Examples of Priority Term Loan Credit Agreement in a sentence
If the Priority Term Loan Claims are not satisfied with the proceeds of the Term Loan DIP Facility, on the Effective Date, the Priority Term Loan Claims shall be Allowed in the aggregate principal amount of $26,594,478, plus accrued and unpaid interest on such principal amount through the Petition Date and any fees and other expenses arising under or in connection with the Priority Term Loan Credit Agreement.
The Priority Term Loan Credit Agreement provided for certain milestones, including, among others: (a) the execution of a restructuring support agreement, including an agreed-upon term sheet for a debtor-in-possession financing facility to be provided by the lenders thereunder; (b) delivery of either first day pleadings, a plan, and disclosure statement; and (c) the commencement of votes on a prepackaged chapter 11 plan.
On the Effective Date, the Reorganized Debtors shall execute and deliver the Exit Priority Term Loan Credit Agreement and the other Exit Priority Term Loan Credit Documents.
Furthermore, while the Unglazed grocery paper market has been shrinking, changes of each players’ market shares are relatively substantial.3. liners marketThere are three major competitors, including a company which has more than 20% share of the market.
The form of the Exit Priority Term Loan Credit Agreement, which shall be filed with the Plan Supplement, shall be consistent with the RSA and the Exit Priority Term Loan Facility Term Sheet, and shall be in form and substance acceptable to the Debtors and the Exit Priority Term Loan Backstop Parties.
As of the Effective Date, notwithstanding anything in this Article X to the contrary, the Exit Priority Term Loan Credit Agreement, the Exit Take Back Term Loan Credit Agreement, the New TNT Constituent Documents and the other Reorganized Debtors Constituent Documents shall be governed by the respective jurisdictional provisions therein.
Contact the County Arborist in the Planning Department if you are unsure whether your development requires a TMP.
The PTL Facility is pari passu in lien priority with, and senior in payment priority to, CPK’s obligations under its existing First Lien Credit Agreement, pursuant to a waterfall in a new pari passu intercreditor agreement entered into by the agent under Priority Term Loan Credit Agreement and the agent under the First Lien Credit Agreement.
Agents shall have received a fully executed copy of the Second Priority Term Loan Credit Agreement Amendment, which shall be in form and substance reasonably satisfactory to the Administrative Agent.
The Priority Term Loan Secured Claims shall be deemed Allowed on the Effective Date, consisting of (i) $40,482,222.22 in principal amount, plus(ii) accrued and unpaid interest (calculated on the basis of the alternate base rate and at the default rate under the Priority Term Loan Credit Agreement), fees, expenses, and other obligations arising, due, or owing under or in connection with the Priority Term Loan Credit Documents (including legal fees), in each case, through and including the Effective Date.