Examples of Revolver Credit Facility in a sentence
On June 30, 2022, the Revolver Credit Facility were available, but not used.The Company signed with the Brazilian National Bank for Economic and Social Development (“BNDES”) a Credit Limit Opening Agreement (“CALC”), a Revolving Credit Limit, in the amount of up to R$3,000,000, to be disbursed in the coming years in forest, social and industrial investments.
Entry into the Exit Revolver Credit Facility Agreement and the other Exit Revolver Credit Facility Documents is in the best interests of the Debtors, their Estates, and all Holders of Claims or Interests.
Subject to, and upon the occurrence of, the Effective Date, the Exit Revolver Credit Facility Documents, and any liens and security interests in favor of the Exit Revolver Agent or the lenders under the Exit Revolver Credit Facility Agreement securing the obligations of the Reorganized Debtors or New Holdco under the Exit Revolver Credit Facility, shall constitute the legal, valid, and binding obligations of the Reorganized Debtors and be enforceable in accordance with their respective terms.
The proceeds of the Revolving Loans shall be used by the Borrower (i) to pay in full the Reducing Revolver Credit Facility, and (ii) to finance the acquisition, construction and/or equipping of Theaters hereafter acquired by the Borrower and for other general corporate purposes of the Borrower.
Each of the Lenders hereunder that is a Lender under the Existing Revolver Credit Facility and the Existing L/C Facility hereby waives the requirement set forth in Section 2.3 of each of the Existing Revolver Credit Facility and the Existing L/C Facility that Borrower provide ten (10) Business Days prior notice of the termination of the commitments thereunder.
The Borrower shall use the proceeds of the initial Revolving Loans made to the Borrower pursuant to this Loan Agreement to pay in full the entire unpaid principal of and all accrued interest in the Reducing Revolver Credit Facility together with all amounts known to the Borrower to be due and owing under the Reducing Revolving Loan Agreement.
Assuming the Revolver Credit Facility is fully drawn, each 0.125% change in assumed blended interest rates would result in an approximately $0.4 million change in the annual interest expense on indebtedness under the Term Loan Facility and Revolver Credit Facility.(c)Reflects the estimated tax effect of the pro forma adjustments using ANI’s blended statutory tax rate of 22.9%.
FINANCIAL STATEMENTS 201420.7. ROTATIVE CREDIT LINE (“REVOLVER CREDIT FACILITY”) With the purpose of improving its financial liquidity, the Company and its wholly-owned subsidiary BRF Global GmbH obtained a credit line Revolver Credit Facility (“Revolver Credit Facility”) in the amount of US$1,000,000, with a maturity date in May 2019, from a syndicate comprised of 28 banks.
The terms and conditions of the Exit Revolver Credit Facility are fair and reasonable, and the Exit Revolver Credit Facility was negotiated in good faith and at arm’s length.
Notwithstanding anything to the contrary in this Confirmation Order or the Plan, the Court’s retention of jurisdiction shall not govern the enforcement of the Exit Revolver Credit Facility Documents or any other documents executed in connection with the Exit Revolver Credit Facility or any rights or remedies related thereto.