Examples of Term Loan C Facility in a sentence
Subject to the terms and conditions hereof, the Lender is willing to provide the Term Loan C Facility to the Borrower and to amend certain provisions of the Existing Credit Agreement in order to effectuate the foregoing.
The Issuers shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the cash or non-callable U.S. Government Securities deposited pursuant to Section 8.4 hereof or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the outstanding Notes.
Type and Amount of Facility: Term Loan C Facility in an aggregate principal amount of $100 million.
Notwithstanding any other provision of this Agreement no member of the Group (other than the Parent) which is not incorporated in the United States of America may be or become a Term Loan C Facility Borrower and the Parent shall not be entitled to draw down the Term Loan C Facility.
Amounts borrowed under the Initial Term Loan B Facility and the Term Loan C Facility will bear interest based on applicable LIBOR rates, subject to a 0.75% floor, plus 2.75%.