Examples of Exit Revolving Credit Agreement in a sentence
Nevertheless, in exploring a single case the authors align with a growing trend in academy that recognizes that the single case may promote reflection and generate useful theory (Flyvbjerg, 2006; Eisenhardt & Graebner, 2007).
Holdings, the Borrowers, the Subsidiary Guarantors (as defined therein), Citibank, N.A., as administrative agent (“Administrative Agent”), the Collateral Agent, each of the Lenders party thereto and the other parties thereto entered into a Superpriority Senior Secured Debtor-in-Possession and Exit Revolving Credit Agreement dated as of May 22, 2012 (the “Existing Credit Agreement”) pursuant to which the lenders thereto extended certain credit facilities to the Borrowers.
Our total capacity for borrowings under the Exit RCF will not be impacted by the resignation of Wells Fargo and remains at $400.0 million, subject to the terms and conditions of the Exit Revolving Credit Agreement.
At June 30, 2023, we were in compliance with all covenants under the Exit Revolving Credit Agreement and other Exit Debt.
An unexpected corollary of the groundbreaking diagram in Fig- ure 2 is that Mars is located in the Ha-Beer-Table Zone.
Under the Plan, notwithstanding anything to the contrary in Article XI therein, the Exit Revolving Facility, the Exit Revolving Credit Agreement and the Exit Second Lien Facility (and all related loan documents) shall be governed by the jurisdictional provisions therein and the Court shall not retain jurisdiction for matters under those agreements.
Exit Revolving Credit AgreementOn April 23, 2021, we entered into a senior secured revolving credit agreement (or the Exit Revolving Credit Agreement), which provides for a $400.0 million senior secured revolving credit facility and also provided for certain lenders (or the LC Lenders) to issue up to $100.0 million of letters of credit thereunder (or the Exit RCF).
On June 13, 2023, Wells Fargo Bank, National Association (or Wells Fargo) gave notice of its resignation (or the Notice of Resignation) as Collateral Agent, Administrative Agent and Issuing Lender (as such terms are defined in the Exit Revolving Credit Agreement) under the Exit Revolving Credit Agreement.
Board and executive management for Hertz Corp.; (vii) Schedule of Retained Causes of Action; (viii) the MIP Incentive Plan; (ix) the Exit Term Loan Credit Agreement; (x) the Exit Revolving Credit Agreement; (xi) the Collective Bargaining Agreement Schedule; (xii) the ADR Procedures; (xiii) the GUC Settlement Procedures; (xiv) Documents Governing the Preferred Stock; (xv) the Registration Rights Agreement; and (xvi) HVF II Refinancing Steps Document.
At June 30, 2023 and December 31, 2022, the carrying value of our long-term debt (or Exit Debt), net of unamortized discount, premium and debt issuance costs, was comprised as follows (in thousands): The Exit Revolving Credit Agreement (as defined below) obligates Diamond Offshore Drilling, Inc., the borrower thereunder and their respective restricted subsidiaries to comply with certain financial maintenance covenants as specified in the Exit Revolving Credit Agreement.