Term Loan Facility Claim definition

Term Loan Facility Claim means any Claim arising under, derived from, or based upon the Term Loan Facility Documents.
Term Loan Facility Claim means any Claim arising under, derived from, or based upon the Term Loan Facility.
Term Loan Facility Claim means any Claim arising under the Term Loan Facility and the First Lien Credit Agreement.

Examples of Term Loan Facility Claim in a sentence

  • Any Secured Claim other than (a) a DIP Facility Claim, (b) an ABL Claim, (c) a Term Loan Facility Claim, or (d) a Secured Tax Claim.

  • To the extent that the IRS disagrees with such treatment, the U.S. federal income tax consequences to a Holder that exchanges its Allowed Term Loan Facility Claim for (i) its pro rata share of 100% of the New Holdco Common Stock and (ii) its pro rata share of 100% of the Subordinated Notes will differ materially from the consequences described below.

  • To relaunch the domestic economic wheel, it will have to accelerate crisis recovery and put the whole country on the track towards development.

  • To the extent that a Holder of an Allowed Term Loan Facility Claim does not recognize accrued market discount upon the Section 721 Contribution, then such Holder likely will be required to recognize such accrued market discount upon the New Holdco Contribution if the New Holdco Contribution is treated as a Section 351 Exchange with respect to such Holder.

  • Subject to certain exceptions, such gain or loss generally should be capital in nature and should be long-term capital gain or loss to the extent the Holder has a holding period for its Equity Interest (which generally should include such Holder’s holding period for the debt obligation underlying the surrendered Allowed Term Loan Facility Claim) of more than one year.

  • A Holder of an Allowed Term Loan Facility Claim that is subject to this treatment should recognize gain or loss equal to the difference between (i) the fair market value of the shares of New Holdco Common Stock and (ii) the Holder's adjusted tax basis in its New Opco Common Units.

  • A Holder’s holding period for its pro rata share of the Subordinated Notes received in exchange for an Allowed Term Loan Facility Claim should begin on the day following the Effective Date.

  • Holders that exchange an Allowed Term Loan Facility Claim for a pro rata share of the Subordinated Notes are urged to consult their own tax advisors regarding the application of these rules to the Subordinated Notes.

  • A Holder’s holding period for its New Holdco Common Stock should include the holding period for the New Opco Common Units (which generally should include such Holder’s holding period for the debt obligation underlying the surrendered Allowed Term Loan Facility Claim).

  • A Holder’s holding period for the New Opco Common units should include such Holder’s holding period for debt obligation underlying the surrendered Allowed Term Loan Facility Claim.


More Definitions of Term Loan Facility Claim

Term Loan Facility Claim means any Claim arising under, derived from, or based

Related to Term Loan Facility Claim

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

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

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

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

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • 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.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan Advances are each defined in Section 2.1.1(a).

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

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.