Superpriority Term Loan Facility definition

Superpriority Term Loan Facility means that certain credit agreement, dated as of December 29, 2022, among the Company, Xxxxxxx Xxxxxxx Holding Germany GmbH, as the borrower, the Superpriority Term Loan Facility Administrative Agent, the Superpriority Term Loan Facility Collateral Agent, and the lenders parties thereto from time to time, as amended by that certain First Amendment and Waiver, dated as of May 30, 2023, among the Company, Xxxxxxx Xxxxxxx Holding Germany GmbH, as the borrower, certain affiliates of the Company party thereto, the Superpriority Term Loan Facility Administrative Agent, the Superpriority Term Loan Facility Collateral Agent, and the lenders parties thereto and as further amended and as the same may be further amended, restated, modified or refinanced in whole or in part from time to time.
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Superpriority Term Loan Facility means that certain credit agreement, dated as of December 29, 2022, among the Company, Diebold Nixdorf Holding Germany GmbH, as the borrower, the Superpriority Term Loan Facility Administrative Agent, the Superpriority Term Loan Facility Collateral Agent, and the lenders parties thereto from time to time, as amended by that certain First Amendment and Waiver, dated as of May 30, 2023, among the Company, Diebold Nixdorf Holding Germany GmbH, as the borrower, certain affiliates of the Company party thereto, the Superpriority Term Loan Facility Administrative Agent, the Superpriority Term Loan Facility Collateral Agent, and the lenders parties thereto and as further amended and as the same may be further amended, restated, modified or refinanced in whole or in part from time to time.
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Superpriority Term Loan Facility means the term loan credit facility evidenced by the Superpriority Term Loan Agreement.
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Examples of Superpriority Term Loan Facility in a sentence

  • To fund operations and continue serving brides during the pandemic, on June 19, 2020, the Debtors entered into the Prepetition Superpriority Term Loan Facility.

  • The Prepetition Superpriority Term Loan Facility is guaranteed by each of the Debtors and is secured by liens on substantially all of the Debtors’ assets.

  • As of the Petition Date, approximately $91.7 million in aggregate principal amount remained outstanding under the Prepetition SS Term Loan Facility.C. The Prepetition Superpriority Term Loan Facility.

  • As summarized above, the liens securing the Prepetition Superpriority Term Loan Facility are second in priority with respect to the Term Loan Priority Collateral and third in priority with respect to the ABL Priority Collateral.


More Definitions of Superpriority Term Loan Facility

Superpriority Term Loan Facility. A senior secured term loan facility in an aggregate principal amount of up to $223,883,882.45 (the “Superpriority Term Loan Facility”; the loans thereunder, the “Superpriority Term Loans”). The Superpriority Term Loans shall be denominated in Dollars. Original Issue Discount: 3.0% of the aggregate principal amount of the Superpriority Term Loans (after giving effect to the Exchange Date Paydown) payable in kind to all Participating Lenders; it being understood that such OID shall be added to the principal amount of the Superpriority Term Loans on the Exchange Effective Date. Warrants: The Borrower will issue xxxxx warrants on the Exchange Effective Date to the Superpriority Lenders representing up to 19.99% of the fully diluted outstanding shares of the Borrower (the “Warrants”), subject to a vesting schedule as set forth on Exhibit I and in form and substance reasonably satisfactory to the Superpriority Lenders.
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Related to Superpriority Term Loan Facility

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

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

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

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • DIP means debtor-in-possession.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

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

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Term Loan Collateral means all assets, whether now owned or hereafter acquired by any Loan Party, in which a Lien is granted or purported to be granted to any Term Loan Secured Party as security for any Term Loan Obligation.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • First Lien Last Out Loan means a loan that, prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Superpriority Claim means a claim against the Borrower and any Guarantor in any of the Cases which is an administrative expense claim having priority over any or all administrative expenses of the kind specified in Sections 503(b) or 507(b) of the Bankruptcy Code.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Senior Priority Obligations means the Original First Lien Obligations and any Additional Obligations constituting Senior Priority Debt.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).