Exit Financing Commitment Letter definition

Exit Financing Commitment Letter means the commitment letter to be agreed by the parties thereto, which shall be acceptable in form and substance to the Company, the Supporting Noteholder, DIP Lender, and DIP Agent, each in its respective sole discretion.
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Exit Financing Commitment Letter means that certain commitment letter from the Exit Financing Lender to the Debtor attached hereto as Exhibit A, pursuant to the terms of which the Exit Financing Lender has agreed to make the Exit Financing available to the Debtor and the Reorganized Debtor.
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Exit Financing Commitment Letter means the commitment letter for the Exit Financing, which was approved by the Exit Financing Commitment Letter Order.
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Examples of Exit Financing Commitment Letter in a sentence

  • This consensual agreement is reflected in the modified Plan Term Sheet filed with the Bankruptcy Court on December 4, 2015 and which was attached to the Exit Financing Commitment Letter approved by the Bankruptcy Court by order dated December 4, 2015 [Docket No. 2636].

  • As described on Exhibit A to the Exit Financing Commitment Letter, the Senior Secured Notes will be secured by a first priority lien on all of the domestic Reorganized Debtors’ assets, including all intercompany notes and the equity in any such Reorganized Debtors’ domestic subsidiaries and certain foreign subsidiaries, provided that the collateral securing such lien will not include equity interests representing more than 65% of the total combined voting power of any such subsidiary.

  • As discussed below, the Exit Lenders' commitment to provide the Exit Facilities to the Debtors is conditioned upon the Court's approval of the various fees and expenses provided for under the Exit Financing Commitment Letter.

  • Additionally, the Debtors have agreed in the Exit Financing Commitment Letter to pay the Exit Lenders a fee in the amount of the Underwriting Fees in the event the Debtors consummate an alternative financing transaction (the "Alternate Transaction Fee").

  • Pursuant to the terms of the Exit Financing Commitment Letter, DB has committed to provide the Debtors with the Exit Financing in an aggregate amount of up to $230 million in connection with the Debtors' emergence from chapter 11 and to act as administrative agent for the facility.

  • Slack (1989, 207) concludes that after 1620 the system worked to minimize outright starvation, what he terms Deep Year Price Rise Mortality Year Price Rise Mortality 15490.4927.916470.3424.915500.4527.916560.433815550.3242.516800.3438.915560.4153.916920.3630.215740.3422.517090.5528.515810.3722.117280.344.715860.3328.617400.3236.715940.3724.117570.3527.416080.3628.918000.4928.116220.3130.3 Years with rises in wheat prices of at least 30 per cent, and the maximum crude death rate in the following two years.

  • As described on Exhibit A to the Exit Financing Commitment Letter, the Preferred Stock will be issued by Reorganized GT Inc.

  • The calculation result of Epotential is about 4674 GWh for each year, whichaccounts for 10.7% of the total electricity use in Hong Kong in 2014 [5].

  • Pursuant to the Motion of the Debtors and Debtors in Possession for Entry of an Order (I) Authorizing the Debtors to (A) Enter Into Exit Financing Commitment Letter and Related Agreements and (B) Incur and Pay Certain Related Fees and/or Premiums, Indemnities, Costs, and Expenses; and (II) Granting Related Relief [Docket No. 481] (the “Commitment Documents Approval Motion”), on August 10, 2018, the Debtors sought authorization to enter into the Commitment Documents.

  • The Supporting Secured Noteholder agrees to work in good faith to negotiate and execute the Exit Financing Commitment Letter.


More Definitions of Exit Financing Commitment Letter

Exit Financing Commitment Letter means the commitment letter for the Exit
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Exit Financing Commitment Letter means the commitment letter to be
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Exit Financing Commitment Letter means the commitment letter to beagreed by the Company and the Exit Facility Lender, which shall be acceptable in form and substance thereto, each in its respective sole discretion. For the avoidance of doubt, the Exit Financing Commitment Letter constitutes an Exit Facility Document.
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Exit Financing Commitment Letter means the letter attached hereto as Exhibit 1.39.
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Related to Exit Financing Commitment Letter

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Equity Commitment Letter has the meaning set forth in Section 5.5(a).

  • Debt Commitment Letter has the meaning set forth in Section 6.6.

  • Commitment Letters has the meaning set forth in Section 4.5.

  • Commitment Letter has the meaning set forth in Section 5.7.

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a), as supplemented by Section 6.11, as applicable.

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

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Debt Financing has the meaning set forth in Section 5.7.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Exit Financing means the financing under the Exit Facility.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Debt Financing Sources means the financial institutions identified in the Debt Financing Commitment Letters, together with each other Person that commits to provide or otherwise provides the Debt Financing, whether by joinder to the Debt Financing Commitment Letters or otherwise.

  • 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.

  • Debt Financing Documents means the agreements, documents and certificates contemplated by the Financing, including all credit agreements, loan documents, purchase agreements, underwriting agreements, indentures, debentures and notes pursuant to which the Financing will be governed or contemplated by the Debt Commitment Letter.

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

  • Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

  • 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.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Backstop Agreement has the meaning set forth in the recitals to this Agreement.

  • 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.