Examples of Refinanced Loans in a sentence
As used herein, the term “Refinancing DIP Obligations” shall mean the Refinanced Loans and all interest accrued and accruing thereon and all other amounts owing by the respective Debtors in respect thereof.
Notwithstanding the foregoing, no voluntary prepayment of Refinanced Loans may be made until all New Money Loans and all other Obligations in respect thereof have been paid in full in cash and all Commitments have been terminated.
Lenders: Initially, the Lenders in the RBL Exit Facility (as defined below) will be (i) each Existing Lender holding Existing Loans and electing, pursuant to the Plan, to participate in the RBL Exit Facility, and (ii) each holder of Refinanced Loans (as defined in the DIP Credit Agreement) under the DIP Credit Agreement that has not been repaid in cash pursuant to the Plan (collectively, and together with any party that becomes a lender by assignment, the “Lenders”).
In addition, each Refinancing Lender waives its right to any compensation pursuant to Section 3.05 of the Credit Agreement with respect to the prepayment, exchange, roll or conversion of the Refinanced Loans.
By: /s/ Radhika Kapur Name: Radhika Kapur Title: Associate Claim Type Principal Amount* RBL Claims $12,179,396.04 Refinanced DIP Claims $11,525,867.13 New Money DIP Loans $4,610,346.85 *Calculated after giving effect to entry into the DIP Facility and consummation of the final availability and $250 million of Refinanced Loans (as defined in the DIP Credit Agreement).