Credit Agreement Claims Sample Clauses

Credit Agreement Claims. (a) WNR Company hereby agrees with the Lender, for the benefit of the Credit Agreement Parties, that the Credit Agreement Parties shall have rights and claims enforceable against WNR Company for payment of all or a portion of the Credit Agreement Obligations to the same extent that the Assumed Debt Parties (as opposed to the Company) have rights and claims, if any, enforceable against WNR Company for payment of all or any portion of the Assumed Debt (including accrued and unpaid interest and any related obligations in respect of premiums, fees and indemnities) pursuant to or by reason of any Assumption Agreement (such rights and claims of the Assumed Debt Parties, the “Assumed Debt Claims”), as if WNR Company and the Company had entered into an assumption agreement in respect of the Credit Agreement Obligations on the same terms as such Assumption Agreement that is the subject of the Assumed Debt Claims (such rights and claims of the Credit Agreement Parties, the “Credit Agreement Claims”). It is understood and agreed that (i) if the Credit Agreement Parties have Credit Agreement Claims by reason of one or more, whether in whole or in part, but less than all, of the Assumed Debt being subject to Assumed Debt Claims, then the Credit Agreement Claims of any Credit Agreement Party shall be limited to its Pro Rata Claim Amount, and (ii) WNR Company shall be fully liable for any such Credit Agreement Claims subject only to the limitations expressly set forth in this Agreement. Any Credit Agreement Claims due and owing by WNR Company hereunder shall be payable by WNR Company to the Lender for the benefit of the Credit Agreement Parties.
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Credit Agreement Claims. All allowed First Lien Credit Agreement Claims shall be Reinstated at existing rates and maturities. Unimpaired; not entitled to vote First Lien Notes Claims All allowed First Lien Notes Claims shall be Reinstated at existing rates and maturities. Unimpaired; not entitled to vote Second Lien Notes Claims All allowed Second Lien Notes Claims shall be Reinstated at existing rates and maturities. Unimpaired; not entitled to vote Guaranteed Unsecured Notes Claims Holders of allowed Guaranteed Unsecured Notes Claims shall receive their pro rata share of: Impaired; entitled to vote
Credit Agreement Claims. All claims arising under the Credit Agreement and all documents and agreements related thereto (including, without limitation, swap obligations secured ratably therewith, collectively the “Credit Agreement Claims”) shall be deemed allowed in an amount equal to principal plus interest and all other amounts due under the Credit Agreement. On the Effective Date, each holder of a Credit Agreement Claim shall receive the following, in full and complete satisfaction of such holder’s Credit Agreement Claim:
Credit Agreement Claims. The DIP Facility shall provide for the repayment of all outstanding amounts due and payable under the Credit Agreement, and accordingly, there shall be no claims arising under the Credit Agreement.(3)
Credit Agreement Claims. Except to the extent that a Holder of an Allowed Credit Agreement Claim agrees to less favorable treatment, on the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each Allowed Credit Agreement Claim, each Holder thereof shall receive its Pro Rata share of and interest in: (i) the New Term Loan; and (ii) 89% of the New Sungard AS Equity, subject to dilution on account of the Management Incentive Plan; provided, however, that the Acceleration Makewhole Premium Settlement Amount, which otherwise would have been distributable to the Holders of Allowed 2022 Term Loan Claims shall instead be distributed Pro Rata to the Holders of Notes Claims in accordance with Section 3.2(d) of the Plan.2 Letters of credit outstanding under the Credit Agreement, to the extent undrawn, shall be terminated, cash collateralized, or backstopped in a manner satisfactory to the Credit Agreement Agent on or prior to the Effective Date. Impaired; entitled to vote
Credit Agreement Claims. All allowed First Lien Credit Agreement Claims shall be Reinstated at existing rates and maturities. Unimpaired; not entitled to vote First Lien Notes Claims All allowed First Lien Notes Claims shall be Reinstated at existing rates and maturities. Unimpaired; not entitled to vote Second Lien Notes Claims All allowed Second Lien Notes Claims shall be Reinstated at existing rates and maturities. Unimpaired; not entitled to vote

Related to Credit Agreement Claims

  • Credit Agreements Schedule II is a complete and correct list, as of the date of this Agreement, of each credit agreement, loan agreement, indenture, purchase agreement, guarantee or other arrangement providing for or otherwise relating to any Indebtedness or any extension of credit (or commitment for any extension of credit) to, or guarantee by, the Company or any of its Material Subsidiaries the aggregate principal or face amount of which equals or exceeds (or may equal or exceed) $150,000,000 and the aggregate principal or face amount outstanding or which may become outstanding under each such arrangement is correctly described in Schedule II.

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

  • Credit Agreement and Notes This Agreement and the Notes executed by each party thereto;

  • Existing Credit Agreement The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

  • to Credit Agreement COLLATERAL REPORTS Borrower shall deliver or cause to be delivered the following:

  • Credit Agreement Governs Except as set forth in this Agreement, the New Term Loans shall otherwise be subject to the provisions of the Credit Agreement and the other Credit Documents.

  • (b) of the Credit Agreement Section 2.5(b) of the Credit Agreement is hereby amended and restated to read in its entirety as follows:

  • Credit Agreement Amendment The Credit Agreement is hereby amended as follows:

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