First Lien Revolving Loans definition

First Lien Revolving Loans means the “Revolving Loan” under and as defined in the First Lien Credit Agreement.

First Lien Revolving Loans shall have the meaning provided to the term “Revolving Loan” in the First Lien Credit Agreement and any modification, replacement, refinancing, refunding, renewal or extension thereof.

First Lien Revolving Loans means the revolving loans (including any swing line loans) from time to time outstanding under the First Lien Credit Agreement.

Examples of First Lien Revolving Loans in a sentence

• For the avoidance of doubt, all First Lien Revolving Loans outstanding as of the Petition Date shall have been repaid indefeasibly in full in accordance with the terms of the DIP Financing Agreement and the DIP Order, and shall be afforded the treatment provided for DIP Claims as set forth in Section 3.1 of the Plan.

• As of the date hereof, the Debtors have outstanding funded debt obligations in the aggregate principal amount of approximately $751.60 million, including the following: • approximately $89.5 million8 in principal amount outstanding under First Lien Revolving Loans, • approximately $518.78 million in principal amount outstanding under the First Lien Term Loans, and • approximately $143.31 million in principal amount outstanding under the Second Lien Credit Facility.

• Each Class of Credit Agreement Refinancing Indebtedness incurred under this Section 2.21 shall be in an aggregate principal amount that is (x) not less than $5,000,000 in the case of Other First Lien Term Loans or $5,000,000 in the case of Other First Lien Revolving Loans and (y) an integral multiple of $1,000,000 in excess thereof (in each case unless the Borrower and the First Lien Administrative Agent otherwise agree).

• The Borrower will use the proceeds of the Term Loans on the Closing Date, together with the proceeds of First Lien Revolving Loans on the Closing Date and the First Lien Term Loans to (a) pay a portion of the Aggregate Consideration and the Transaction Expenses and (b) refinance existing Indebtedness of the Borrower and its Subsidiaries and the Company and its subsidiaries (including accrued and unpaid interest and applicable premiums).

• For the avoidance of doubt, all First Lien Revolving Loans outstanding as of the Petition Date shall have been repaid indefeasibly in full in accordance with the terms of the DIP Financing Agreement and the DIP Order, and shall be afforded the treatment provided for DIP Claims as set forth in Section 3.1 of the Plan.(b) Voting: The First Lien Lender Claims are impaired Claims.

More Definitions of First Lien Revolving Loans

First Lien Revolving Loans means the “Revolving Loans” as that term is defined in the Original First Lien Credit Agreement or any comparable term in any successor First Lien Credit Agreement and any other revolving loans made under the Original First Lien Credit Agreement or any successor First Lien Credit Agreement.

First Lien Revolving Loans means, collectively, the ‘Revolving Loans’ as such term is defined in the First Lien Loan Agreement.

First Lien Revolving Loans means the revolving loans in an aggregate principal amount of up to $15,000,000 made to the Borrower from time to time pursuant to the First Lien Credit Agreement.

First Lien Revolving Loans means the “Revolving Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

First Lien Revolving Loans means (a) the U.S. Revolving Loans and (b) the Canadian Revolving Loans, in each case, made at any time and from time to time during the term of and pursuant to the First Lien Financing Agreement, in the outstanding aggregate principal amount as of February 24, 2017 of $37,000,000.

First Lien Revolving Loans means the revolving loans borrowed and letters of credit issued (solely to the extent not rolled up into DIP Revolving Loan Claims) under, and on the terms set forth in, the First Lien Credit Agreement; provided, for the avoidance of doubt, that in no event shall the First Lien Revolving Loan Claims and the DIP Revolving Loan Claims be deemed to be outstanding simultaneously, nor shall they both counted together for the same purpose for any reason under the Restructuring Support Agreement or the Plan.​

First Lien Revolving Loans means the revolving loans made pursuant to the First-Lien Credit Agreement.