Define Super Senior Term Facility. means (i) the Original Super Senior Term Facility Agreement and (ii) any other working capital facility agreement or similar agreement providing financing for general corporate purposes between any Group Company and a Super Senior Creditor replacing a super senior facility in accordance with the Section "Replacement of Debt".A super senior lender will often take comfort from the fact that disposals of assets or companies in excess of a certain level in any financial year, or over the life of the facilities, will amount to a Material Event of Default and therefore trigger the ability for the super senior lender to drive the enforcement process (following expiry of a standstill period).Define Super Senior Lenders. means those Original Lenders that subscribe to the Super Senior Facility pursuant to Clause 24 (Super Senior Facility).The document starts from a typical super-senior filming facility, a sequential note and a high-precision note structure, with a parent company creating the borrower, for which funds are made available for the acquisition of a target senior unitranche | Mind the gap - Osborne Clarke Definition of super-senior debt - FinanceTalkingSuper senior unitranche | Mind the gap - Osborne Clarke Super senior unitranche | Mind the gap - Osborne Clarke Definition of super-senior debt. Super-senior debt. Senior lenders are those who are in the best position if a company gets into difficulties with its debt as the senior lenders have first call on the unsecured assets (before other lenders). However, in a debt restructuring, sometimes new lenders come in to fund the continuing operation of the company on a super-senior ;· Basic introduction to super senior, senior, mezzanine and junior debt. The range of funding options open to companies has exploded, resulting in a vast array of different capital and security structures. Before the 2007/8 credit crunch, it was common to see senior debt (usually held by banks), followed by mezzanine debt and then junior debt 06/05/2021 · Dobrodošli na sajt Hipotekarne banke. (+382 202) 19905Dobrodošli na sajt Hipotekarne banke. (+382 202) 1990518/03/2020 · The new super senior facility agreement will be used to repay in full and cancel its £20m existing revolving credit facility and a £10m facility to Chinese private equity firm Hony Capital

Tags: