New Term Loan Debt definition

New Term Loan Debt means the new debt to be issued pursuant to the Plan and the New Term Loan Documents.
Sample 1
New Term Loan Debt means the New Term Loans, the Guarantees by the Guarantors of the obligations in respect thereof and any other Indebtedness under the New Term Loan Credit Documents, which will be secured by the Collateral on a pari passu basis with the Secured Obligations (as defined in the Security Agreement).
Sample 1

Examples of New Term Loan Debt in a sentence

  • Each distribution and issuance of the New Term Loan Debt and/or New Tax Credit Debt under the Plan shall be governed by the terms and conditions set forth in the Plan applicable to such distribution or issuance and by the terms and conditions of the instruments evidencing or relating to such distribution or issuance, which terms and conditions shall bind each Entity receiving such distribution or issuance.

  • For purposes of calculating amounts payable to a Litigation Trust Beneficiary under this Agreement, the issuance of the New Term Loan Debt and Litigation Trust Interests shall be disregarded, and only the receipt of cash payments under the New Term Loan Debt and distributions under this Agreement shall reduce the Melody Claim Amount and the ECP Claim Amounts, as applicable.

  • Operational profit ("-" for loss)213,950,666.31129,501,597.03Plus: non-operational income204,046.54446,386.82Less: non-operational expenditure569,862.592,578,001.314.

  • The New Term Loan Debt Facility does not contain any financial maintenance covenant.

  • The New Term Loan Debt Facility contains customary affirmative covenants and representations.

  • The coupled unsaturated- saturated flow is also considered by Liang et al.

  • The New Term Loan Debt Facility is subject to certain usual and customary mandatory prepayment events, including 100% of net cash proceeds of (i) debt issuances (other than debt permitted to be incurred under the terms of the New Term Loan Debt Facility) and (ii) non-ordinary course asset sales or dispositions, subject to customary thresholds, exceptions and reinvestment rights.

  • Although this is allowed under certain grant programs and has a benefit of reducing local matching funds required for the project it also decreases the availability of funds needed to fund the project.

  • The Melody Claim Amount shall be reduced on a dollar for dollar basis by each cash payment received by any Melody Beneficiary in respect of the New Term Loan Debt.

  • FINANCIAL CONDITION, LIQUIDITY AND CAPITAL RESOURCESAs at September 30, 2023, the Company had a deficit of $7,326,230 (March 31, 2023 - $6,109,783).

Related to New Term Loan Debt

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • New Term Loans as defined in Section 2.24.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Tranche B Term Loan as defined in Section 2.1.