before and after giving effect to the borrowing of such Refinancing Term Loans on the Refinancing Effective Date:
As more particularly provided in the Senior Refinancing Indenture, # Senior Notes issued pursuant to the Senior Refinancing Indenture shall bear interest at the Senior Fixed Rate and # Senior Notes issued pursuant to the Senior Refinancing Indenture # shall mature on October 9, 2022 and # shall be redeemable as set forth in the Senior Refinancing Indenture and the Senior Notes attached thereto.
The Borrower may approach any Lender or any other person that would be a permitted assignee pursuant to Section 9.04 to provide all or a portion of the Refinancing Term Loans or Replacement Revolving Commitments; provided, that any Lender offered or approached to provide all or a portion of the Refinancing Term Loans or Replacement Revolving Commitments may elect or decline, in its sole discretion, to provide a Refinancing Loan or Replacement Revolving Commitments. Any Refinancing Term Loans or Replacement Revolving Commitments made on any Refinancing Effective Date shall be designated an additional Class of Loans for all purposes of this Agreement; provided, further, that any Refinancing Term Loans or Replacement Revolving Commitments may, to the extent provided in the applicable Refinancing Amendment governing such Refinancing Term Loans or Replacement Revolving Commitments, be designated as an increase in any previously established Class of Loans made to the Borrower.
“Refinancing Revolving Credit Commitments”: one or more Classes of revolving credit commitments hereunder that result from a Refinancing Amendment.
“Refinancing Revolving Loans” shall mean one or more Tranches tranches of Revolving Loans that result from a Refinancing Amendment.
in the case of any Permitted Refinancing in respect of any Incremental Equivalent Debt, such Permitted Refinancing shall be subject to the terms of [clause (c)] of the definition of “Incremental Equivalent Debt” as if such Permitted Refinancing were also Incremental Equivalent Debt.
“Refinancing Amendment” means an amendment to this Agreement executed by each of # the Borrower, # the Administrative Agent, # each Additional Refinancing Lender and # each Lender that agrees to provide any portion of Refinancing Term Loans incurred pursuant thereto, in accordance with [Section 2.13].
Substantially concurrently with the initial funding of the Bridge Facility and the RBL Amendment or the Refinancing RBL Facility, as applicable, the Refinancing shall have been consummated.
“Permitted Refinancing” means, with respect to any Indebtedness, any modification, refinancing, refunding, renewal, replacement, exchange or extension (in whole or in part) of such Indebtedness; provided that:
Repayment. The Refinancing Term Loan shall be interest only through April 30, 2017, with interest due and payable in accordance with [Section 2.3(f)] hereof. Thereafter, the Refinancing Term Loan shall be payable in # thirty six (36) consecutive equal monthly installments of principal in the amount of Two Hundred Seventy Seven Thousand Seven Hundred Seventy Seven and 78/100 Dollars ($277,777.78), plus # monthly payments of accrued and unpaid interest (the Term Loan Payments), beginning on May 1, 2017, and continuing on the same day of each month thereafter through the Refinancing Term Loan Maturity Date. Borrowers final Term Loan Payment, due on the Refinancing Term Loan Maturity Date, shall include all outstanding principal and accrued and unpaid interest under the Refinancing Term Loan. Once repaid, the Refinancing Term Loan may not be reborrowed.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.