Debt (as confirmed in a certificate signed by an authorised signatory of the Parent provided to the Agent within ten Business Days after the end of each Financial Year of the Parent) shall not exceed EUR15,000,000 for a period of not less than five (5) successive Business Days in each of its Financial Years.

• As soon as reasonably practicable following the establishment of the Super Senior Facilities, the Parent shall repay and/or cancel (without premium or penalty) any outstanding portion of (and/or Available Commitments under) Facility B2 (a “Facility B2 Prepayment”).

• The Original Lenders authorise the Parent to discuss the terms of the Super Senior Facilities with, and to disclose those terms to, potential Lenders to facilitate the Syndication.

More Definitions of Super Senior Facilities

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”).

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.