Examples of Prepetition Term Loan Credit Agreement in a sentence
Substantially similar to the Prepetition Term Loan Credit Agreement, subject to the Documentation Principles.
Prepetition Term Loan Credit Agreement That certain Term Loan Credit Agreement, dated as of October 25, 2016, by and among the Company Parties, as borrowers and/or guarantors, Cortland Capital Market Services LLC, as Prepetition Term Loan Agent, and the lenders and other parties party thereto (as amended, restated, amended & restated, supplemented or otherwise modified as of the date hereof).
With respect to the First Out Term Loans, at the Parent Borrower’s election: · ABR (defined in a manner substantially similar to the Prepetition Term Loan Credit Agreement) plus 10.75% per annum in cash or Adjusted LIBO Rate (defined in a manner substantially similar to the Prepetition Term Loan Credit Agreement) plus 11.75% per annum in cash (subject to a 0.00% per annum floor on ABR and a 1.00% per annum floor on the Adjusted LIBO Rate) .
Following any such termination of the DIP Credit Agreement or the Commitments thereunder, the Adequate Protection Milestones and Covenants may be waived, amended, modified or extended from time to time solely by the Required Lenders (as defined in the Prepetition Term Loan Credit Agreement) in their sole discretion.
In addition, the Prepetition Term Loan Lenders are hereby entitled to the rights set forth in section 6.10(c) of the Prepetition Term Loan Credit Agreement.