Exit Funding definition

Exit Funding means $750,000.00, funded $375,000.00 on the Effective Date and

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Exit Funding means the funds advanced by the Plan Funders under the Plan Funding Agreement attached to the Disclosure Statement, which will include the DIP Facility.

Exit Funding means sufficient Cash, funded first from the proceeds of the DIP Facility, to the extent the Debtors’ ability to borrow thereunder has not been exhausted, and then from the proceeds of the Initial Preferred Stock Consideration, to fund all transactions necessary to implement the Plan and for the Effective Date to occur, including payment in full of all Allowed Other Secured Claims, Allowed Priority Non-Tax Claims, Allowed Priority Tax Claims, and Allowed Administrative Claims (including Allowed Fee Claims to the extent not already satisfied from amounts held in the Professional Fee Escrow Account, and United States Trustee Fee Claims), as well as any outstanding WSFS Fees, but specifically excluding any amounts necessary to pay those amounts set forth on the GUC Schedule.

Examples of Exit Funding in a sentence

Notwithstanding the foregoing, the Borrower may create, incur, assume or suffer to exist obligations with regard to $95,000,000 1999C Bonds and $18,000,000 1999D Bonds under the Exit Funding Agreement.
Except as disclosed in the financial statements referred to in Section 3.06 hereof and for matters covered by, or referred to in, the Exit Funding Agreement, since September 24, 1999, there has been no material adverse change in the business, operations, properties, assets or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole.
Exit Funding Payments are payable by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Corporation under the Exit Funding Agreement between ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Corporation and the Trustee, dated as of October 15, 1999 and effective as of the Initial Exchange Date.
A default under this Continuing Disclosure Covenant shall not be deemed an Event of Default under the Second Amended Indenture or the Exit Funding Agreement, and the sole remedy under this Continuing Disclosure Covenant in the event of any failure of FWC or the Trustee to comply with this Continuing Disclosure Covenant shall be an action to compel performance.
Upon the Effective Date and transfer of the Exit Funding to the Plan Administrator, SITO Mobile, Ltd.

More Definitions of Exit Funding

Exit Funding means the Real Property Loan, the A/R Loan, or such other equivalent

Exit Funding means the funding provided by the Exit Funder, through the form of a credit facility, to Reorganized DTVLA on and after the Effective Date, which funding shall be evidenced by the Exit Funding Documents.

Exit Funding means, collectively, (i) Cash in an amount to be funded by the Proponents on or prior to the Effective Date that is sufficient to fund the Plan, (ii) the release of the Marriott Secured and Unsecured Claims, and (iii) any existing Estate Assets.

Exit Funding. The commitment of the Exit Funder to provide financing in an amount of up to $8186 million less the principal amount outstanding under the DIP Facility as of the Effective Date on the terms set forth in the Equity Commitment Agreement, substantially in the form annexed as Schedule 4 to the Plan, to be entered into as of the Effective Date.

Exit Funding means a grant from Vermont to the Debtor in the amount of $2,000,000.00

Exit Funding means the funding to be provided by the Plan Sponsor

Exit Funding means the RCB Financing, the A/R Loan, or such other equivalent