Examples of Priority Term Loan Credit Agreement in a sentence
If the Priority Term Loan Claims are not satisfied with the proceeds of the Term Loan DIP Facility, on the Effective Date, the Priority Term Loan Claims shall be Allowed in the aggregate principal amount of $26,594,478, plus accrued and unpaid interest on such principal amount through the Petition Date and any fees and other expenses arising under or in connection with the Priority Term Loan Credit Agreement.
The form of the Exit Priority Term Loan Credit Agreement, which shall be filed with the Plan Supplement, shall be consistent with the RSA and the Exit Priority Term Loan Facility Term Sheet, and shall be in form and substance acceptable to the Debtors and the Exit Priority Term Loan Backstop Parties.
Note: Microwave ovens may not be used to heat bottled formula because they heat liquids unevenly, which creates a scalding risk for infants.
On the Effective Date, the Reorganized Debtors shall execute and deliver the Exit Priority Term Loan Credit Agreement and the other Exit Priority Term Loan Credit Documents.
Furthermore, while the Unglazed grocery paper market has been shrinking, changes of each players’ market shares are relatively substantial.3. liners marketThere are three major competitors, including a company which has more than 20% share of the market.
The roll-up is pari passu in lien priority with the Priority Term Loan Credit Agreement and the existing obligations under the First Lien Credit Agreement, but junior in right of payment to the Priority Term Loan Credit Agreement and senior in right of payment to the obligations under the First Lien Credit Agreement.
Agents shall have received a fully executed copy of the Second Priority Term Loan Credit Agreement Amendment, which shall be in form and substance reasonably satisfactory to the Administrative Agent.
As of the Effective Date, notwithstanding anything in this Article X to the contrary, the Exit Priority Term Loan Credit Agreement, the Exit Take Back Term Loan Credit Agreement, the New TNT Constituent Documents and the other Reorganized Debtors Constituent Documents shall be governed by the respective jurisdictional provisions therein.
Each Lender hereby (i) consents to the terms and conditions of the Second Priority Term Loan Credit Agreement Amendment, the Xxxx Intercreditor Agreement, the other Third Priority Term Loan Documents, the Reaffirmation Agreements and the Reaffirmation of Intercreditor Agreement and (ii) authorizes and directs the Administrative Agent, on behalf of and for the benefit of Lenders, and the Collateral Agent to enter into the Xxxx Intercreditor Agreement and the Reaffirmation of Intercreditor Agreement.
The PTL Facility is pari passu in lien priority with, and senior in payment priority to, CPK’s obligations under its existing First Lien Credit Agreement, pursuant to a waterfall in a new pari passu intercreditor agreement entered into by the agent under Priority Term Loan Credit Agreement and the agent under the First Lien Credit Agreement.