Examples of Exit Facility Revolving Loans in a sentence
The Exit Facility Revolving Loans shall be funded by the Exit Facility Lenders on a several and not joint basis.
The availability of the Exit Facility Revolving Loans shall be subject to the terms and conditions set forth in the Exit Facility Credit Agreement.
As incentive for the Exit Facility Lenders to provide the Exit Facility Revolving Loans and the Exit Facility Term A-1 Loans, each Exit Facility Lender providing such loans shall be granted its pro rata portion of approximately $18.2 million (approximately 27%) of the principal amount of Exit Facility Term B Loans.
Exit Facility Loans means the Exit Facility Revolving Loans and the Exit Facility Term A Loans.
Exit Facility Revolving Loans means the first-priority, senior, secured revolving loans in the principal amount not to exceed the Exit Revolving Loan Commitment to be made available to the Reorganized Debtors under the Exit Facility and subject to the terms of the Exit Facility Credit Agreement, as and to the extent provided for in Article VI.
Optional Prepayments and Commitment Reductions (RBL Exit Facility): Revolving Loans under the RBL Exit Facility may be prepaid at any time, in whole or in part, at the option of the Borrower, upon notice to the Administrative Agent and in minimum principal amounts and in multiples to be agreed upon with the Administrative Agent, without premium or penalty (except LIBOR breakage costs).
Whether the RBL Claims or the Exit Facility Revolving Loans are considered “publicly traded” may not be known until after the Effective Date.
The ballot for Holders of RBL Claims includes an election to participate in the Exit Facility Revolving Loans.
Any Holder of an RBL Claim that does not vote to accept the Plan (including by voting against the Plan or failing to timely return a ballot) or does not elect to participate in the Exit Facility Revolving Loans (including by not making any election with respect to the Exit Facility on the ballot) will receive only its pro rata share of the New Exit Facility Term Loan.IV.
Only RBL Lenders that affirmatively vote to accept the Plan and elect to participate in the Exit Facility Revolving Loans shall receive Exit Facility Revolving Commitments.