Term Financing definition

Term Financing means a financing evidenced by a Term Loan Agreement.

Term Financing means one or more secured term credit facilities with an aggregate principal amount not to exceed $20,500,000, subject to adjustment as provided in the Senior Subordination Agreement.

Term Financing means that certain $3,100,000,000, structured term financing arrangement involving the preferred stock owned by the Borrower in ATL Holdings Limited.

Examples of Term Financing in a sentence

• Upon expiration of the Initial Term, Financing Party and/or Company may terminate this Agreement at any time by giving the other at least ninety (90) days written notice of such termination, whereupon the obligations of the parties with respect to Transactions not accepted prior to the expiration of such period shall terminate to the extent the same have not been performed or are not required to have been performed prior to such termination.

• Subject to the immediately ensuing sentence, Owner shall comply in all material respects with the timetable, Term Financing Procedures and Term Financing Parameters for the initial Term Financing or any subsequent Term Financing.

• If, as a result of market conditions, Owner is reasonably unable to comply with such timetable, Term Financing Procedures or Term Financing Parameters, Owner shall consult with the Management Committee, and the Management Committee shall appropriately revise the timetable, Term Financing Procedures or Term Financing Parameters, as applicable, consistent with such market conditions.

• Subject to obtaining the financing contemplated by either (x) the Term Financing Commitment, (y) the GE Bridge Loan and the Mezzanine Loan or (z) the Bridge Loan and the Mezzanine Loan as provided in Section 4.3.2, Purchaser currently has available and will at the Closing have available sufficient funds to pay the Purchase Price and to pay any and all other amounts payable by Purchaser pursuant to this Agreement and to effect the transactions contemplated hereby.

• The Term Financing Procedures shall require Owner to seek a minimum number of competitive bids (which may be in the form of proposals or commitment letters as specified in the Term Financing Procedures) from potential lenders and shall permit Purchaser or one or more of its Affiliates to submit a competitive bid for the Term Financing.

More Definitions of Term Financing

Term Financing means secured term credit facilities under the GMAC Credit Agreement with aggregate principal amount not to exceed $18,000,000, minus scheduled principal payments made thereon after the date hereof.

Term Financing means a secured term credit facility with the Senior Lenders with an aggregate principal amount not to exceed $10,000,000, including Capitalized Leases, on the Closing Date, on terms reasonably acceptable to Purchaser.

Term Financing means the repayment in full of the Class A Notes and the Class B Notes with the proceeds of an unregistered securities offering of notes rated “Aaa” through “Ba2” by Moody’s or its equivalent to be issued by the Issuer.

Term Financing means the funding of a part of the Portfolio under the term financing arrangements described in Schedule 2;

Term Financing means the secured term credit facility pursuant to the Senior Credit Agreement in an aggregate principal amount not to exceed $13,800,000, minus scheduled principal payments made thereon after the date hereof.

Term Financing means the secured term credit facilities established under the Senior Credit Agreement, as such facilities may be restated, renewed, replaced, refinanced, amended or modified from time to time. “Total Leverage Ratio” shall mean, for any Computation Period, the ratio of (i) Funded Debt as of the last day of such Computation Period to (ii) Pro Forma EBITDA for such Computation Period. “Transaction Documents” shall have the meaning assigned to such term in Section 5.1(f) hereof. “Transactions” shall mean the incurrence of debt and the issuance of securities in connection therewith, as contemplated by this Agreement, the Notes, the Warrants and all other agreements contemplated hereby and thereby. “Underlying Common Stock” shall mean (a) the Common Stock of Parent issued or issuable upon exercise of the Warrants and (b) any equity securities issued or issuable with respect to the securities referred to in clause (a) above by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization. 17 “Warrants” shall have the meaning assigned to such term in

Term Financing means any indebtedness or facility for or in respect of money borrowed or raised and which is either perpetual or having an original maturity of not less than 365 days of (i) the Issuer (and which shall, for the avoidance of doubt, include without limitation the Existing Senior Secured Notes, the Existing Credit Facility and the Existing Convertible Bonds) or (ii) any Subsidiary of the Issuer.