Fuel Line Loans definition

Fuel Line Loans means the loans or advances made under the Fuel Line Facilities.
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Fuel Line Loans means the Citibank Credit Agreement and the Scotiabank Credit Agreement and any loans or advances made to PREPA pursuant to either agreement.
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Examples of Fuel Line Loans in a sentence

  • The Financial Oversight and Management Board for Puerto Rico, et al., Case No. 19-00396-LTS, currently pending in the Title III Court, in which the lenders of the Fuel Line Loans asserted, among other things, that the Fuel Line Loans constitute “Current Expenses” under the Trust Agreement and have priority over PREPA’s bondholders.

  • Communications with representatives of PREPA bondholders and/or the Government Parties concerning the Fuel Line Loans, Fuel Line Lenders and/or payment of Current Expenses on or after July 30, 2018.

  • The need for renewable energy and landscape protection are equally encouraged through national and local planning policy guidance and therefore may come into conflict.

  • Solus also agrees with the Oversight Board and AAFAF that any loans extended under the DIP Facility constitute Current Expenses under the Trust Agreement similar to PREPA’s other working capital expenses, including the Fuel Line Loans (as defined below).STATEMENT 1.

  • All Documents relating to the treatment of the Fuel Line Loans or Fuel Line Lenders under the Definitive RSA, under any Plan of adjustment contemplated to be filed in connection with the Definitive RSA, or the effect of the Definitive RSA on the Fuel Line Loans or the Fuel Line Lenders.

  • Finally, because the DIP Facility proceeds (like the Fuel Line Facilities) will be used exclusively for working capital expenses, Solus agrees with PREPA, AAFAF and the Oversight Board that the loans extended under the DIP Facility are Current Expenses and should benefit from the priorities afforded all Current Expenses under the Trust Agreement, including the Fuel Line Loans.

  • All Communications since the Petition Date with any of (i) the Ad Hoc Group or any of its members, (ii) Assured, (iii) National and/or (iv) Syncora regarding the Fuel Line Loans, including all Communications regarding the status of the Fuel Line Loans as Current Expenses or the payment priorities between the Fuel Line Lenders and the Bondholders.

  • Instead, the Fuel Line Lenders theorize that such rights arose as a result of an alleged “course of dealing by which the Government Parties, [the PREPA Bond Trustee], Citibank, and the Fuel Line Lenders recognized and affirmed the Current Expense treatment and priority of the Fuel Line Loans through, among other things, offering documents, credit agreements, credit approval memos, bond indentures, and government resolutions.” (Opp.

  • All Communications prior to the Petition Date with any of (i) the Ad Hoc Group or any of its members, (ii) Assured, (iii) National and/or (iv) Syncora regarding the Fuel Line Loans, including all Communications regarding the status of the Fuel Line Loans as Current Expenses and the treatment or priority afforded to the Fuel Lien Loans under prior restructuring support agreements (including the Restructuring Support Agreement dated as of November 5, 2015).

  • Their relevancy argument is premised entirely on their claim that an agreement exists pursuant to which the payment of the PREPA Bonds has been subordinated to the Fuel Line Loans.

Related to Fuel Line Loans

  • Swing Line Loans as defined in Section 2.6.

  • Swingline Loans as defined in Section 2.6.

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Swing Line Loan has the meaning specified in Section 2.04(a).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Loan Availability means at any time the lesser of (a) the Revolving Loan Commitment or (b) the Borrowing Base Amount.

  • Swing Line Advance has the meaning ascribed to it in Section 1.1(c)(i).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).