New Credit Facilities definition

New Credit Facilities means (a) the ABL Facility, and (b) the Term Loan Facility.
New Credit Facilities means, collectively, the New First Lien Term Loan Facility, and the New Junior Lien Convertible Term Loan Facility.
New Credit Facilities means a revolving credit facility in the amount of up to $125 million, a term loan facility in the amount of $120 million and a $225 million standby letter of credit facility, each with the Chase Manhattan Bank, as agent, and the other lenders thereto.

Examples of New Credit Facilities in a sentence

  • The New Credit Facilities replaced the $25 million senior secured term credit facility with Sprott Resource Lending Corp.

  • The Company is restricted from paying cash to Legacy QKGI for the redemption of Redeemable Units if a balance remains outstanding under the New Credit Facilities.

  • The Debtors shall fund distributions under the Plan with Cash on hand and the proceeds of the New Credit Facilities, New Revolving Exit Facility, and the New Jason Equity.

  • The following principal repayments for the New Credit Facilities are required over the next 5 years.

  • On the Effective Date, the New Credit Facilities Documents shall constitute legal, valid, binding, and authorized obligations of the Reorganized Debtors, enforceable in accordance with their terms.


More Definitions of New Credit Facilities

New Credit Facilities means the proposed arrangements described in the letter agreement dated July 17, 2002 between Parent and Silicon Valley Bank, provided that the actual final arrangements are not materially different from such proposed arrangements;
New Credit Facilities means the First Lien Credit and Guaranty Agreement and the Second Lien Credit and Guaranty Agreement, each dated as of the date hereof, among the Corporation, as borrower, certain subsidiaries of the Corporation party thereto, as guarantor subsidiaries, the lenders party thereto and Wilmington Trust, National Association, as administrative agent and collateral agent.
New Credit Facilities means the Term Loan Agreement and the Revolving Credit Agreement.
New Credit Facilities means the 2020 Credit Facilities and New Senior Secured Credit Facility, each as will be in existence after the completion of the Debt Refinancing.
New Credit Facilities means the First Lien Credit Agreement together with the Second Lien Credit Agreement.
New Credit Facilities means the Credit Agreement to be entered into on or prior to the Merger Date, among GCA, Global Cash Access, Inc., as borrower, the financial institutions named therein, Bank of America, N.A., as administrative agent, letter of credit issuer and swing line lender, as amended, restated, supplemented, waived, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time to time, including any agreement or indenture extending the maturity thereof, refinancing, replacing or otherwise restructuring all or any portion of the Indebtedness under such agreement or agreements or indenture or indentures or any successor or replacement agreement or agreements or indenture or indentures or increasing the amount loaned or issued thereunder or altering the maturity thereof.
New Credit Facilities means the Operating Facility and Bridge Facility;