Examples of Revolving Loan Documents in a sentence
The DIP Revolving Loan Documents shall be in form and substance satisfactory to the Initial Lenders.
Upon the occurrence and during the continuation of any Event of Default under the DIP Revolving Loan Documents, the DIP Revolving Agent may and at the direction of the Required DIP Revolving Lenders will have the right to cease making DIP Revolving Loans and, upon not more than five days' notice to the Borrower (which shall be filed with the Bankruptcy Court and served on all key notice parties), otherwise exercise customary rights and remedies.
The DIP Revolving Loan Documents will contain representations and warranties customarily found in loan agreements for similar debtor-in- possession financings and other representations and warranties deemed by the DIP Revolving Agent appropriate to the specific transaction (which will be applicable to the Borrower, the Guarantors and their respective subsidiaries and subject to certain exceptions and qualifications to be agreed).
Notwithstanding anything to the contrary contained herein, in connection with any such purchase and sale, the Revolving Loan Secured Parties shall retain all rights under the Revolving Loan Documents to be indemnified or held harmless by the Grantors in accordance with the terms thereof.
The Maturity Date of the Note and Revolving Loan Agreement is hereby extended to April 30, 2016, at which time the entire unpaid principal balance of the Note and all accrued but unpaid interest and any other outstanding amounts due to Lender under the Revolving Loan Documents shall be due and payable.