Examples of Exit Facilities in a sentence
On the Effective Date, the Exit Facilities Documentation shall constitute legal, valid, binding, and authorized obligations of the Reorganized Debtors, enforceable in accordance with their terms.
On the Effective Date, the Reorganized Debtors shall enter into the Exit Facilities, the terms of which will be set forth in the Exit Facilities Documents.
On the Effective Date, the Reorganized Debtors shall enter into the Exit Facilities.
The Debtors shall fund distributions under the Plan, with (a) Cash on hand, including cash from operations and the proceeds of the DIP Facilities, (b) the proceeds of the Exit Facilities, and (c) the New Equity, including the GUC Rights.
The Exit Facilities shall consist of the Exit ABL Facility and the Exit Term Loan Facility.