Syndicated Credit Facility definition
Examples of Syndicated Credit Facility in a sentence
For the avoidance of doubt, the Bank’s (or its applicable lending affiliate’s) commitments under the Syndicated Credit Facility shall in no way be modified or affected by this Section 3(a)(ii).
Buyer shall have received a true copy (certified by a Responsible Officer of Seller) of each of the Syndicated Credit Facility Credit Agreement, the Syndicated Facility Security Agreement, all amendments, modifications and supplements thereto, and each of the UCC-1 and UCC-3 financing statements filed in respect of Seller in connection therewith.
Without Buyer’s prior written consent, none of Seller or those acting on Seller’s behalf shall amend, modify, waive or supplement any of the terms or provisions of the Syndicated Credit Facility if the substance of such amendment, modification, waiver or supplement could adversely affect Buyer, the facility provided by Buyer to Seller hereunder or any of Buyer’s rights hereunder.
Each of the Corporation’s existing Syndicated Credit Facility, the new Term Loan and the backstop facilities for the Offering and the Concurrent Private Placement contain customary representations, warranties, conditions precedent, covenants, a leverage ratio and events of default.
Holders of DIP Facility Claims, Priming Facility Claims and Syndicated Credit Facility Claims shall have the right to credit bid in connection with any Sale Transaction or Partial Sale.