Examples of Term Loan Facility Lenders in a sentence
On the Effective Date, Reorganized IBC shall (i) issue up to 4,420,000 shares of New Common Stock to the Term Loan Facility Lenders (or their Permitted Affiliates) and (ii) issue 4,420,000 shares of New Common Stock to Equity Investors.
Therefore, the Proposed Amendment had the consent of neither the Majority Term Loan Facility Lenders nor the Required Lenders (the latter, because the improperly established Sham Revolver could not have been permissibly included).
Therefore, the 2020 Amendment had the consent of neither the Majority Term Loan Facility Lenders nor the Required Lenders (the latter, because the improperly established Sham Revolver could not have been permissibly included).
Usual and customary for Agent’s and Term Loan Agent’s transactions of this type, which shall include provisions that certain amendments, waivers, and/or exercise of certain rights will require consent of Lenders holding a majority of Term Loan Facility, Lenders holding a majority of Senior Revolving Facility, Lenders holding a majority of Senior Credit Facility, or unanimous consent of all Lenders, as applicable.
On the Effective Date, the Reorganized Company will issue to the Term Loan Facility Lenders (or their Permitted Affiliates) Series B Warrants (Series B Warrants) that will entitle holders of Series B Warrants to receive, upon the exercise of all Series B Warrants at the exercise price described below, 856,265 shares of New Common Stock.
The Series C Warrants will be allocated pro rata among the Term Loan Facility Lenders (or their Permitted Affiliates) in accordance with the relative amounts of their loans funded under the Term Loan Facility.
On the Effective Date, the Reorganized Company will issue to the Term Loan Facility Lenders (or their Permitted Affiliates) Series C Warrants (Series C Warrants) that will entitle holders of Series C Warrants to receive, upon the exercise of all Series C Warrants at the exercise price described below, 1,267,265 shares of New Common Stock.
Alan Lester argues similarly for the co-constitution of metropole and colony.
Accordingly, the releases and exculpation set forth in the Plan for the benefit of the Equity Investors, the Term Loan Facility Lenders and the Prepetition Investors and their Affiliates, principals, employees, agents, officers, directors, financial advisors, attorneys and other professionals, and any of their successors and assigns, are consistent with sections 105, 1123 and 1129 of the Bankruptcy Code and applicable law and should be, and hereby are, approved.
Details of Unsecured Long Term Loan Facility: Lender's Name Type of Facility Amount SanctionedPrincipal AmountOutstandingRepayment Date/Schedule USD MioRsCrore APSSA US$ 150 mio - Duferco FCL 150.00 247.39 Monthly*The final repayment date will be decided depending on average drawdown dateiii.