ATSB Loan definition

ATSB Loan means the loan, a portion of which will be guaranteed by the ATSB, to be extended to Reorganized USAI as part of a Bankruptcy Court-certified reorganization plan and as a means of implementing the Plan as described in Section 7.7 hereof.
ATSB Loan means the loan, a portion of which is guaranteed by the ATSB, that was extended to USAI pursuant to that certain Loan Agreement dated March 31, 2003, as amended, by and among USAI, as borrower, Group and certain of its subsidiaries, as guarantors, and the ATSB Lenders and the agent party thereto.
ATSB Loan has the meaning specified in Section 4.04(c).

Examples of ATSB Loan in a sentence

  • Neither Borrower will give its approval or consent to a sale of any right, obligation or interest under an ATSB Loan Agreement, or any note or loan document referred to therein (i) pursuant to clause (c) of the last sentence of Section 9.2(a) thereof, or (ii) involving Tranche B-1.

  • The Company has delivered to the Investor a true and correct copy of each of the ATSB Loan Agreement and the Air Wisconsin DIP Agreement, including any amendments, supplements and modifications through the date hereof.

  • Without limiting the generality of clause (ii), any and all required approvals under the ATSB Loan Agreement, the Air Wisconsin DIP Agreement and any other material financing agreements to which the Company or any Operating Company is a party shall have been obtained.

  • Section 5.01(g) of the Agreement shall be amended by changing "ATSB "at-risk" loan participation" to "participation in the ATSB Loan" in the first sentence of such Section 5.01(g).

  • Therefore, insurance might not necessarily cover all losses incurred by the Group and there can be no assurance that the Group will not incur losses or suffer claims beyond the limits of, or outside the relevant coverage of, its insurance policies.

  • The ATSB Lenders shall have an allowed, general unsecured claim against each of the ATAH Subsidiaries in its respective Chapter 11 Case in respect of the Subsidiary Guarantee of the ATSB Loan Obligations in an amount equal to the sum of the Secured Claim and the ATA Unsecured Claim (collectively, the "Guarantor Unsecured Claims," collectively with the ATA Unsecured Claim, the Super-Priority Claim and the ATAH Unsecured Claim, the "Unsecured Claims," and collectively with the Secured Claim, the "Claims").

  • The ATSB Lenders shall have an allowed,secured claim against ATA in respect of the ATSB Loan Obligations in the amount of $110,000,000, subject to reduction only as provided in paragraphs 4 and 8 hereof (the "Secured Claim").

  • The definitive documents relating to the ATSB Loan shall have been executed providing for gross proceeds of $1 billion to the reorganized Company, and a guarantee of at least $900 million of such loan, and all conditions precedent to the closing of the ATSB Loan shall have been satisfied or waived (other than any condition requiring the Closing of the Investment, it being understood that the closing of the ATSB Loan may occur either prior to, or simultaneously with, the Closing).

  • Comply with any reasonable request from the ATSB for information in connection with the ATSB Loan.

  • The ATSB Lenders shall have an allowed, general unsecured claim against ATAH in its Chapter 11 Case in respect of the ATAH Guarantee of the ATSB Loan Obligations in an amount equal to the sum of the Secured Claim and the ATA Unsecured Claim (the "ATAH Unsecured Claim").


More Definitions of ATSB Loan

ATSB Loan means the loan in the aggregate principal amount as of the date hereof of approximately $139,900,000 under the Loan Agreement dated as of November 20, 2002 among the Borrower, American Trans Air, Inc., Citibank, N.A., as agent for itself and the lenders named therein and the ATSB, pursuant to the Air Transportation Stabilization Act as the same may be amended, restated, amended and restated, supplemented or modified from time to time.
ATSB Loan has the meaning set forth in the definition of "Constituents" herein.