Exit Term Loan Agent definition

Exit Term Loan Agent means the administrative agent under the Exit Term Loan Credit Agreement, solely in its capacity as such.

Exit Term Loan Agent means any agent under the Exit Term Loan Facility in accordance with the Exit Term Loan Documentation.

Exit Term Loan Agent means the agent under the Exit Term Loan Facility.

Examples of Exit Term Loan Agent in a sentence

• The Debtors, Reorganized Debtors, the DIP Agents, the DIP Lenders, the Prepetition ABL Agent, the Prepetition ABL Lenders, the Prepetition Term Loan Agent, the Prepetition Term Loan Lenders, the Exit ABL Agent, the Exit ABL Lenders, the Exit Term Loan Agent, the Exit Term Loan Lenders, the Owners, and each of their respective Representatives, shall be deemed to have acted in “good faith” under section 1125(e) of the Bankruptcy Code.

• The Debtors, Reorganized Debtors, the DIP Agents, the DIP Lenders, the Prepetition ABL Agent, the Prepetition ABL Lenders, the Prepetition Term Loan Agent, the Prepetition Term Loan Lenders, the Exit ABL Agent, the Exit ABL Lenders, the Exit Term Loan Agent, the Exit Term Loan Lenders, the Owners, and each oftheir respective Representatives, shall be deemed to have acted in “good faith” under section 1125(e) of the Bankruptcy Code.

• Simultaneously upon execution of the Exit ABL Credit Agreement (which may be on or after Effective Date), the Reorganized Debtors and the Exit Term Loan Agent shall enter into the New Intercreditor Agreement.

• There can be no assurance that the Exit Term Loan Agent will monitor, or that the Reorganized Debtors will inform the trustee or the Exit Term Loan Agent of, the future acquisition of property and rights that constitute Collateral, and that the necessary action will be taken to properly perfect the security interest in such after-acquired Collateral.

• The Exit Term Loan Agent has no obligation to monitor the acquisition of additional property or rights that constitute Collateral or the perfection of any security interests therein.

• Automatically upon the occurrence of and during the continuance of a payment or bankruptcy default or event of default under the Exit Term Loan Documents, and after written notice from the Exit Term Loan Agent or the Required Lenders (as defined below) upon the occurrence of and during the continuance of any other default or an event of default under the Exit Term Loan Documents, the Exit Term Loans will bear interest at an additional 2.0% per annum payable in cash.

• To be set forth in a separate fee letter agreement between the First Lien Exit Term Loan Agent and the Borrower.

• The Exit Term Loan Agent shall have valid, binding, and enforceable Liens on the collateral specified in, and to the extent required by, the Exit Term Loan Facility Documents.

More Definitions of Exit Term Loan Agent

Exit Term Loan Agent means Barclays Bank PLC as administrative agent, collateral agent and sole lead arranger.

Exit Term Loan Agent means the administrative and collateral agent under the Exit Term Loans, solely in its capacity as such.

Exit Term Loan Agent means, if the Litigation Proceeds Condition is not met, the administrative agent to be appointed in accordance with the Exit Term Loan Documents.

Exit Term Loan Agent means the administrative agent under the Exit Term Loan Facility, together with any successor administrative agent.