First Lien Term Loan Claim definition

First Lien Term Loan Claim means any Claim held by the First Lien Term Loan Administrative Agents, any First Lien Term Loan Lender or any other Secured Party (as defined in the First Lien Term Loan Credit Documents) arising under, derived from or based upon the First Lien Term Loan Credit Documents, including Claims for all principal amounts outstanding and accrued and unpaid interest, fees, expenses, costs, indemnification and other amounts arising under or related to the First Lien Term Loan Credit Documents.

First Lien Term Loan Claim means any and all Claims arising under, derived from, or based upon the First Lien Loan Credit Agreement or any other agreement, instrument, or document executed at any time in connection therewith including, without limitation, all Obligations (as defined in the First Lien Term Loan Credit Agreement).

First Lien Term Loan Claim means any Claim on account of a First Lien Term Loan. “First Lien Term Loan” means any loan outstanding under the First Lien Term LoanCredit Agreement.

Examples of First Lien Term Loan Claim in a sentence

• Each holder of a First Lien Term Loan Claim will be entitled to vote to accept or reject the Plan.

• Each Holder of an Allowed First Lien Term Loan Claim shall receive, in full and final satisfaction of such Claim, its Pro Rata share of (i) 95.75% of the New Common Stock issued pursuant to the Plan on the Effective Date, subject to dilution on account of the Management Incentive Plan and (ii) the New Term Loans.

• On the Effective Date, each 2023 Stub First Lien Term Loan Claim shall be extinguished, cancelled and discharged, and Holders thereof shall receive no distributions from the Dutch Scheme Parties in respect of such 2023 Stub First Lien Term Loan Claims; provided, that, it is recognized that, under the U.S. Plan, each Holder of a 2023 Stub First Lien Term Loan Claim shall receive a share of the First Lien Claims Recovery as set forth in the U.S. Plan.

• On the Effective Date, the First Lien Term Loan Claims shall be Allowed in the aggregate principal amount of $282 million, plus accrued and unpaid interest on such principal amount through the Effective Date and other amounts due and owing under the First Lien Term Loan Credit Agreement, subject to the terms of the DIP Orders, which for the avoidance of doubt does not include adequate protection claims to any Holder of an Allowed First Lien Term Loan Claim.

• Each Holder of an Allowed Class 6 First Lien Term Loan Claim who elects the First Lien Term Loan Equity Election shall receive its Plan distribution in New Common Units and Rights (i) from the Debtors on the Effective Date or (ii) from the Purchaser as soon as reasonably practicable after the Effective Date.

More Definitions of First Lien Term Loan Claim

First Lien Term Loan Claim means all Claims against any Debtor arising under, derived from, or based upon the First Lien Term Loan Agreement.

First Lien Term Loan Claim means any Claim or Cause of Action derived from, based upon, or arising under the “Term Loan Facility” as that term is defined in the First Lien Credit Agreement.

First Lien Term Loan Claim means any Claim against any of the Debtors arising out of or related to the First Lien Term Loan.

First Lien Term Loan Claim means claims arising under the First Lien Term Loan Credit Agreement.

First Lien Term Loan Claim means any Claim against any Debtor arising under or related to the First Lien Term Loan.

First Lien Term Loan Claim means any Claim against a Debtor (i) in respect of a First Lien Term Loan advanced to the Debtors under the First Lien Credit Agreement or (ii) evidenced by a Secured Swap Agreement not subject to an Interest Rate Hedge Waiver.

First Lien Term Loan Claim means any Claim arising under the First Lien Term Loan Facility.