Term Loan B Credit Facility definition

Term Loan B Credit Facility means any term loan B credit agreement entered into between, among others, the Company on terms and subject to conditions (i) consistent in all material respects with the proposed terms set out in the commitment letter dated on or around March 14, 2023, from Silver Point Capital, L.P. to the Company and (ii) not materially less favorable (from the perspective of the Holders) than those contained in the draft term loan B credit agreement distributed by the Company to the Holders on March 7, 2023.
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Term Loan B Credit Facility means the Credit Agreement originally dated April 18, 2023 (as amended, novated, supplemented, extended or restated from time to time) by and among, inter alios, J.P. Morgan SE as Administrative Agent, Wilmington Trust (London) Limited as Security Agent, Oatly AB as Swedish Borrower and Oatly Inc. as U.S. Borrower.
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Term Loan B Credit Facility means the Credit Agreement originally dated April 18, 2023 (as amended, novated, supplemented, extended or restated from time to time) by and among, inter alios, J.X. Xxxxxx SE as Administrative Agent, Wilmington Trust (London) Limited as Security Agent, Oatly AB as Swedish Borrower and Oatly Inc. as U.S. Borrower.
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Examples of Term Loan B Credit Facility in a sentence

  • Original Term Loan B Credit Facility The Original Term Loan B Credit Facility and amendments thereto included debt issuance costs that were withheld from the proceeds of the loans, arranger fees, as well as legal and structuring fees.

  • Borrowings under the Term Loan Facility—Related Party accrued interest at a rate equal to the sum of (i) the rate per annum applicable to the Original Term Loan B Credit Facility (including as such per annum rate fluctuated from time to time in accordance with the terms of the agreement governing the Original Term Loan B Credit Facility) discussed in note 6(b) plus (ii) 0.25%.

  • These debt issuance costs were written off in connection with the repayment of the Original Term Loan B Credit Facility on March 13, 2018, resulting in a loss on extinguishment of debt during the year ended December 31, 2018 of $3,501.

  • OCIB amortized debt issuance costs related to the Original Term Loan B Credit Facility of $415, $2,161 and $11,419 during the years ended December 31, 2018, 2017 and 2016, respectively.

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  • The new Term Loan B Credit Facility, subject to market conditions and other factors, is expected to be in the aggregate principal amount of $500 million, have a maturity of six years, be secured by a substantial portion of our assets and bear interest at a floating interest based on LIBOR plus an applicable margin.

  • The Term Loan B Credit Facility bears interest, at PDSA’s option, of either (a) LIBOR, which will not be less than a floor of 1%, plus a margin of 3.5% per annum, or(b) a rate of interest per annum equal to (i) the prime rate for such day, (ii) the sum of the federal funds rate plus 0.5% or (iii) 1% per annum above the one-month LIBOR, whichever is the highest rate in each case, plus a margin of 2.5% per annum.

  • The Term Loan B Credit Facility is governed by that certain credit agreement, dated as of June 3, 2013 (as amended, restated, supplemented or otherwise modified, the Term Loan Agreement”), by and among PDSA, as borrower, the various guarantor partiesthereto, as guarantors, the lead arranger and bookrunner parties thereto, the banks and financial institutions party thereto (collectively, the “Term Loan Lenders”, as lenders, and theadministrative agent thereunder (the “TLB Agent”).


More Definitions of Term Loan B Credit Facility

Term Loan B Credit Facility means the senior secured term loan B credit facility to be dated on or about the closing date of the BlueLine Acquisition, to be entered into by, among others, the Company and Bank of America N.A.
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Term Loan B Credit Facility as at any time, refers collectively to the aggregate of the Term Loan B Commitments of the Lenders at such time;
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Related to Term Loan B Credit Facility

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

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

  • 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

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.7.

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

  • New Credit Facility is defined in Section 9.8.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

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

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

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

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

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

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • Refinancing Revolving Credit Commitments shall have the meaning provided in Section 2.15(b)(i).

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • ABL Credit Facility means the agreement, dated as of March 30, 2015, among the Company, the Subsidiaries of the Company that borrow or guarantee obligations under such agreement from time to time, as “Credit Parties,” the lenders parties thereto from time to time and Bank of America, N.A., as agent (or its successor in such capacity), together with the related notes, letters of credit, guarantees and security documents, and as the same may be amended, restated, amended and restated, supplemented or modified from time to time and any renewal, increase, extension, refunding, restructuring, replacement or refinancing thereof (whether with the original administrative agent and lenders or another administrative agent, collateral agent or agents or one or more other lenders or additional borrowers or guarantors and whether provided under the original ABL Credit Facility or one or more other credit or other agreements or indentures).

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.