Term Loan Facilities definition

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

Term Loan Facilities the collective reference to the Tranche A Term Loan Facility and the Tranche B Term Loan Facility.

Term Loan Facilities means the Tranche B-1 Term Facility and the Tranche B-2 Term Facility.

Examples of Term Loan Facilities in a sentence

• Each optional prepayment in respect of the Term Loans shall be allocated among the Term Loan Facilities in accordance with the Borrower’s instructions.

• On the Initial Borrowing Date, the Facility Agent shall have received evidence, in form and substance reasonably satisfactory to the Facility Agent, that the Borrower shall have funded from cash on hand an amount equal to 1% of the Initial Construction Price for the Vessel (other than from the proceeds of Loans and loans under the Term Loan Facilities).

• Administrative Agent shall promptly notify Borrower, Lenders (including, without limitation, any Eligible Assignee becoming a Lender) and lenders under the Incremental Term Loan Facilities of the final allocation of such increase and the Increase Effective Date.

• Each optional prepayment in respect of the Term Loans shall be allocated among the Term Loan Facilities pro rata according to the respective outstanding principal amounts of Term Loans under such Facilities.

• The agreements in this Subsection 10.11 shall survive the resignation and/or replacement of the Administrative Agent, any assignment of rights by, or the replacement of, a Lender and the repayment, satisfaction or discharge of all other Term Loan Facilities Obligations.

More Definitions of Term Loan Facilities

Term Loan Facilities means (a) the loans made pursuant to the Term Credit Agreement on the Closing Date, (b) any term loan incremental facilities permitted to be incurred in accordance with the terms of the Term Credit Agreement as in effect on the Closing Date, and (c) any Indebtedness incurred under Section 2.21 of the Term Credit Agreement.

Term Loan Facilities means collectively, the Jewel Credit Facility and the Jade Credit Facility.

Term Loan Facilities means one or more facilities that make available term loan borrowings.

Term Loan Facilities means each of the term loan facilities provided pursuant to the Term Loan Facilities Agreements.

Term Loan Facilities means the term loan facilities contained in the Credit Agreement and any other facility or financing arrangement that Refinances in whole or in part any such term loan facility.

Term Loan Facilities means, collectively, the First Lien Credit Agreement and the Second Lien Credit Agreement, each individually, a “Term Loan Facility”.

Term Loan Facilities means, collectively, the First Term Loan Facility, the Second Term Loan Facility, the Third Term Loan Facility and the Fourth Term Loan Facility.