Exit Credit Facilities definition

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

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 the Effective Date, the Reorganized Debtors shall enter into the Exit Credit Facilities, the terms of which will be set forth in the Exit Credit Facilities Documents, as applicable.

• The Debtors, GGS Holdings, the lenders in each of the Exit Credit Facilities, and each of their respective agents, affiliates, current and former officers, directors, employees, managers, attorneys, financial advisors, accountants, investment bankers, consultants, management companies or other professionals or representatives participated in good faith, arm’s length negotiations with respect to the Exit Credit Facilities, respectively, and all Exit Credit Facility Documents.

• The loans and other extensions of credit contemplated by the Exit Credit Facilities and the granting of Liens to secure such loans and other extensions of credit are approved and authorized in all respects.

• Each of the Exit Credit Facilities constitutes reasonably equivalent value and fair and valuable consideration and is in the best interests of the Debtors, their Estates and creditors, the Reorganized Debtors, GGS Holdings, and all other parties in interest.

• The Exit Credit Facility Documents shall have been duly executed and delivered by the Reorganized Debtors parties thereto, and all conditions precedent to the consummation of the Exit Credit Facilities shall have been waived or satisfied in accordance with the terms thereof.

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 Committee.

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.

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 Exit Revolving Facility and Exit Second-Lien Facility.

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

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