Term Loan Exchange Agreement means the Permitted Loan Purchase and Exchange Agreement, dated as of the Closing Date, among Inception Parent Inc., Rackspace Technology Global, the Subsidiary Loan Parties party thereto, Citibank, N.A., as Administrative Agent (as defined therein), Citibank, N.A., acting through its agency & trust business, as Collateral Agent (as defined therein), and the Lenders party thereto.
Term Loan Exchange Agreement means that certain Term Loan Exchange Agreement dated as of December 18, 2019, by and among the Borrower and the parties set forth on the signature pages thereto.
Term Loan Exchange Agreement means an agreement among Banro, Namoya, Gramercy and RFW, in form and substance acceptable to the Company and the Requisite Consenting Parties, each acting reasonably and in accordance with the terms of the Support Agreement, pursuant to which (i) Namoya agrees to pay all accrued but unpaid interest on the Term Loan up to and including the Effective Date, (ii) Gramercy and RFW agree to transfer their respective interests in the Term Loan to Banro on the Effective Date in exchange for New Senior Secured Notes in a principal amount equal to principal amount of the Term Loan interest transferred by them, and 575.11449 Common Shares per $1,000 principal amount of New Senior Secured Notes, and (iii) Gramercy, RFW and Namoya agree to attorn to the jurisdiction of the Court for the purposes of this Plan of Arrangement and the compromises and exchanges effected hereby; Transaction Structure Consideration means, with respect to each Initial Consenting Party, cash in an amount equal to 0.25% of (i) the aggregate Affected Instrument Value of all Affected Instruments held by such Initial Consenting Party immediately prior to the Effective Time, and (ii) in the case of RFW, the principal amount of the Dore Loan;
Examples of Term Loan Exchange Agreement in a sentence
Concurrently with the exchange offer for the Old Notes, Exela Intermediate and Exela Finance “ ).” Ex. 34 (2021 Term Loan Exchange Agreement) at 1.
The payment by Namoya of accrued interest on the Term Loan shall be made in accordance with the Term Loan Exchange Agreement.
More Definitions of Term Loan Exchange Agreement
Term Loan Exchange Agreement means the exchange agreement, to be entered into by and among Borrower Agent, Intermediate Holdings, each subsidiary loan party thereto, Bank of America as administrative agent and collateral agent, and each of the Lenders (as defined therein) party thereto.