Examples of Term Loan A Lenders in a sentence
Negotiations with the Term Loan A Lenders focused primarily on forbearance of the RTSA Payments.
The Term Loan A Credit Agreement is secured by substantially all assets of NYGP and NYL (subject to certain exclusions), and the Term Loan A Lenders benefit from a guaranty of collection granted by PES Holdings secured by a pledge of the equity of NYGP.
For the avoidance of doubt, in no event shall the (x) Term Loan B Agent be responsible in any respect for distributions to the Term Loan B Lenders or on account of the Term Loan B Claims and(y) Term Loan A Agent be responsible in any respect for distributions to the Term Loan A Lenders or on account of the Term Loan A Claims.
Eventually, the Term Loan A Lenders and the Debtors reached agreement on amendments to the Term Loan A Credit Agreement (the “Term Loan A Credit Agreement Amendment”) and the Rail Terminaling Services Agreement (the “RTSA Amendment” and together with the Term Loan A Credit Agreement Amendment, collectively the “NYL Amendments”).
After many months of hard fought, arms’ length negotiations, the Debtors and their key stakeholders reached terms on a consensual prepackaged plan of reorganization, as reflected in the Restructuring Support Agreement executed on January 12, 2018, among the Debtors, the Parent, the Parent Parties, the Term Loan A Lenders, certain of the Term Loan B Lenders, the DIP Commitment Parties, and the Additional Financing Lender.