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.