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.

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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.

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.

Examples of New Revolver in a sentence

• All notices and other communications shall be given as set forth in the August Note and the New Revolver Note.

• The New Revolver shall be secured by first liens on substantially all of the assets of the Debtors, with such liens being pari passu with the liens securing the New Term Loans but with the New Revolver ranking as “first out” in the payment waterfall relative to the New Term Loans, including without limitation, the right to receive upon the occurrence and continuation of an event of default, 100% of all cash flows until the New Revolver is paid in full.

• Liens securing Indebtedness under the New Revolver and the New Term Loan existing on the date of this Indenture will be deemed to have been incurred on such date in reliance on the exception provided by clause (1) of this Section 4.07.

• Set forth on Attachment A are pro forma financial statements and a pro forma Compliance Certificate, dated as of the Increased Amount Date, in form and substance satisfactory to Agent, demonstrating that immediately after giving effect to such New Revolver Commitment, the Fixed Charge Coverage Ratio (recomputed for the most recent Fiscal Quarter for which financial statements have been delivered) is at least 1.10 to 1.00 for the period of twelve months then most recently ended.

• Upon execution and delivery hereof, Agent will record New Revolver Loans made by New Lenders in accordance with the terms of the Loan Agreement.

More Definitions of New Revolver

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 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

New Revolver means that certain post-consummation revolving credit

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 that certain senior revolving line of credit in the original principal amount of $15,000,000 established under the New Loan Agreement which is not secured by any property of the Company or any Restricted Subsidiary.

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 form and substance satisfactory to the Debtor with the consent of the Committee, which will not be unreasonably withheld, and after consultation with the New Equity Investors.