Examples of Revolving Credit Agreement Lenders in a sentence
Nothing herein shall require the Consenting Senior Noteholders, the Ad Hoc Noteholder Group, the Ad Hoc Noteholder Group Representatives, the Revolving Credit Agreement Lenders, or Revolving Credit Agreement Representatives to file applications, a Proof of Claim or otherwise seek approval of the Bankruptcy Court as a condition to the payment of such Allowed Administrative Claims.
After careful evaluation, the Revolving Credit Agreement Lenders declined to join the Restructuring Support Agreement; however, a subset of the Revolving Credit Agreement Lenders continued to work to provide the DIP financing (as described below) and all Revolving Credit Agreement Lenders worked to provide consensual use of cash collateral upon filing.
This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual agreement among the Required Revolving Credit Agreement Lenders, the Required Secured Noteholders, Tema, and each of the Company Parties.
Further, upon the Debtors’ decision to forego the 2024 Senior Notes interest payment, the Debtors began discussions with their Revolving Credit Agreement Lenders via the Revolving Credit Agreement Agent regarding a potential DIP financing.
This Agreement, including the Restructuring Term Sheet, may not be modified, amended, restated, or supplemented in any manner except in writing signed by all of: (a) the Required Revolving Credit Agreement Lenders; (b) the Required Secured Noteholders; (c) Tema; and (d) each of the Company Parties; provided, however, that this Section 10 shall not be amended without the consent of each Consenting Creditor.
In April 2020, the Debtors initiated discussions to consider potential paths forward to address their liquidity constraints and various debt obligations with their stakeholders, primarily including the Ad Hoc Noteholder Group, a group of holders of the Debtors’ Existing Preferred Stock (the “Preferred Holdings Group”), and the Revolving Credit Agreement Lenders via the Revolving Credit Agreement Agent.
No later than sixty (60) days after the Petition Date: Entry of confirmation order, in form and substance satisfactory to the Majority DIP Lenders and the Requisite Revolving Credit Agreement Lenders pursuant to the terms set forth in the RSA.
All Intercompany Claims and Intercompany Interests will be reinstated or modified as agreed by the Company and the Majority DIP Lenders in consultation in good faith with the Consenting Revolving Credit Agreement Lenders.
Nothing herein shall require the Consenting Senior Noteholders, the Ad Hoc Noteholder Group, the Ad Hoc Noteholder Group Representatives, the Revolving Credit Agreement Lenders, orRevolving Credit Agreement Representatives to file applications, a Proof of Claim or otherwise seek approval of the Bankruptcy Court as a condition to the payment of such Allowed Administrative Claims.
On the Effective Date, Class 7B (ROC Preferred Equity Interests) and Class 8B (ROC Common Equity Interests) shall be cancelled, released, extinguished, or otherwise treated such that Holders of such Interests will not receive any distribution on account of such Interests, in each case at the Debtors’ or Reorganized Debtors’ option (subject to the consent of the Majority DIP Lendersand consultation in good faith with the Consenting Revolving Credit Agreement Lenders).