Examples of Postpetition Credit Agreement in a sentence
The amounts needed to fund the foregoing amounts, as applicable, may be paid from (A) the proceeds of the Exit Facility as and to the extent permitted, (B) the proceeds of the loans under the Postpetition Credit Agreement as and to the extent permitted, or (C) as otherwise agreed to by the Postpetition Agent and the Exit Facility Agent, on behalf of the Postpetition Lenders and Exit Facility Lenders, respectively, provided all such amounts are funded or made available on or prior to the Effective Date.
Upon the entry of this Interim Order, the Postpetition Credit Agreement and the other Postpetition Financing Documents to which the Borrower is a party shall constitute valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their terms and the Postpetition Financing Documents to which the Guarantor is a party shall constitute valid and binding obligations of the Guarantor enforceable against the Guarantor in accordance with their terms.
The rights and remedies of the Postpetition Lender specified herein are cumulative and not exclusive of any rights or remedies that the Postpetition Lender may have under the Postpetition Credit Agreement and the other Postpetition Financing Documents or otherwise.
Interest on the Postpetition Obligations shall be secured in the manner specified in paragraph 13 herein, and shall accrue at the rates (including any default rates) and be paid in accordance with the terms and provisions of the Postpetition Credit Agreement.
To the extent not previously reduced in connection with the Postpetition Credit Agreement, the amount of the Prepetition Facility Claim held by each holder of a Roll-Up Claim shall be deemed reduced by an amount equal to such converted Roll-Up Claim as and when provided in the DIP Financing Orders.
The Borrower shall use Cash Collateral and the loans or advances made under, or in connection with, the Postpetition Credit Agreement and the other Postpetition Financing Documents for the period of time from the date hereof until the occurrence of the Loan Payment Date solely as provided in this Interim Order, the Postpetition Credit Agreement and the other Postpetition Financing Documents.
Any and all fees, commissions, costs and expenses paid prior to the Petition Date by the Debtor to the Postpetition Agent or Postpetition Lenders in connection with or with respect to the Postpetition Facility, Postpetition Credit Agreement or other Postpetition Loan Documents are hereby approved in full.
The Debtor shall pay on demand all fees, costs, expenses and other charges payable under the terms of the Postpetition Loan Documents, including, without limitation, all fees, costs and expenses described in the Postpetition Credit Agreement, in each case whether or not the Postpetition Credit Agreement and transactions contemplated therein are consummated.
The terms and conditions of the Postpetition Credit Agreement are hereby approved.
The Debtor is hereby authorized to enter into and deliver the Postpetition Credit Agreement and such additional documents, instruments, notes and agreements as may be reasonably required by the Postpetition Agent to implement the terms or effectuate the purposes of this Order (as such additional documents, instruments, notes and agreements may be amended, restated, supplemented or otherwise modified from time to time, together with the Postpetition Credit Agreement, the “Postpetition Loan Documents”).