Existing Bank Debt definition
Examples of Existing Bank Debt in a sentence
Tendered Existing Bank Debt shall be cancelled (following its contribution by Group to Viasystems).
Under the Hicks Muse Exchange, Hicks Muse will direct the record holder to transfer Existing Bank Debt beneficially owned by Hicks Muse under a participation agreement in the principal amount of $23.7 million to Group (Group will thereafter contribute such Existing Bank Debt to Viasystems for cancellation).
The Debtors intend to make distributions, as required by this Plan, in accordance with the books and records of the Debtors (or in the case of the Existing Bank Debt, in accordance with the books and records of JPMorgan Chase Bank as Administrative Agent under the Existing Credit Agreement).
At the close of business on the Distribution Record Date, the transfer ledgers for the Existing Bank Debt (maintained by JPMorgan Chase Bank, as Administrative Agent under the Existing Credit Agreement), Senior Notes, Subordinated Notes, and Existing Group Stock shall be closed, and there shall be no further changes in the record holders of such debt and securities.
Incident to and as part of the transactions that comprise this Plan and pursuant to that certain Commitment Agreement executed by Hicks Muse, Hicks Muse has agreed, on the Effective Date, to transfer Existing Bank Debt to Group for shares of New Common Stock (the "Hicks Muse Exchange").