Examples of First Lien Revolving Loans in a sentence
A licensee no longer has a continuing relationship with a customer in the case of providing real estate settlement services, at the time the cus- tomer completes execution of all documents related to the real estate closing, payment for those services has been received, or the licensee has completed 146a-15 all of its responsibilities with respect to the settlement, including filing docu- ments on the public record, whichever is later.
The interest rate for the First Lien Revolving Loans was 4.0% per annum as of December 31, 2015, and December 31, 2016.
Thus, the proposed amendments that affect only the First Lien Revolving Loans and the parties that hold them do not require the term loan lenders’ consent.
The Credit Agreement also provides for up to $250 million in First Lien Revolving Loans.
Pursuant to the Exchange Transactions, certain of the Company’s 2 The Credit Agreement is attached hereto as Exhibit A.unsecured noteholders would effectively exchange their notes for up to $150 million in new First Lien Term Loans, up to $250 million in fully drawn First Lien Revolving Loans, and/or new 1.5 lien or second lien secured notes.