New Revolving Credit Facility definition

New Revolving Credit Facility has the meaning assigned to such term in Section 2.14(a) of this Agreement.

New Revolving Credit Facility means revolving credit facilities of up to $600,000,000 arranged by the Lead Arrangers entered into to replace the revolving credit facilities under the Existing Credit Agreement.

New Revolving Credit Facility means a new asset-based or other revolving credit facility to be provided to the Reorganized Debtors under the New Revolving Credit Facility Agreement and other New Revolving Credit Facility Documents, consistent in all material respects with the Restructuring Term Sheet.

Examples of New Revolving Credit Facility in a sentence

• The New Revolving Credit Facility (as amended and restated on 12 June 2019) matures on 11 June 2024.

• The New Revolving Credit Facility also terminates on the Maturity Date and loans thereunder may be borrowed, repaid, and reborrowed up to such date.

• The interest on the New Revolving Credit Facility (as amended and restated on 12 June 2019) is set at the annual rate of 1.75%, plus the one-month or three-month EURIBOR rate (at the option of I-RES).

• On 12 June 2019, the Company exercised its option under the New Revolving Credit Facility and restated on 12 June 2019 to extend its committed facilities from €450 million to €600 million and amended the New Revolving Credit Facility to include a new uncommitted accordion facility in the amount of €50 million.

• For the avoidance of doubt, the Debtors and the Reorganized Debtors will be entitled to transfer funds between and among themselves as they determine to be necessary or appropriate to enable the Reorganized Debtors to satisfy their obligations under the Plan, subject in all respects to the terms of the First Lien Exit Facility and the New Revolving Credit Facility, if any.

More Definitions of New Revolving Credit Facility

New Revolving Credit Facility means, at any time, the aggregate amount of the New Revolving Credit Commitments at such time.

New Revolving Credit Facility means that certain Credit Agreement, to be dated as of the Closing Date, by and among the Partnership, the lenders party thereto and JPMorgan Chase Bank, N.A.,, as administrative agent.

New Revolving Credit Facility means the senior secured revolving credit facility agreement dated on or around the Issue Date among the Company, the Security Agent, Investec Bank plc as facility agent and the other parties named therein, as amended, supplemented, refinanced, replaced or otherwise modified from time to time.”

New Revolving Credit Facility means the Credit Agreement, to be dated on or about the Assumption Date, among the Company, the various financial institutions party thereto, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

New Revolving Credit Facility means a $30,000,000 undrawn revolving credit facility to be entered into by Newco on the Effective Date on terms and conditions acceptable to the Put Parties and, to the extent required under the terms of the Letter Agreement, the Ad Hoc Lender Group.

New Revolving Credit Facility means the facility providing for the Borrowing of New Revolving Credit Loans.

New Revolving Credit Facility means the €100.0 million revolving credit facility made available under the New Revolving Credit Facility Agreement;