Exit Facilities Term Sheet definition

Exit Facilities Term Sheet means the term sheet set forth as Exhibit D to the Restructuring Support Agreement.
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Exit Facilities Term Sheet means a term sheet, which is an exhibit to the Restructuring Support Agreement and Disclosure Statement, between the Reorganized Debtors as borrowers, the First Lien Exit Agent, and the Exit Lenders, setting forth the material terms of the Exit Facilities.
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Exit Facilities Term Sheet has the meaning set forth in the preamble to this Agreement.
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Examples of Exit Facilities Term Sheet in a sentence

  • On the Effective Date, the Reorganized Debtors shall enter into the Exit Facilities (the terms of which shall be set forth in the Exit Facility Documents) on terms consistent with the Exit Facilities Term Sheet and ABL Commitment Letter, if applicable.

  • On the Effective Date, the Reorganized Debtors are authorized to execute and deliver those documents necessary or appropriate to satisfy the conditions to effectiveness of the Exit Facilities, the terms, conditions, and covenants of each of which shall be structured in a manner consistent with the Exit Facilities Term Sheet, without further notice to or order of the Bankruptcy Court, act or action under applicable law, regulation, order, or rule or vote, consent, authorization, or approval of any person.

  • The First Lien Exit Facility shall be a revolving credit facility that will provide sufficient available funds as of the Effective Date to provide the Reorganized Debtors with working capital necessary to run their businesses and to fund certain capital expenditures (each such use in accordance with the Exit Facilities Term Sheet).

  • No later than the date that is two-hundred and twenty (220) calendar days after the Petition Date, the effective date of the Approved Plan (the “ Effective Date”)shall have occurred; provided that this milestone shall be automatically extended to the extent necessary, but in no event longer than fifteen (15) consecutive business days to allow for the expiration of the marketing period under the Exit Facilities Term Sheet (as defined in the Restructuring Support Agreement).

  • The First Lien Exit Facility shall be arevolving credit facility that will provide sufficient available funds as of the Effective Date to provide the Reorganized Debtors with working capital necessary to run their businesses and to fund certain capital expenditures (each such use in accordance with the Exit Facilities Term Sheet).


More Definitions of Exit Facilities Term Sheet

Exit Facilities Term Sheet means the term sheet attached as Exhibit 1 to the Plan Term Sheet.
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Related to Exit Facilities Term Sheet

  • Exit Facility Term Sheet means the Exit Facility Term Sheet attached as Exhibit 2 to Exhibit B of the Restructuring Support Agreement.

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

  • Exit Facility means a credit facility that will be entered into by the City, the Exit Facility Agent and the other financial institutions party thereto on the Effective Date on substantially the terms set forth on Exhibit I.A.119.

  • Term Sheet means any term sheet that satisfies the requirements of Rule 434 under the Act. Any reference herein to the "date" of a Prospectus that includes a Term Sheet shall mean the date of such Term Sheet.

  • Governance Term Sheet means the Governance Term Sheet attached as Exhibit F to the Restructuring Support Agreement.

  • Exit ABL Facility means the asset-based revolving credit facility provided for under the Exit ABL Credit Agreement.

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, intercreditor agreements, subordination agreements, fee letters, and other security documents

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • Exit Financing means the financing under the Exit Facility.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Credit Facilities means, with respect to the Issuer or any of its Restricted Subsidiaries, one or more debt facilities, including the Senior Credit Facilities, or other financing arrangements (including, without limitation, commercial paper facilities or indentures) providing for revolving credit loans, term loans, letters of credit or other long-term indebtedness, including any notes, mortgages, guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements or refundings thereof and any indentures or credit facilities or commercial paper facilities that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount permitted to be borrowed thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, lender or group of lenders.

  • standard term sheet has the meaning ascribed thereto in NI 41-101;

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Exit Plan means the exit management plan developed by the Contractor and approved by the Authority in accordance with Clause 44 (Exit Management).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Bridge Facility means the Commitments and any Advances made thereunder.