Examples of Prepetition First Lien Loan Agreement in a sentence
Notwithstanding any provisions of the Plan to the contrary the Prepetition First Lien Claims will be deemed Allowed Claims in the aggregate principal amount of $386,000,000, plus accrued and unpaid interest, fees, expenses and other obligations arising under the Prepetition First Lien Loan Agreement and the other Prepetition First Lien Loan Documents.
The Prepetition First Lien Loan Agreement is secured by a first priority lien on intellectual property, furniture, fixtures and equipment and certain other assets (collectively, the “Term Loan Priority Collateral”) and a second priority lien on the Prepetition Revolver Priority Collateral, subject to the terms of the Intercreditor Agreement.
In order to address the Company’s over- levered balance sheet and proactively address its 2019 and 2020 debt maturities under the Prepetition First Lien Loan Agreement and Prepetition Second Lien Loan Agreement, the Company, led by Equity Parent, and with the advice and support of MAEVA, reached out to its secured lenders.
SRL laboratories continue to be in our referral list for pathological tests.
The commitments and obligations (if any) of the Prepetition First Lien Lenders to extend any further or future credit or financial accommodations to any of the Debtors, any of their respective subsidiaries or any of their respective successors or assigns under the Prepetition First Lien Loan Agreement shall fully terminate and be of no further force or effect on the Effective Date.
The Debtors currently have approximately $300 million of outstanding debt, primarily consisting of principal obligations under the Prepetition First Lien Loan Agreement, Prepetition Second Lien Indenture, and Prepetition Third Lien Indenture.
The Prepetition First Lien Loan Agreement provides for a senior credit facility secured by substantially all of the Debtors’ assets and certain assets of certain of the Debtors’ non-Debtor affiliates.
Obligations” means any indemnity or other obligations of the Debtors that survive termination of the Prepetition First Lien Loan Agreement pursuant to the terms thereof.
Except as provided pursuant to this Plan, each of the Prepetition First Lien EX-36- Exhibit 2.1 Agent and the Prepetition Indenture Trustee, and their respective agents, successors, and assigns shall be discharged of all of their obligations associated with the Prepetition First Lien Loan Agreement and the Prepetition Indentures, respectively.
Except as provided pursuant to the Plan, each of the Prepetition First Lien Agent and the Prepetition Indenture Trustee, and their respective agents, successors, and assigns shall be discharged of all of their obligations associated with the Prepetition First Lien Loan Agreement and the Prepetition Indentures, respectively.