Unsecured Term Loan Facility definition

Unsecured Term Loan Facility means that certain unsecured credit agreement, dated as of January 18, 2013, among the Borrower, Holdings, as a guarantor, Macquarie US Trading LLC, as administrative agent, and the lenders named therein and from time to time party thereto, together with any refinancing, refunding, renewal or extension thereof pursuant to Section 7.02(m).
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Unsecured Term Loan Facility means the prepetition term loan facility provided by the Unsecured Term Loan Lenders.
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Unsecured Term Loan Facility means an unsecured term loan or other debt facility providing for term loans or notes in an aggregate principal amount of up to $50,000,000 to be made to, or (in the case of any notes) issued by, the Borrower on or after the Amendment No. 4 Effective Date under Section 7.02(j), together with any refinancing, refunding, renewal or extension thereof pursuant to Section 7.02(m).
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Examples of Unsecured Term Loan Facility in a sentence

  • You agree that the closing and initial funding of the Unsecured Term Loan Facility (the "Closing Date") shall not occur until the conditions set forth below and in the Conditions to Closing set forth in Annex II hereto (the "Conditions Annex") (including the conditions to initial funding) have been satisfied or waived by us.

  • In the event Holdings permits an assignment of a portion of the Unsecured Term Loans, Holdings will have the right to replace or prepay any lender who does not consent to any amendment or waiver requiring the consent of such lender but approved by the Requisite Lenders; provided that Holdings has satisfied all of the outstanding obligations owing to such lender under the Unsecured Term Loan Facility.

  • We do not intend, prior to or after execution of the Loan Documentation (as defined in the Conditions Annex), to syndicate any portion of our Commitment in respect of the Unsecured Term Loan Facility and agree that any such syndication shall occur only with your prior written consent (which consent may be withheld in your sole and absolute discretion).

  • It is contemplated that the Lender will hold ----------- the entire principal amount of the Unsecured Term Loan Facility to maturity.

  • Availability: A single drawing may be made on the Closing ------------ Date of the full amount of the Unsecured Term Loan Facility.

  • Proceeds of the Unsecured Term Loan Facility ------- will be used on the Closing Date to finance a portion of the Merger consideration and the Refinancing and to pay fees, commissions and expenses in connection therewith.

  • The Loans rank pari passu in right of payment with the Senior Notes and the term loan facility evidenced by this Agreement constitutes the initial Unsecured Term Loan Facility (as defined in the Senior Credit Agreement).

  • Closing Date: The date of consummation of the Merger and ------------ the initial funding of the Unsecured Term Loan Facility.

  • You understand that in providing the Unsecured Term Loan Facility, we may use and rely on the Information and Projections without independent verification thereof.

  • In addition, all reasonable and documented out-of-pocket expenses (including but not limited to reasonable legal fees and expenses of not more than one counsel plus, if necessary, one local counsel per jurisdiction) of the Lender for workout proceedings, enforcement costs and documentary taxes associated with the Unsecured Term Loan Facility are to be paid by Holdings.