Examples of First Lien Credit Agreement Lenders in a sentence
Pursuant to the Original First Lien Credit Agreement, the Original First Lien Credit Agreement Lenders have agreed to make certain loans and other financial accommodations to or for the benefit of the Original First Lien Borrower.
First Lien Credit Agreement The Fourth Amended and Restated Credit Agreement, dated as of June 10, 2015 (as amended from time to time), by and among: SandRidge, as the borrower; certain of SandRidge’s subsidiaries, as guarantors; the First Lien Credit Agreement Agent; and the First Lien Credit Agreement Lenders.
The Support of the Consenting First Lien Credit Agreement Lenders Is Subject to the Terms of the Restructuring Support Agreement Which Is Subject to Termination in Certain Circumstances.
Claims Subject to the requisite percentage of First Lien Credit Agreement Lenders executing the Restructuring Support Agreement and providing the Waiver by no later than May 11, 2016, immediately upon such execution and Waiver, the Debtors shall indefeasibly pay $40 million in cash to the First Lien Credit Agreement Lenders.
Pursuant to the Restructuring Support Agreement, the Consenting First Lien Credit Agreement Lenders have agreed to support the Restructuring Transactions set forth in the Plan.
First Lien Credit Agreement The Fourth Amended and Restated Credit Agreement, dated as of June 10, 2015 (as amended from time to time), by and among: XxxxXxxxx, as the borrower; certain of XxxxXxxxx’x subsidiaries, as guarantors; the First Lien Credit Agreement Agent; and the First Lien Credit Agreement Lenders.
For the avoidance of doubt, each Consenting First Lien Credit Agreement Lenders agrees that in the event the Designated Voluntary Prepayment is made by the Borrower, no such assignment shall be required or effective, it shall not deliver (or cause to be delivered) such Assignment and Assumption to the First Lien Administrative Agent and the applicable Assignment and Assumption shall be of no further force or effect.
Accordingly, the Restructuring Support Agreement may be terminated after the date of this Disclosure Statement, and such a termination would present a material risk to Confirmation and/or Consummation of the Plan because the Plan may no longer have the support of the Consenting First Lien Credit Agreement Lenders.
Paydown of First Lien Credit Agreement Claims Subject to the requisite percentage of First Lien Credit Agreement Lenders executing the Restructuring Support Agreement and providing the Waiver by no later than May 11, 2016, immediately upon such execution and Waiver, the Debtors shall indefeasibly pay $40 million in cash to the First Lien Credit Agreement Lenders.