Examples of Existing First Lien Agent in a sentence
Further, in the event that the Existing First Lien Agent is the agent for the New ABL Credit Facility, it shall retain the liens and security interests securing the Existing First Lien Credit Facility Claims after such payments are made and have such liens and security interests secure the New ABL Credit Facility.
As the agent for the New ABL Credit Facility, the Existing First Lien Agent shall retain the Liens and security interests securing the Existing First Lien Credit Facility Claims and have such Liens and security interests secure the New ABL Credit Facility subject to the terms of the Intercreditor Agreement (as defined below).
The amount obtained by applying the preceding provisions shall be subject to an abatement of 10% for occupational expenses.
It was these irregularities that caused the Existing First Lien Agent and the Committee to commence Rule 2004 discovery concerning the April 2018 Transaction.
On April 23, 2018, before the start of solicitation of lender consents, the then Existing First Lien Agent requested that the Debtors comply with section 6.02(c) of the Existing First Lien Credit Agreement, which required the Company to provide the Existing First Lien Agent with the same information that it provided to Ares on Friday, April 20th.
Zakia (admitted pro hac vice) Counsel for Cortland Capital Market Services, LLC, in its capacity as the Existing First Lien Agent WHITE & CASE LLPSoutheast Financial Center200 South Biscayne Blvd., Suite 4900Miami, Florida 33131Telephone: (305) 371-2700Thomas E Lauria (admitted pro hac vice) Erin R.
In accordance with the Plan, the Plan Supplement may be altered, amended, updated, or modified prior to the Effective Date, subject to the terms of the Plan and in the case of the Payoff Letter, with the written consent of the DIP Revolving Facility Agent and the Existing First Lien Agent.
Zakia (admitted pro hac vice)1221 Avenue of the Americas New York, New York 10020 Telephone: (212) 819-8200 Harrison DenmanJohn RamirezAttorneys for Cortland Capital Market Services, LLC, in its capacity as the Existing First Lien Agent IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF NEW YORK )In re: ) Chapter 11)Trident Holding Company, LLC, et al.,1 ) Case No. 19-10384 (SHL))Debtors.
Until the Existing First Lien Obligations have been Paid in Full, no claim or lien having a priority superior or pari passu with those granted in favor of the Existing First Lien Agent to secure the Existing First Lien Obligations shall be permitted by any order of this Court heretofore or hereafter entered in the Chapter 11 Cases.
Since then, the Existing First Lien Agent has come to learn certain details surrounding the April 2018 Transaction, but many questions remain unanswered.