New Money Term Loan Purchase Event has the meaning specified in Section 4.5(a).
New Money Term Loan Purchase Event has the meaning specified in Section 4.5(a). “New Money Term Loan Purchase Price” has the meaning specified in Section 4.5(b). “New Money Term Loan Purchasing Parties” has the meaning specified in Section 4.5(a). 4 To be revised to reflect new order to be entered in connection with the revisions to the DIP Term Loan Facility. credit under the applicable Second Priority Documents have been terminated, (iii) there are no outstanding letters of credit or similar instruments issued under the applicable Second Priority Documents (other than such as have been cash collateralized or defeased or otherwise provided for in accordance with the terms of the applicable Second Priority Documents), and (iv) the Second Priority Representative with respect to such Common Collateral has delivered a written notice to the Third Priority Representative with respect to such Common Collateral stating that the events described in clauses (i), (ii) and (iii) have occurred to the satisfaction of the Second Priority Secured Parties with respect to such Common Collateral. For avoidance of doubt, a Refinancing of Second Priority Obligations with respect to any Type of Common Collateral that is permitted hereby (other than with the proceeds of DIP Financing following the Existing Chapter 11 Cases Emergence Date) shall not give rise to the Second Priority Obligations Payment Date with respect to such Common Collateral unless the terms thereof expressly so provide with reference to this Agreement.