New Money Loans definition

New Money Loans means the loans made pursuant to Section 2.01(a).
New Money Loans means, collectively, the Initial New Money Loans and the Final New Money Loans.
New Money Loans means, individually or collectively, as the context may require, the Initial Loans and the Delayed Draw Loans.

Examples of New Money Loans in a sentence

  • Such conversion (or “roll-up”) shall be authorized as compensation for, in consideration for, and solely on account of, the Prepetition First Lien Lenders that are also DIP Lenders or affiliates thereof to fund the New Money Loans and not as payments under, adequate protection for, or otherwise on account of, any Prepetition Obligations.

  • Each Borrowing of New Money Loans shall be made upon the Borrowers’ irrevocable written notice, on behalf of the Borrowers, to the Lender.

  • Upon entry of this Interim Order, the DIP Borrower is hereby authorized to borrow, and the DIP Guarantors are hereby authorized to guaranty, borrowings up to an aggregate principal amount of $70,000,000 of DIP Loans (inclusive of the Roll-Up Loans described in paragraph (c) below), with $35,000,000 of New Money Loans available to be drawn on an interim basis, subject to and in accordance with this Interim Order, without any further action by the Debtors or any other party.


More Definitions of New Money Loans

New Money Loans means the Loans made pursuant to Section 2.01(a) and, for the avoidance of doubt, excludes the Rollover Loans.
New Money Loans means the “New Money Loans” as defined in the DIP Term Loan Agreement as in effect on the Effective Date.
New Money Loans means the Initial Loans, the Supplemental Initial Loans and the Delayed Draw Loans.
New Money Loans means, collectively, the Initial Loan, the Second Loan, the Third Loan, the Fourth Loan, the Fifth Loan and the Sixth Loan.
New Money Loans means the New Money Initial Loans and the New Money Delayed Draw Loans.
New Money Loans means the Interim Advance and the Loans made pursuant to Section 2.01(a).
New Money Loans has the meaning specified in Section 2.3.