Refinancing Arrangements definition

Refinancing Arrangements means the new financing arrangements currently expected to be entered into by the PRC Affiliate with Bank of Shanghai following Completion pursuant to which the PRC Affiliate’s existing bank debt will be refinanced and a new loan of not less than US$52,000,000 shall be extended to the PRC Affiliate;
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Refinancing Arrangements has the meaning set forth in Section 3.1 hereto.
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Refinancing Arrangements means any arrangements entered into by any Group Company to refinance the debt facilities under the Mezzanine Loan Agreement and/or the Senior Facilities Agreement and any subsequent refinancing thereof;
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Examples of Refinancing Arrangements in a sentence

  • The purchase and sale referred to in Section 1.1 (the "CLOSING") shall take place simultaneously with, and at the same location as, the consummation of the transactions contemplated by the Refinancing Arrangements.

  • Concurrently with the execution hereof, the Advance/▇▇▇▇▇▇▇▇ Group is consummating its own stand-alone financings under one or more credit arrangements secured by the Selected Subsidiary and the Advance/▇▇▇▇▇▇▇▇ Group's rights in respect of the Selected Business (the "Refinancing Arrangements").

  • Refinancing Arrangements ..................................................4 1.36.


More Definitions of Refinancing Arrangements

Refinancing Arrangements has the meaning ascribed to such term in the Master Transaction Agreement.
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Related to Refinancing Arrangements

  • Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;

  • Refinancing Agreement as defined in Subsection 8.3(c).

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Refinancing Documents means each of the agreements, documents and instruments entered into in connection with the Refinancing.

  • Credit Agreement Refinancing Indebtedness means (a) Permitted Pari Passu Refinancing Debt, (b) Permitted Junior Refinancing Debt, or (c) Permitted Unsecured Refinancing Debt obtained pursuant to a Refinancing Amendment, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans, Incremental Term Loans, Refinancing Term Loans, Prepetition Subsidiary Debt, Revolving Credit Loans, Incremental Revolving Credit Commitments or Refinancing Revolving Credit Loans hereunder (including any successive Credit Agreement Refinancing Indebtedness) (“Credit Agreement Refinanced Debt”); provided that (i) such extending, renewing or refinancing Indebtedness is in an original aggregate principal amount not greater than (A) the aggregate principal amount of the Credit Agreement Refinanced Debt, plus (B) accrued, capitalized and unpaid interest thereon, any fees, premiums (including any makewhole), accrued interest associated therewith, or other reasonable amount paid, and fees, costs and expenses, commissions or underwriting discounts incurred in connection therewith, (ii) the terms applicable to such Credit Agreement Refinancing Indebtedness comply with the Required Debt Terms, (iii) such Credit Agreement Refinanced Debt (other than unasserted contingent indemnification or reimbursement obligations and letters of credit that have been cash collateralized, rolled into another credit facility or backstopped in accordance with the terms thereof) shall be repaid, defeased or satisfied and discharged, and (unless otherwise agreed by all Lenders holding such Credit Agreement Refinanced Debt) all accrued interest, fees and premiums (if any) in connection therewith shall be paid on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained and (iv) in the case such Credit Agreement Refinanced Debt is Prepetition Subsidiary Debt and the Credit Agreement Refinancing Indebtedness in respect thereof is in the form of MFN Qualifying Term Loans, then the MFN Adjustment shall be made to the Initial Term Loans to the extent otherwise required under Section 2.14(b) as if such Credit Agreement Refinancing Indebtedness were incurred thereunder (other than to the extent such Indebtedness constitutes a customary bridge facility, so long as the long-term Indebtedness into which such customary bridge facility is to be converted or exchanged would not otherwise be subject to the MFN Adjustments).