FILO Liabilities definition
FILO Liabilities means advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party arising under any Loan Document or otherwise with respect to the FILO Loan, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding.
FILO Liabilities means all advances to, and debts (including principal, interest, fees, costs, and expenses), liabilities, obligations, covenants and indemnities of, any Loan Party arising under any Loan Document or otherwise with respect to the FILO Loan, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest, fees, costs and expenses that accrue after the commencement by or against any Loan Party or any Subsidiary thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding.
FILO Liabilities. “FILO Loan”, “FILO Maturity Date”, “FILO Note”, “FILO Prepayment Premium”, “FILO Reserve”, “FILO Standstill Period”, “Fixed Charge Coverage Ratio”, “Net Cash Proceeds”, “Payment Conditions”, “Pro Rata Share”, “Protective Advances”, “Ratable Portion”, “Requisite FILO Lenders”, “Term/Notes Refinancing Date” or “Weekly Monitoring Event” (and any component definition of any of the foregoing terms to the extent used therein); provided that, subject to Section 11.14, the foregoing shall not limit the discretion of the Administrative Agent to change, establish or eliminate any Reserves without the consent of any Lenders;
Examples of FILO Liabilities in a sentence
The Borrower shall repay to the Administrative Agent for the ratable account of the FILO Lenders the aggregate unpaid principal amount of all FILO Liabilities on the FILO Maturity Date or earlier, if otherwise required by the terms hereof.
Each incurrence of Credit Agreement Refinancing Indebtedness under this Section 2.18 (with respect to the FILO Loan) on any date shall be in an aggregate principal amount of not less than the aggregate amount of FILO Liabilities outstanding on such date.