Prepetition LC Facility definition

Prepetition LC Facility means the $50,000,000 cash-collateralized letter of credit facility dated as of October 26, 2010 between HMHP and Xxxxx Fargo Bank, National Association.
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Prepetition LC Facility means the letter of credit facility provided pursuant to the Prepetition LC Agreement.
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Examples of Prepetition LC Facility in a sentence

  • All obligations under the Prepetition LC Facility are secured by a first priority security interest in amounts on deposit in a cash collateral account (the “Collateral Account”).

  • Class 4 consists of all Prepetition LC Facility Claims against each Debtor.

  • Each Holder of a Prepetition LC Facility Claim is conclusively deemed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code.

  • A unique element of this program is that two of the core courses must be taken at a partnering community college which offers an associates degree in Criminal Justice.

  • The Prepetition LC Facility matures in February 2019 and, as of the Petition Date, one letter of credit with a face amount of $1,253,446.45 has been issued thereunder.

  • As of the Petition Date, the aggregate amount of letters of credit posted pursuant to Westinghouse’s Prepetition L/C Facility equaled approximately $493.7 million, and the Prepetition L/C Facility was cash collateralized by Toshiba in an amount equal to 105% of the face value of the outstanding letters of credit.

  • The quarterly reporting of the measures implemented and aggregate amounts saved per quarter, reprioritisation of cost savings and implementation of the cost containment measures will included in the MFMA Section 52 report prepared by the Budgets department and will be submitted to the Financial Portfolio Committee, the Executive Mayor together with the Mayoral Committee and Council.

  • Yields [%]Multi-step flow Multi-injection single-flow As one alternative to multi-step flow processing, a “multi-injection single-flow” process starting with 2,6-difluorobenzyl alcohol was considered.

  • Class 4 consists of Claims against any Debtor arising from or based upon the Prepetition LC Agreement or any other Prepetition LC Facility Documents, including accrued but unpaid costs, fees, and indemnities, which face amount outstanding as of the Commencement Date was$4,933,364.45 (collectively, the “Prepetition LC Facility Claims”).

  • As noted above, neither the Prepetition L/C Facility nor the DIP L/C Facility offered sufficient availability to allow Westinghouse to post its own letters of credit.

Related to Prepetition LC Facility

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • Prepetition Lenders means those lenders party to the Prepetition Credit Agreement from time to time.

  • LC Facility means the letter of credit facility established pursuant to Article III.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Prepetition means arising or accruing prior to the Petition Date.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Prepetition Loan Documents means the “Loan Documents” as defined in the Prepetition Credit Agreement.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • DIP means debtor-in-possession.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • New Credit Facility is defined in Section 9.8.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.7.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • ABL Credit Facility means the agreement, dated as of March 30, 2015, among the Company, the Subsidiaries of the Company that borrow or guarantee obligations under such agreement from time to time, as “Credit Parties,” the lenders parties thereto from time to time and Bank of America, N.A., as agent (or its successor in such capacity), together with the related notes, letters of credit, guarantees and security documents, and as the same may be amended, restated, amended and restated, supplemented or modified from time to time and any renewal, increase, extension, refunding, restructuring, replacement or refinancing thereof (whether with the original administrative agent and lenders or another administrative agent, collateral agent or agents or one or more other lenders or additional borrowers or guarantors and whether provided under the original ABL Credit Facility or one or more other credit or other agreements or indentures).

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

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

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.