Revolving Loan Claims definition

Revolving Loan Claims means, collectively, the 2018 Revolving Loan Claims and the 2022 Revolving Loan Claims.
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Revolving Loan Claims. Means any Claims arising from or in connection to the Revolving Credit Facility.
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Revolving Loan Claims means any Claim against any Debtor arising from or based upon the revolving loans issued pursuant to the Credit Agreement Facilities or the Credit Agreement Documents.
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Examples of Revolving Loan Claims in a sentence

  • On the Effective Date, NADL Revolving Loan Claims shall, at the election of NADL, be (a) Reinstated or (b) released.

  • Class D2 is either Unimpaired, in which case the holders of Allowed NADL Revolving Loan Claims in Class D2 are conclusively presumed to have accepted the Plan pursuant to section 1126(f) of the Bankruptcy Code, or Impaired, and not receiving any distribution under the Plan, in which case the holders of such Allowed NADL Revolving Loan Claims in Class D2 are deemed to have rejected the Plan pursuant to section 1126(g) of the Bankruptcy Code.

  • Holders of Secured Revolving Loan Claims are entitled to vote to accept or reject the Plan.

  • For the avoidance of doubt, DIP Claims, Secured Revolving Loan Claims, and Secured Term Loan Claims will, in each case, accrue and be paid postpetition interest in accordance with the terms set forth in the agreements governing DIP Claims, Secured Revolving Loan Claims, and Secured Term Loan Claims, respectively.

  • Holders of Allowed Revolving Loan Claims against Holdings are not entitled to vote to accept or reject the Plan.

  • Further, holders of Senior Secured Revolving Loan Claims would receive a 63%–69%% recovery in a liquidation and a 100% recovery under the Plan.

  • On the Effective Date, the DIP ABL Revolver Lenders will either be (a) indefeasibly repaid in full in cash or (b) if a DIP ABL Revolver Lender consents, such lender’s outstanding DIP ABL Revolving Loan Claims and commitments under the DIP ABL Facility will convert into commitments under a replacement asset-based revolving loan facility.

  • If the Debtors are able to secure one or more qualified bids in accordance with the Bidding Procedures, there will be an Auction (if necessary) to determine the Winning Bidder and, after the DIP Claims are paid in full, the Secured Revolving Loan Claims and Secured Term Loan Claims will be paid the Secured Credit Agreement Distributable Cash as set forth in Article III of the Plan.

  • The Subordinated Notes Trustee shall act as Distribution Agent and make applicable Distributions to holders of Subordinated Notes Claims pursuant to the terms of the Plan.Distributions on account of the Senior Secured Term Loan Claims and Senior Secured Revolving Loan Claims (to the extent not previously paid) shall be made on the Distribution Date by the Reorganized Debtors or the Debtors, as applicable, to the Senior Secured Credit Facility Agent.

  • The Senior Secured Revolving Loan Claims shall be deemed Allowed Claims in the amount of $0.


More Definitions of Revolving Loan Claims

Revolving Loan Claims means any Claims arising under or on account of the Revolving Loans.
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Revolving Loan Claims means any Claim against a Debtor derived from or based upon the revolving loans funded by the DIP Lenders to the Debtors as loans on or about October 9 and 15, 2020 (the “Revolving Loans”).
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Revolving Loan Claims means any Claims arising under or on account of the Revolving
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Revolving Loan Claims means any Claim arising under or in connection with the Prepetition Revolving Loan Credit Agreement, including any Claims on account of Vertis Holdings’ or the Subsidiary Debtors’ guarantee of Vertis’ obligations arising under or in connection with the Prepetition Revolving Loan Credit Agreement.
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Related to Revolving Loan Claims

  • Term Loan Claims means the Claims arising in respect of the term facility under the Credit Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • New Revolving Loans as defined in Section 2.25.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Revolving Loan Documents has the meaning specified for the term “Loan Documents” in the Revolving Credit Agreement.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Revolving Loans as defined in Section 2.4(a).

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.