Exit FILO Facility definition

Exit FILO Facility means the $125 million first-in last-out facility under the Exit ABL Facility.
Sample 1Sample 2Sample 3
Exit FILO Facility means the new money “first-in-last-out” term loan facility in the principal amount of $300,000,000 provided for under the Exit FILO Facility Documents.
Sample 1Sample 2
Exit FILO Facility means a new senior secured first-in, last out term loan facility, which shall be (a) in an aggregate principal amount and on terms to be set forth in the Exit FILO Facility Documents and (b) in all respects in form and substance acceptable to the Debtors and the Required Consenting BrandCo Lenders.
Sample 1Sample 2

Examples of Exit FILO Facility in a sentence

  • All amounts necessary for the Debtors, Wind-Down Debtors, OpCo Purchaser, and the PropCo Purchaser, as applicable, to make payments or distributions pursuant hereto shall be, in each case subject to the terms of the Asset Purchase Agreement and the Sale Order) obtained from the proceeds of the Exit ABL Facility, the Exit FILO Facility, Cash of the Debtors, and the OpCo-Company Cash Payment.

  • On the Effective Date, the Reorganized Debtors or their non-Debtor Affiliates, as applicable, shall enter into the applicable Exit Facilities Documents for (a) either (i) the First Lien Exit Facilities, consisting of the Take-Back Facility and the Incremental New Money Facility, or (ii) the Third-Party New Money Exit Facility, (b) the Exit ABL Facility, (c) the Exit FILO Facility, and (d) unless otherwise agreed to by the Debtors and the Required Consenting BrandCo Lenders, the New Foreign Facility.

  • All amounts necessary for the Debtors, Wind-Down Debtors, OpCo Purchaser, and the PropCo Purchaser, as applicable, to make payments or distributions pursuant to the Plan shall be, in each case subject to the terms of the Asset Purchase Agreement and the Sale Order, obtained from the proceeds of the Exit ABL Facility, the Exit FILO Facility, Cash of the Debtors, and the OpCo-Company Cash Payment.


More Definitions of Exit FILO Facility

Exit FILO Facility means the new money “first-in-last-out” loan facility in the principal amount of $[ ] provided for under the Exit FILO Facility Documents.
Sample 1

Related to Exit FILO 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.

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

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • Exit Financing means the financing under the Exit Facility.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

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

  • Triage facility means a short-term facility or a portion

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Major facility means any facility or activity classified as such by the regional administrator in conjunction with the board.

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

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

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

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • 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, UCC financing statements or other perfection documents, intercreditor agreements, subordination agreements, fee letters, and other security documents.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Total Facility has the meaning specified in Section 1.1.

  • 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.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Exit Load means Load on repurchase/Redemption of Units.