First Out Loans definition

First Out Loans means, collectively, the Bankruptcy Preparation Overadvance, the Bridge Facility Overadvance, and the loans made pursuant to the Prepetition Bridge Credit Agreement).
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First Out Loans mean any Loan structured as part of the First Out Tranche pursuant to Section
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Examples of First Out Loans in a sentence

  • The proceeds of (i) the Initial Loans shall be used in connection with the Transaction and (ii) the 2021 Loans and First Out Loans shall be used solely for working capital purposes.

  • The Prepetition Term Loan Facility and First Out Loans mature in 2020 and are secured by second-priority liens on substantially all of the Debtors’ assets.

  • As a result, on February 5, 2018, the Board unanimously approved an amendment to the Prepetition Term Loan Facility enabling the Debtors to borrow the First Out Loans.

  • The relative priorities of the First Lien First Out Loans, the First Lien Last OutNew Money Loans and the Junior Loans shall be as set forth in the DIP Order and Section 6.02.

  • Marital processes, neuroticism, and stress as risk factors for internalizing symptoms.

  • This data should be read in conjunction with, and is qualified in its entirety by reference to, ‘‘Management’s Discussion and Analysis of Financial Condition and Results of Operations’’ and the consolidated financial statements and accompanying notes included in ‘‘Exhibits and Financial Statement Schedules’’ of this Annual Report.

  • As of the Petition Date, the Debtors’ capital structure consisted of outstanding funded-debt obligations in the aggregate principal amount of approximately $760.77 million, consisting of the Prepetition ABL Facility, the First Out Loans, the Prepetition Term Loan Facility, the New FTF Inc.

  • Note is unsecured and subordinated to the Prepetition ABL Facility, First Out Loans, and the Prepetition Term Loan Facility.

  • Note, holders of the Prepetition ABL Facility, First Out Loans, and Prepetition Term Loan Facility must receive payment in full in cash before payments can be received under the New FTF Inc.

  • As of the Petition Date, the Debtors had approximately $424.2 million in principal outstanding under the Prepetition Term Loan Facility in addition to the $14 million in principal outstanding under the First Out Loans.


More Definitions of First Out Loans

First Out Loans has the meaning specified in Section 2.01(b).
Sample 1
First Out Loans means, collectively, the Bridge A Loans and the Bridge B Loans.
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Related to First Out Loans

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

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Bank Loans means debt obligations (including, without limitation, term loans, notes, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans, bridge loans and senior subordinated loans) which are generally documented under a loan or credit facility or pursuant to any loan agreement, note purchase agreement or other similar financing arrangement facility, whether or not syndicated.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Revolving Loans as defined in Section 2.4(a).

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility