Examples of New Term Loan Documents in a sentence
On the Effective Date, the Reorganized Debtors shall enter into the New Term Loan Facility, the terms of which will be set forth in the New Term Loan Documents.
The financial accommodations to be extended pursuant to the New Term Loan Documents are being extended, and shall be deemed to have been extended, in good faith, for legitimate business purposes, and on reasonable terms.
All holders of Allowed DIP Claims (if applicable) and Allowed Term Loan Claims entitled to distributions of New Term Loan Debt hereunder shall be deemed to be a party to, and bound by, the applicable New Term Loan Documents, regardless of whether such holder has executed a signature page.
Notwithstanding anything to the contrary in the Plan, the Definitive Restructuring Documents, or this Order, on and after the Effective Date, the Court’s retention of jurisdiction shall not govern any disputes arising or asserted under or related to the New Term Loan Facility, the New Term Loan Documents, the New ABL Commitment Letter, the New ABL Term Sheet, the New ABL Credit Facility, and the New ABL Credit Facility Documents.
However, the shareholders may agree on any other distribution of the voting rights at the General Meetings, without however being able to deprive the usufructuary of his right to vote on decisions concerning profits.