Examples of Exit Financing Lender in a sentence
In recognition of the soft commercial real estate market, the Exit Financing Lender has provided the Debtors with “breathing room” in the form of pricing and amortization relief through December 31, 2009, to allow Reorganized Smitty’s adequate time to market and sell the Alexandria Property.
The Post-Effective Date Committee shall serve as an advisor to the Distribution Trust and shall consist of three (3) members, including one representative each from the (i) Reorganized Debtors, (ii) Exit Financing Lender, and (iii) the Committee.
As of the Effective Date, the CDD, as the Holder of the Allowed Secured CDD O&M Claim in this Class 3D, shall receive (1) an amount equal to 100% of such Allowed Class 3D Claim in Cash, or (2) such other treatment as otherwise authorized by the Bankruptcy Code or agreed to by the Debtor or the Reorganized Debtor and the CDD prior to the Confirmation Date, with the consent of the Exit Financing Lender.
Each Holder of an Allowed Secured Real Estate Tax Claim in Class 2A shall receive (i) an amount equal to 100% of such Allowed Secured Real Estate Tax Claim in Cash, or (ii) as otherwise authorized by the Bankruptcy Code or agreed to by the Debtor or the Reorganized Debtor and each such Holder prior to the Confirmation Date, with the consent of the Exit Financing Lender.
Each Holder of an Allowed Secured Real Estate Tax Claim in Class 2B shall receive (i) an amount equal to 100% of such Allowed Secured Real Estate Tax Claim in Cash, or (ii) as otherwise authorized by the Bankruptcy Code or agreed to by the Debtor or the Reorganized Debtor and each such Holder prior to the Confirmation Date, with the consent of the Exit Financing Lender.
The Exit Financing Lender will provide new loans to Reorganized Smitty’s on terms acceptable to the Debtors.
Notwithstanding the foregoing, each Holder of an Allowed Priority Claim may be paid under such other terms as may be agreed upon by both the Holder of such Allowed Priority Claim and the Debtor or Reorganized Debtor, as the case may be, with the consent of the Exit Financing Lender.
The Exit Financing Lender will retain all of the existing pre-Effective Date liens and security interests until the Exit Financing obligations are paid in full, and the pre- Effective Date documents creating such liens and security interests will be deemed modified by the Exit Financing documents.
Any proposed settlement of any Bankruptcy Cause of Action, Contingent Asset action or any other matter shall be communicated to the designee of the Reorganized Debtor and the designee of the Exit Financing Lender.
The Exit Financing Lender will amend and restate the Pre-Effective Date Lender Secured Claim to Reorganized Smitty’s on terms acceptable to the Debtors and the Exit Financing Lender.