New Debt Documents Clause Samples

New Debt Documents. On the Effective Date, Reorganized MMLP and Reorganized Finance Corp. shall issue the New 1.5 Lien Notes pursuant to the terms and conditions set forth in the New 1.5 Lien Notes Indenture and the other New 1.5 Lien Notes Documents and consistent with the Restructuring Support Agreement. On the Effective Date, Reorganized MMLP and Reorganized Finance Corp. shall issue the New Second Lien Notes pursuant to the terms and conditions set forth in the New Second Lien Notes Indenture and the other New Second Lien Notes Documents and consistent with the Restructuring Support Agreement. On the Effective Date, the Debtors who are guarantors of the First Lien Claims and the Holders of the First Lien Claims, the New 1.5 Lien Notes and the New Second Lien Notes shall enter into the Intercreditor Agreement. Confirmation of the Plan shall be deemed approval of the New 1.5 Lien Notes, the New 1.5 Lien Notes Indenture, the New 1.5 Lien Notes Documents, the New Second Lien Notes, the New Second Lien Notes Indenture, and the New Second Lien Notes Documents, and all actions to be taken, undertakings to be made, and obligations to be incurred by the Reorganized Debtors in connection therewith, including all transactions contemplated thereby, the payment of all fees, indemnities, expenses, and other payments provided for therein, and authorization of the Reorganized Debtors to enter into and execute the New Debt Documents, and such other documents as may be required to effectuate the treatments related to or afforded by the New 1.5 Lien Notes and the New Second Lien Notes, as applicable. By purchasing or being deemed to have purchased the New 1.5 Lien Notes and receiving distributions of the New Second Lien Notes, as applicable, under the Plan, the noteholders under each of the New Debt Documents shall be deemed to have accepted the terms of the applicable New Debt Documents and to be parties thereto (to the extent applicable) without further action or signature (in each case, solely in their capacity as noteholders thereunder). On the Effective Date, without limiting the obligation and authorization of the Reorganized Debtors and other Persons and Entities to grant and perfect the Liens and security interests required by the New Debt Documents, all of the Liens and security interests to be granted in accordance with the New Debt Documents (a) shall be deemed to be granted, (b) shall be legal, binding, and enforceable Liens on, and security interests in, the collateral granted ...
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New Debt Documents. The New Debt Agreements, and all other agreements, documents, and instruments evidencing or securing the New Debt, to be delivered or entered into in connection therewith (including any guarantee agreements, pledge and collateral agreements, intercreditor agreements, subordination agreements, fee letters, and other security documents). New Revolver A revolving credit facility for up to $750 million of availability, which shall be undrawn as of the Effective Date. New Secured Notes Any secured notes issued as part of the Reorganized Debtors’ capital structure. New Term Loan Any term loan facility issued as part of the Reorganized Debtors’ capital structure. New Warrants Agreements The Series A Warrant Agreement and the Series B Warrant Agreement, collectively. New Warrants Term Sheet That certain term sheet setting forth certain terms and conditions of the New Warrants attached to this Plan Term Sheet as Annex D. New Warrants The Series A Warrants and the Series B Warrants, collectively. Non-Debtor Intercompany Claim Any Claim held by a non-Debtor Affiliate of the Debtors against a Debtor. Other Intercompany Claims Any Claim that may be asserted against any HoldCo by any ▇▇▇▇▇▇▇ Subsidiary or against any ▇▇▇▇▇▇▇ Subsidiary by any HoldCo. Other Priority Claim Any Claim other than an Administrative Claim, a DIP Claim or a Priority Tax Claim entitled to priority in right of payment under section 507(a) of the Bankruptcy Code. Other Secured Claim Any Secured Claim, other than a DIP Claim or a First Lien Claim. Parties The parties to the Plan Support Agreement. Petition Date The date on which the Chapter 11 Cases were commenced. Plan The plan of reorganization to be filed by a Debtor under chapter 11 of the Bankruptcy Code that is consistent with this Plan Term Sheet. Plan Supplement The compilation of documents and forms and/or term sheets of documents, agreements, schedules, and exhibits to the Plan that will be filed by the Debtors with the Bankruptcy Court prior to the Effective Date, each of which shall be consistent in all material respects with the Plan Support Agreement (to the extent applicable) and subject to the consent rights set forth in the Plan Support Agreement. Plan Support Agreement That certain plan support agreement, dated as of February 11, 2021 (as may be further amended, supplemented or modified pursuant to the terms thereof), by and among the Company Parties and the Consenting Creditors.
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Related to New Debt Documents

  • Financing Documents The CAC Credit Facility Documents, the ▇▇▇▇▇ Fargo Warehouse Documents, the Fifth Third Warehouse Documents, the Flagstar Warehouse Documents, the BMO Warehouse Documents, the Credit Suisse Warehouse Documents, the 2018-3 Securitization Documents, the 2018-2 Securitization Documents, the 2018-1 Securitization Documents, the 2017-3 Securitization Documents, the 2017-2 Securitization Documents, the 2017-1 Securitization Documents, the 2016-3 Securitization Documents, the 2016-2 Securitization Documents, the 2016-1 Securitization Documents and the 2015-2 Securitization Documents.

  • Credit Documents Administrative Agent shall have received sufficient copies of each Credit Document originally executed and delivered by each applicable Credit Party for each Lender.

  • Facility Documents The Facility Documents, duly executed by the parties thereto;

  • Note Documents Receipt by the Purchasers of executed counterparts of this Agreement and the other Note Documents, each properly executed by a Responsible Officer of the signing Note Party and each other party to such Note Documents, in each case in form and substance satisfactory to the Purchasers.

  • Loan Documents The Requisite Lenders may direct the Administrative Agent to, and the Administrative Agent if so directed shall, exercise any and all of its rights under any and all of the other Loan Documents.