New First Lien Exit Facility definition

New First Lien Exit Facility means the new first lien credit facility on the terms set forth in the New First Lien Exit Facility Documents.
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Examples of New First Lien Exit Facility in a sentence

  • Prepayment Prepayable in whole or in part at any time at par plus accrued interest (including upon the sale of the collateral referred to below) following repayment of the New First Lien Exit Facility.

  • Claims On the Effective Date, in full satisfaction of each Allowed First Lien Credit Agreement Claim, each Holder thereof shall receive participation in its Pro Rata share of the New First Lien Exit Facility in the amount of $425 million and $35 million of cash (except that all hedging agreements entered into by Lenders under the First Lien Credit Agreement prior to the Petition Date shall remain in place).

  • The issuance of all securities in connection with the Plan, including the New Common Stock, the New First Lien Exit Facility, the New Convertible Debt, the Rights, the Warrants, and the New Building Note (each as applicable) will be exempt from SEC registration to the fullest extent permitted by law.

  • New First Lien Exit Facility The new first lien credit facility shall have the terms set forth in Exhibit C.