New Term Arranger definition

New Term Arranger means any lead arranger and/or bookrunner, it its capacity as such, under the New Long-Term Debt.
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New Term Arranger means any lead arranger and/or bookrunner, it its capacity as such, under the New Long-Term Debt. 158. “New Term Loan Lenders” means the banks, financial institutions and other lenders party to the New Long-Term Debt from time to time. 159. “New Warrant Agreement” means the agreement governing the New Warrants to be effective on the Effective Date, which shall be included in the Plan Supplement and subject to the Definitive Document Consent Rights. 160. “New Warrants” means a perpetual warrant issued by Reorganized Hexion, with a nominal exercise price, to purchase a number of shares of New Common Equity equal to the number of shares that a Holder entitled to receive New Common Equity under the Plan would otherwise have received had it not elected to receive New Warrants in lieu thereof, subject to the limitations set forth in the Plan. The New Warrants will provide that unless the Holder thereof shall have provided Reorganized Hexion with at least 65 days prior written notice of its waiver of the following provision, in no event shall any Holder have the right to exercise the New Warrants to subscribe for and purchase from Reorganized Hexion, nor shall Reorganized Hexion issue to any such Holder, shares of New Common Equity to the extent that such exercise or issuance would result in any such Holder, its Affiliates and any other members of a “group” (as defined in Rule 13d-5 under the Exchange Act) of which such Holder is a member together beneficially owning more than 9.9% of the then issued and outstanding shares of New Common Equity (excluding New Common Equity issuable to other Backstop Parties pursuant to New Warrants issued to other Backstop Parties on the Effective Date and excluding New Common Equity issued pursuant to the Management Incentive Plan) (subject to certain exceptions to be set forth in the New Warrant Agreement). 161. “NewCo” means a new entity to be organized or incorporated by or at the direction of the Required Consenting Parties, on or before the Effective Date. 162. “Notes Claims” means, collectively, the First Lien Notes Claims and the Junior Notes Claims. 163. “Notice and Claims Agent” means Omni Management Group, Inc., in its capacity as noticing, claims, and solicitation agent for the Debtors, pursuant to the order of the Bankruptcy Court. 164. “Ordinary Course Professionals Order” means any order of the Bankruptcy Court permitting the Debtors to retain certain professionals in the ordinary course of their businesses. 165. “O...
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Related to New Term Arranger

  • Co-Arrangers has the meaning specified in the recital of parties to this Agreement.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • New Term Lender a Lender that has a New Term Loan.

  • Initial Term Facility means the Initial Term Loan Commitment and the Initial Term Loans made hereunder.

  • New Term Loans as defined in Section 2.24.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Co-Lead Arrangers means X.X. Xxxxxx Securities Inc. and RBSGC.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Initial Term Lender means a Lender with an Initial Term Commitment or an outstanding Initial Term Loan.

  • Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Lead Arranger as defined in the preamble hereto.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.