Closing Date Refinancing definition
Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.
Closing Date Refinancing means the repayment of all outstanding Indebtedness under the Existing Credit Agreement.
Closing Date Refinancing has the meaning assigned to such term in the recitals to this Agreement.
Examples of Closing Date Refinancing in a sentence
The proceeds of the Closing Date Term Loans will be used (i) to consummate the Transactions (including working capital and/or purchase price adjustments, to effect the Closing Date Refinancing and for the payment of Transaction Expenses) and (ii) for general corporate purposes not prohibited by the terms of this Agreement.
On the Closing Date the Closing Date Refinancing will be consummated and the Administrative Agent shall have received a duly executed payoff letters, in form and substance satisfactory to the Administrative Agent, in respect of the Existing Credit Facility.
More Definitions of Closing Date Refinancing
Closing Date Refinancing has the meaning specified in Section 4.01(k).
Closing Date Refinancing as defined in Section 6.1(o).
Closing Date Refinancing has the meaning specified in the preliminary statements to this Agreement.
Closing Date Refinancing means the termination of the commitments under the Existing Credit Agreements, the repayment of all outstanding principal and accrued and unpaid interest and fees owing thereunder and the termination of all guarantees and security thereunder.
Closing Date Refinancing means the repayment or other satisfaction in full and the termination of any commitment to make extensions of credit under all of the outstanding indebtedness of the Acquired Business listed on Schedule 1.01(A).
Closing Date Refinancing means the repayment in full (or the making of arrangements for the repayment in full) of all principal, accrued and unpaid interest, fees, premium, if any, and other amounts (other than (x) obligations not then due and payable or that by their terms survive the termination thereof and (y) certain existing letters of credit outstanding under the Existing Credit Facility, as applicable, that on the Closing Date will be grandfathered into, or backstopped by, the Revolving Credit Facility or cash collateralized in a manner satisfactory to the issuing banks thereof) and termination of (or the making of arrangements for the termination of) all commitments to extend credit, in each case, under the Existing Credit Facility, and the termination and/or release of (or the making of arrangements for the termination and/or release of) any security interests and guarantees in connection therewith, in each case, to occur prior to, or substantially contemporaneously with the funding of the Facilities.
Closing Date Refinancing means (a) the repayment in full of, and the termination of all obligations and commitments under, the Existing Credit Agreement and (b) the redemption and repayment in full, and discharge of, the Second-Priority Senior Secured Notes (including the release of all liens and security interests related to the Second-Priority Senior Secured Indenture) (in each case, other than contingent indemnification, expense reimbursement claims or other contingent obligations not then due and payable).