Exit Facility Revolving Loans definition

Exit Facility Revolving Loans means first out revolving loans in an initial aggregate principal amount not to exceed the “Borrowing Base” (as defined in the Exit Facility Term Sheet) as in effect on the Effective Date in accordance with the Exit Facility Credit Agreement and the Plan.
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Exit Facility Revolving Loans means first out revolving loans under the Exit Revolving Facility that will be effectuated on the Effective Date in accordance with the Exit Facility Credit Agreement and the Plan.
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Exit Facility Revolving Loans means the loans to be provided to the Reorganized Debtors pursuant to the Exit Facility Credit Agreement.
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Examples of Exit Facility Revolving Loans in a sentence

  • The Exit Facility Revolving Loans shall be funded by the Exit Facility Lenders on a several and not joint basis.

  • The availability of the Exit Facility Revolving Loans shall be subject to the terms and conditions set forth in the Exit Facility Credit Agreement.

  • Exit Facility Loans means the Exit Facility Revolving Loans and the Exit Facility Term A Loans.

  • Exit Facility Revolving Loans means the first-priority, senior, secured revolving loans in the principal amount not to exceed the Exit Revolving Loan Commitment to be made available to the Reorganized Debtors under the Exit Facility and subject to the terms of the Exit Facility Credit Agreement, as and to the extent provided for in Article VI.

  • The ballot for Holders of RBL Claims includes an election to participate in the Exit Facility Revolving Loans.

  • To fund the Reorganized Debtors’ operations upon emergence from the Chapter 11 Cases, on the Effective Date the applicable Reorganized Debtors will enter into the Exit Facility, including any documents required in connection with the creation, continuation, or perfection of Liens in connection therewith.The RBL Agent is supportive of the Exit Facility Revolving Loans Term Sheet attached as Exhibit G to this Disclosure Statement.

  • To that end, the zoning code provides for a single-family house district but regulates “the number of square feet of lot area per family housed” in a single area district.

  • Any Holder of an RBL Claim that does not vote to accept the Plan (including by voting against the Plan or failing to timely return a ballot) or does not elect to participate in the Exit Facility Revolving Loans (including by not making any election with respect to the Exit Facility on the ballot) will receive only its pro rata share of the New Exit Facility Term Loan.IV.

  • The Debtors are also focused on preserving cash to fund operations upon emergence and to permit the Debtors to comply with the anticipated requirements under the Exit Facility Revolving Loans Term Sheet.14 Thus, the Debtors seek to minimize cash paid to unsecured creditors except as required to preserve important go-forward business relationships.

  • The RBL Agent is supportive of the Exit Facility Revolving Loans Term Sheet.


More Definitions of Exit Facility Revolving Loans

Exit Facility Revolving Loans means the first-priority, senior, secured revolving loans in the principal amount not to exceed the Exit Revolving Loan Commitment to be made available to the Reorganized Debtors under the Exit Facility and subject to the terms of the Exit Facility Credit Agreement, as and to the extent provided for in Article VI.
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Exit Facility Revolving Loans means all revolving loans made under and pursuant to the Exit Facility.
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Related to Exit Facility Revolving Loans

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • New Revolving Loans as defined in Section 2.25.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.7.

  • Refinancing Revolving Loans has the meaning assigned to such term in Section 2.26(a).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the Letter of Credit Usage.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Refinancing Revolving Credit Commitments shall have the meaning provided in Section 2.15(b)(i).

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).