Exit Credit Facilities definition

Exit Credit Facilities means, collectively, the Reorganized REVA Exit Credit Facility and the NewLLC Exit Credit Facility.

Exit Credit Facilities means, collectively, the First Lien Exit Facility, the Second Lien Exit Facility, and the Exit L/C Facility.

Exit Credit Facilities means “Credit Facilities”, as such term is defined in the Restructuring Term Sheet.

Examples of Exit Credit Facilities in a sentence

• The terms of the Exit Credit Facilities were negotiated at arm’s-length and in good faith and without intent to hinder, delay, or defraud any present or future creditor of the Debtor and are in the best interests of the Debtor, Reorganized REVA, NewLLC, the estate, and creditors.

• In the event an order dismissing any of this Chapter 11 Case is at any time entered, the liens securing the Exit Credit Facilities shall not be affected and shall continue in full force and effect in all respects and shall maintain their priority and perfected status as provided in the Exit Credit Facilities until all obligations in respect thereof have been paid and satisfied in full.

• The holders of Liens under the Exit Credit Facilities are authorized to file, with the appropriate authorities, financing statements and other documents (the “Exit Credit Facility Perfection Documents”) or take any other action in order to evidence, validate, and perfect such Liens or security interests.

• The entry into the Exit Credit Facilities by Reorganized REVA and NewLLC, as applicable, and the execution, delivery, or performance by the Debtor, Reorganized REVA, or NewLLC, as applicable, of the Exit Credit Facilities, and compliance by the Debtor, Reorganized REVA, or NewLLC, as applicable, with the terms thereof are authorized by this Confirmation Order.

• The loans and other extensions of credit contemplated by the Exit Credit Facilities and the granting of Liens to secure such loans and other extensions of credit are approved and authorized in all respects.

More Definitions of Exit Credit Facilities

Exit Credit Facilities means the Exit Term Credit Agreement, the Exit Revolver Credit Agreement, and any alternative exit financing, the material terms of which are set forth in the Plan Supplement in amounts and on terms (including all documentation) acceptable to the Debtors and the Requisite Investors in consultation with the Creditors’ Committee.

Exit Credit Facilities means the New Term Facility, the New Working Capital Facility and the New Second Lien Credit Facility.

Exit Credit Facilities means, collectively, the Exit ABL Facility and the Exit Term Loan Facility.

Exit Credit Facilities means the New First Lien Credit Facility and the New Second Lien Credit Facility.

Exit Credit Facilities means the Exit Revolving Facility and Exit Second-Lien Facility.

Exit Credit Facilities means the Exit First Out First Lien Credit Facility and the Exit Second Out First Lien Credit Facility and/or any additional or alternative sources of exit financing the material terms of which are set forth in the Plan Supplement, which shall provide for sufficient financing to repay all DIP Facility Claims and pay Administrative Expense Claims, Priority Claims, Other Secured Claims and Prepetition Credit Facility Claims, in each case, in Cash in full (unless otherwise agreed to by the holders of such Claims as set forth herein) prior to or as of the Effective Date.

Exit Credit Facilities means, collectively, the Exit ABL Credit Facility and the Exit Term Loan Credit Facility.