New Revolver definition

New Revolver means that certain post-consummation revolving credit exit facility, which shall assume all borrowings and extensions of credit under the DIP Facility on the Effective Date. The terms of the New Revolver shall be contained in the Plan Supplement.

New Revolver means a new revolving credit facility of the Debtor providing for borrowings of at least $50,000,000 provided by the New Revolving Lenders in

New Revolver means that certain Credit and Guaranty Agreement, dated as of October 17, 2017, among the Issuer, TerraForm Power, LLC, the Guarantors, HSBC Bank USA, National Association, as administrative agent and collateral agent, and the other financial institutions party thereto, as amended, restated, supplemented, modified or replaced from time to time.

Examples of New Revolver in a sentence

• If any of the conditions referenced above are not met and, as a result, the DIP Credit Agreement does not convert into the New Revolver, FairPoint intends to obtain a new revolving credit facility.

• In accordance with Section 8.2 of the Plan, Reorganized FairPoint’s entry into the New Term Loan and New Revolver, and the incurrence of the indebtedness thereunder, on the Effective Date will be authorized without the need for any further corporate action and without any further action by holders of Claims or Old Equity Interests.

• Documents evidencing the New Term Loan and the New Revolver will be filed by FairPoint with the Plan Supplement.

• Except as otherwise provided herein or in the Confirmation Order, all Cash required for the payments to be made hereunder shall be obtained from the Debtors’ and the Reorganized Debtors’ operations, Cash on hand, the New Revolver Facility, New First Lien Financing, and that portion, if any, of the New Second Lien Financing that is issued for Cash.

• In June 2018, we entered into an $800.0 credit agreement with Bank of America, N.A., as Administrative Agent, and the other lenders party thereto (New Credit Facility), which provides for a $350.0 term loan (June Term Loan) that matures in June 2025, and a $450.0 revolving credit facility (New Revolver) that matures in June 2023.

More Definitions of New Revolver

New Revolver means that certain post-consummation revolving credit exit facility to be made available pursuant to the New Credit Agreement in the amount of seventy-five million dollars ($75,000,000) on the Effective Date, which shall be used to refinance FairPoint’s obligations under the DIP Facility on the Effective Date and shall be otherwise available for general corporate purposes after the Effective Date.

New Revolver means that certain post-consummation revolving credit

New Revolver means that certain revolving credit facility for up to $500 million of availability, which may be increased to $750 million with the consent of the Required Consenting Jackson Crossover Group Members, to be issued pursuant to the Plan and the New Debt Documents, and which will be secured by a first lien on substantially all of the Reorganized Debtors’ assets (pari passu with the other first lien New Debt), subject to customary exclusions, which may be issued on a first out basis relative to all other secured New Debt at the election of the Company Parties.

New Revolver means a credit facility for working capital in an aggregate principal amount not to exceed $25,000,000 and on terms and conditions (including intercreditor arrangements) satisfactory to the Agent in its reasonable discretion. "Non-GAAP Financials" means any financial statements delivered to the Lenders in compliance with Section 8.1 which are expressed to be not in accordance with GAAP.

New Revolver means that certain revolving credit facility for up to $750 million of availability, to be issued pursuant to the Plan and the New Debt Documents, which will be secured by a first lien on substantially all of the Reorganized Debtors’ assets, subject to customary exclusions, and which will be undrawn as of the Effective Date.

New Revolver means the revolving credit agreement, dated _____, among Geneva Steel Company, as borrower, Citicorp USA, Inc., as agent bank, and the other lenders named therein.

New Revolver means a new revolving credit facility in the amount of [●] that [Reorganized OpCo] will enter into on the Effective Date, the form of which shall be included in the Plan Supplement.