Priority Term Loan Credit Agreement definition

Priority Term Loan Credit Agreement means that certain Super-Priority Term Loan Credit Agreement, dated as of May 29, 2020, by and among Parent, as holdings, iQor US Inc., as borrower, Wilmington Savings Fund Society, FSB, as administrative and collateral agent, the guarantors named therein, and the lenders named therein and party thereto from time to time, as amended, modified, or otherwise supplemented from time to time.

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.

Related to Priority Term Loan Credit Agreement

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement, dated as of August 30, 2012, among the Borrower, Credit Suisse, as administrative agent, and the various lenders and agents party thereto from time to time.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • ABL Credit Agreement as defined in the recitals hereto.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • New Credit Agreement means the new credit agreement entered into as of December 23, 2021 in connection with the Closing of the Business Combination, by Fathom OpCo, certain lenders, and JPMorgan Chase Bank, N.A., as administrative agent thereunder.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • ABL/Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated as of the Closing Date, by and among the Collateral Agent, Xxxxxx Xxxxxxx Senior Funding, Inc., as collateral agent under the Second Lien Term Loan Credit Agreement, Bank of America, N.A., as collateral agent under the ABL Credit Agreement, Parent and the Subsidiary Loan Parties party thereto, as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • DIP Credit Agreement means the credit agreement with respect to the DIP Facility.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Pre-Petition Credit Agreement has the meaning assigned to such term in the Recitals.

  • Term Loan B has the meaning set forth in Section 2.2(b).