Exit Term Loan Agreement definition

Exit Term Loan Agreement means the Amended and Restated Credit Agreement dated as of May 5, 2023, among the Corporation, Reorganized Invacare, the lenders party thereto, Cantor Fitzgerald Securities, as Administrative Agent, and GLAS Trust Company LLC, as Collateral Agent, as from time to time amended in compliance with the provisions thereof.
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Exit Term Loan Agreement means that certain credit agreement with respect to the Exit Term Loan Facility to be entered into on the Effective Date by and among the Reorganized Debtors and the agent(s) and lenders party thereto.
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Exit Term Loan Agreement means that certain Senior Secured Exit Term Loan Facility, dated as of the Exit Facility Conversion Date, among Holdings, Intermediate Holdings, the U.S. Borrower, the lenders party thereto, and JPMCB, as the administrative agent.
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Examples of Exit Term Loan Agreement in a sentence

  • On the Effective Date, documentation evidencing the First Out Exit Facilities and the Second Out Exit Term Loan shall be executed and delivered, and the Reorganized Debtors shall be authorized to execute, deliver, and enter into and perform under the First Out Exit Facilities and the Second Out Exit Term Loan Agreement without the need for any further corporate action and without further action by the holders of Claims or Interests.

  • The obligations incurred by the Reorganized Debtors pursuant to the Exit ABL Facility (including any letters of credit deemed issued thereunder in accordance with Article 2.3 or 2.4 of the Plan), the Exit Term Loan Facility, and related documents shall be secured and paid or otherwise satisfied pursuant to, and as set forth in, the Exit ABL Agreement, the Exit Term Loan Agreement, and related documents.

  • Notwithstanding anything contained in the Plan to the contrary, the foregoing release does not release (i) acts of fraud, gross negligence, or willful misconduct; or (ii) any obligations of any party under the Plan or any document, instrument, or agreement (including those set forth in the Exit ABL Agreement, Exit Term Loan Agreement, the New Constituent Documents, and the Plan Supplement) executed to implement the Plan.

  • On the Effective Date, in exchange for the full and complete settlement, release, and discharge of such Claims, all Term Loan Claims shall be satisfied in full through the proceeds made available under the Exit Term Loan Agreement.

  • Notwithstanding anything contained in the Plan to the contrary, the foregoing release does not release any obligations of any party under the Plan or any document, instrument, or agreement (including those set forth in the Exit ABL Agreement, the Exit Term Loan Agreement, the New Constituent Documents, and the Plan Supplement) executed to implement the Plan.

  • Upon diligent inquiry, the Reorganization Plan Debtors have determined that the Exit Financing comprised of the First Out exit Facilities and the Second Out Exit Term Loan Agreement are the best financing alternatives available to the Reorganization Plan Debtors.

  • The execution, delivery, or performance by the Reorganization Plan Debtors or Reorganized Debtors, as the case may be, of any documents in connection with the Exit Financing, in accordance with the First Out Exit Facilities and the Second Out Exit Term Loan Agreement, as applicable, and compliance by the Reorganization Plan Debtors or Reorganized Debtors, as the case may be, with the terms thereofis authorized by, and will not conflict with, the terms of the Reorganization Plan or this Confirmation Order.

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  • The terms and conditions of the First Out Exit Facilities and the Second Out Exit Term Loan Agreement, and all exhibits thereto, as set forth in the Plan Supplement are fair and reasonable, reflect the Reorganization Plan Debtors’ exercise of prudent business judgment consistent with their fiduciary duties, are supported by reasonably equivalent value and fair consideration, and are in the best interests of the Reorganization Plan Debtors’ Estates and their creditors.

  • The obligations incurred by the Reorganized Debtors pursuant to the Exit ABL Facility (including any letters of credit deemed issued thereunder in accordance with Article 2.3 or 2.4), the Exit Term Loan Facility, and related documents shall be secured and paid or otherwise satisfied pursuant to, and as set forth in, the Exit ABL Agreement, the Exit Term Loan Agreement, and related documents.


More Definitions of Exit Term Loan Agreement

Exit Term Loan Agreement means the definitive credit agreement governing the Exit Term Loan Facility, a form of which shall be included in the Plan Supplement and which shall be consistent in all respects with the Restructuring Support Agreement and the consent rights thereunder.
Sample 1
Exit Term Loan Agreement means the Amended and Restated Credit Agreement dated as of May 5, 2023, among the Corporation, Reorganized Invacare, the lenders party thereto, Cantor Xxxxxxxxxx Securities, as Administrative Agent, and GLAS Trust Company LLC, as Collateral Agent, as from time to time amended in compliance with the provisions thereof.
Sample 1

Related to Exit Term Loan Agreement

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Existing Term Loan Agreement has the meaning set forth in the recitals hereto.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche B Term Loan as defined in Section 2.1.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).