Exit Credit Facilities definition

Exit Credit Facilities means, collectively, the Reorganized REVA Exit Credit Facility and the NewLLC Exit Credit Facility.

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Exit Credit Facilities means, collectively, the First Lien Exit Facility, the Second Lien Exit Facility, and the Exit L/C Facility.

Exit Credit Facilities means “Credit Facilities”, as such term is defined in the Restructuring Term Sheet.

Examples of Exit Credit Facilities in a sentence

On or before the Effective Date, the Reorganized Debtors shall enter into the Exit Credit Facilities, and, subject to the satisfaction of the DIP Facility Claims and the DIP Backstop Fee Claims in accordance herewith, grant the Liens and security interests provided for therein.
Permit the amount of Loans outstanding hereunder as of the Plan Effective Date to exceed $15,000,000 or such greater amount necessary to make any cash payments required or necessary under the Chapter 11 Plan, to satisfy the minimum liquidity conditions of the Exit Credit Facilities and to Cash Collateralize any stand-alone letter of credit facility in an amount not to exceed $2 million.
The Reorganized Debtors that are the guarantors under the Exit Credit Facilities shall issue the guarantees and grant the Liens and security interests as provided therein.

More Definitions of Exit Credit Facilities

Exit Credit Facilities means the Exit Term Credit Agreement, the Exit Revolver Credit Agreement, and any alternative exit financing, the material terms of which are set forth in the Plan Supplement in amounts and on terms (including all documentation) acceptable to the Debtors and the Requisite Investors in consultation with the Creditors’ Committee.

Exit Credit Facilities means the New Term Facility, the New Working Capital Facility and the New Second Lien Credit Facility.

Exit Credit Facilities means, collectively, the Exit ABL Credit Facility and the Exit Term Loan Credit Facility.

Exit Credit Facilities means the New First Lien Credit Facility and the New Second Lien Credit Facility.

Exit Credit Facilities means the Exit Revolving Facility and Exit Second-Lien Facility.

Exit Credit Facilities means, collectively, the Exit ABL Facility and the Exit Term Loan Facility.

Exit Credit Facilities means the Exit First Out First Lien Credit Facility and the Exit Second Out First Lien Credit Facility and/or any additional or alternative sources of exit financing the material terms of which are set forth in the Plan Supplement, which shall provide for sufficient financing to repay all DIP Facility Claims and pay Administrative Expense Claims, Priority Claims, Other Secured Claims and Prepetition Credit Facility Claims, in each case, in Cash in full (unless otherwise agreed to by the holders of such Claims as set forth herein) prior to or as of the Effective Date.