Examples of Cash Collateral Motion in a sentence
Pursuant to the MLP Loan Documents (as defined in MLP Debtors’ Cash Collateral Motion [Docket No. 18]), the MLP Debtors were initially obligors with respect to a $175.0 million term loan facility.
On August 1, 2015, the MLP Debtors exercised their option to incur an additional $120.0 million in term loan indebtedness pursuant to the MLP Credit Agreement (as defined in MLP Debtors’ Cash Collateral Motion [Docket No. 18]).
Additionally, as described more fully in the Cash Collateral Motion, as of the Petition Date, the Mezz 1 Loan (as defined in the Cash Collateral Motion) was held by ESS-GV Holdings LLC (a competitor of the Debtors) and the Mezz 2 Loan (as defined in the Cash Collateral Motion) was held by RREF III Storage LLC.
In addition to the relief described above, the Debtors also filed the Cash Collateral Motion.
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