Examples of New UniTek Debt Credit Agreement in a sentence
No. 023421 BALANCE SHEET AS AT MARCH 31, 2013 (Amount in Rupees)PARTICULARSNote No.Current ReportingPeriod as on 31.03.2013Previous ReportingPeriod as on 31.03.2012I.
All respective conditions precedent to the consummation of each of the New First Lien Debt Facility Credit Agreement and the New UniTek Debt Credit Agreement shall have been waived or satisfied in accordance with the respective terms thereof, and the Debtors shall have entered into the New First Lien Debt Facility Credit Agreement and the New UniTek Debt Credit Agreement.
Upon diligent inquiry, the Debtors have determined that the New First Lien Debt Facility and, if required under the terms of the Plan, the New UniTek Debt, to be provided subject to and in accordance with the New First Lien Debt Facility Credit Agreement and, if required under the terms of the Plan, the New UniTek Debt Credit Agreement, statements made on the record, and such other changes as the parties thereto may agree is the best financing alternative available to the Reorganized Debtors.
The terms of the New First Lien Debt Facility Credit Agreement, the New UniTek Debt Credit Agreement, and all related documents or agreements contained in the Plan Supplement are approved in all respects.
The financial accommodations to be extended pursuant to the New First Lien Debt Facility Credit Agreement and the New UniTek Debt Credit Agreement are being extended in good faith and for legitimate business purposes.68.
The terms of the New First Lien Debt Facility and New UniTek Debt Credit Agreement have been negotiated in good faith and on an arm’s-length basis, and each party thereto may rely upon the provisions of this Confirmation Order in closing the New First Lien Debt Facility and the New UniTek Debt.
The Adviser, Ethics Office, UNFPA, responding to the query regarding conflicts of interest, clarified that of the 90 inquiries received from staff, the majority related to participation in outside activities and the Ethics Office had provided the necessary guidance.
On the Effective Date, without any further action by the Court or the directors, officers or equity holders of any of the Reorganized Debtors, each Reorganized Debtor, as applicable, will be and is authorized to enter into the (i) New First Lien Debt Facility Credit Agreement and, as applicable, the New UniTek Debt Credit Agreement, (ii) the New Corporate Governance Documents, (iii) the Shared Services Agreement, and (iv) any other related documents or agreements contained in the Plan Supplement.
The terms and conditions of the New First Lien Debt Facility Credit Agreement and the New UniTek Debt Credit Agreement are fair and reasonable, reflect the Debtors’ exercise of prudent business judgment consistent with their fiduciary duties, are supported by reasonably equivalent value and fair consideration, and are in the best interests of the Debtors’ Estates and their creditors.