New Exit Term Facility definition

New Exit Term Facility means the term loan facility or notes arising under the New Exit Facility in an aggregate principal amount up to $2,500 million and as otherwise described in Article IV.D.1 of this Plan.
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Examples of New Exit Term Facility in a sentence

  • Each holder of an Allowed Midwest Notes Claim shall receive its Pro Rata share of the Midwest Notes New Exit Term Facility, the principal amount of which shall be $100 million, plus any interest and fees due and owing under the Midwest Notes Indenture and/or the Final DIP Order to the extent unpaid as of the Effective Date, and any additional Midwest Notes OID Consideration.

  • The Midwest Notes New Exit Term Facility will rank pari passu with, and be secured on the same terms as, the other Required Exit Term Facility, and have the same terms as, and be fungible in all respects with, the other Required Exit Term Facility.

  • To the extent that the Required Exit Term Facility is issued with an original issue discount, then holders of Midwest Notes Claims will receive Midwest Notes OID Consideration, either in the form of cash or additional Midwest Notes New Exit Term Facility corresponding to such original issue discount.

  • Progress in relation to the world of work was key and, in that connection, education was essential, with university and vocational training representing pivotal opportunities for societies to promote a culture in favour of gender equality, with the acceptance that housework should be shared between men and women and that a support structure was needed for the provision of family care.

  • The First Lien Replacement Term Loans, as applicable, will rank pari passu with and secured on substantially the same terms as the New Exit Term Facility and have the same terms as the New Exit Term Facility or such other terms as agreed by the Requisite Backstop Parties and the Debtors.On the Effective Date, the net cash proceeds of the remaining Required Exit Term Facility (and other cash on hand held by the Debtors as of the Effective Date) will be: a.

  • Article V.E of the Plan provides that on the Effective Date, the Reorganized Debtors will be authorized to enter into a New Exit Term Facility.

Related to New Exit Term Facility

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Replacement Term Loans shall have the meaning provided in Section 13.1.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Refinancing Term Commitments means one or more Classes of Term Commitments hereunder that are established to fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.