Term Facility definition

Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.
Term Facility means the Term Loans and any Incremental Term Loans or any refinancing thereof.
Term Facility means the Term Loans provided to or for the benefit of the Borrower pursuant to the terms of this Agreement.

Examples of Term Facility in a sentence

  • Accrued and unpaid Ticking Fees with respect to a Term Facility shall be due and payable in arrears upon the earliest of (i) the date that is the final day of the Availability Period with respect to such Term Facility, (ii) the date on which any Committed Borrowing under such Term Facility occurs and (iii) the date on which any Commitments under such Term Facility are terminated.


More Definitions of Term Facility

Term Facility means, at any time, the aggregate amount of the Term LendersTerm Commitments at such time.
Term Facility the Term Commitments and the Term Loans made thereunder.
Term Facility means, at any time, the aggregate principal amount of the Term Loans of all Term Lenders of the applicable Class outstanding at such time.
Term Facility means the Term B Facility and/or any or all of the Incremental Term Facilities.
Term Facility means a facility in respect of any Term Loan Tranche (including any Term Commitment Increase with respect to any Term Loan Tranche), as the context may require.
Term Facility as defined in the definition of “Facility”.
Term Facility means, at any time, (a) at any time during the Availability Period in respect of such Facility, the sum of (i) the aggregate amount of the Term Commitments at such time and (ii) the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.