Summary of Principal Terms and Conditions. Valuation of Assets; Independent Valuation Firm,” and “IX. Determination of Net Asset Value” in the Memorandum (as those procedures may be changed from time to time in a manner consistent with the limitations of the Investment Company Act of 1940, as amended (the “1940 Act”)) as of the last day of the Company’s fiscal quarter immediately preceding such date.
Summary of Principal Terms and Conditions. Set forth below is a summary of the principal terms and conditions (the “Term Sheet”) for the Credit Facility (as defined below). This Term Sheet is for indicative purposes only and does not include descriptions of all of the terms, conditions and other provisions that are to be contained in the definitive documentation for the Credit Facility and is not intended to limit the scope of discussion and negotiation of any matters relating thereto but not expressly provided below.
Summary of Principal Terms and Conditions. Per Share Price Adjustments” in the Memorandum (the “Adjustment Procedures”), with the resulting quotient adjusted to the nearest whole number to avoid the issuance of fractional shares.
Summary of Principal Terms and Conditions. If the Proposed Amendment (as defined below) is obtained, the Borrower will obtain Designated Additional Term A-1 Loans in an aggregate principal amount of up to $700,000,000 and Designated Additional Term B Loans in an aggregate principal amount of up to $500,000,000 which funds will be used to fund the Self Tender and Affiliate Purchase, repay in full the Subsidiary Credit Agreements and pay Transaction Costs. Such Designated Additional Term A-1 Loans are expected to be on the terms of the Existing Credit Agreement (as amended pursuant to the Proposed Amendment) and otherwise as agreed by the Borrower and the Arranger (and, to the extent applicable, substantially as described in this Exhibit A with respect to the Term A Facility (including, for the avoidance of doubt, with respect to maturity)). Such Designated Additional Term B Loans are expected to be on the terms of the Existing Credit Agreement (as amended pursuant to the Proposed Amendment) and otherwise as agreed by the Borrower and the Arranger (and, to the extent applicable, substantially as described in this Exhibit A with respect to the Term B Facility). The approximate sources and uses in respect of the Designated Additional Term A-1 Loans and the Designated Additional Term B Loans are expected to be as set forth in Exhibit B. If the Proposed Amendment is not obtained, the Borrower will obtain the Replacement Facilities described below.
Summary of Principal Terms and Conditions. Capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Subscription Agreement to which this Term Sheet is attached (the “Subscription Agreement”). Issuer: Blackstone Products, Inc., a direct subsidiary of Ackrell SPAC Partners I Co. (NASDAQ: ACKI, ACKIU, ACKIT, ACKIW) (the “SPAC”), the entity which survives as the public parent (the “Company”) resulting from the de-SPAC transaction (the “De-SPAC”) among the SPAC, North Atlantic Imports, LLC (the “Target”), Xxxxx Xxxxx, North Atlantic Imports Inc. and Ackrell Merger Sub, Inc. Guarantors: The Convertible Senior Notes due 2027 of the Issuer (the “Notes”) and all obligations under the Indenture (as defined below) shall be unconditionally guaranteed, on a joint and several basis, by all obligors of any credit facility or capital markets debt of the Company and its subsidiaries (after giving effect to the De-SPAC). Trustee: To be selected by the Company with the consent of the Subscribers of the Notes of not less than a majority in aggregate principal amount of the Notes.
Summary of Principal Terms and Conditions. Second Lien Facility2 Borrower: Blue Pearl USA Ltd. (“Merger Sub”), a wholly owned subsidiary of Blue Pearl Mining Ltd. (“Parent”). Merger Sub will merge into the Acquired Business on the Closing Date, with the Acquired Business surviving the merger. Following the Acquisition, the Acquired Business will be known as the “Borrower”.
Summary of Principal Terms and Conditions. Type and Amount of Facility: Term Loan C Facility in an aggregate principal amount of $100 million.
Summary of Principal Terms and Conditions. Unsecured Term Loan Facility(1) ------------------------------- Borrower: Talon Holdings Corp. --------
Summary of Principal Terms and Conditions. Transaction Overview
Summary of Principal Terms and Conditions. Borrower: KGH Intermediate Holdco II, LLC and Xxxxx Frac, LP (collectively, the “Borrower”); provided, that the Term Loan (as defined below) funded on the Closing Date shall be funded solely to Xxxxx Frac, LP.
