Examples of Term Loan Facility Lenders in a sentence
On the Effective Date, Reorganized IBC shall (i) issue up to 4,420,000 shares of New Common Stock to the Term Loan Facility Lenders (or their Permitted Affiliates) and (ii) issue 4,420,000 shares of New Common Stock to Equity Investors.
Therefore, the 2020 Amendment had the consent of neither the Majority Term Loan Facility Lenders nor the Required Lenders (the latter, because the improperly established Sham Revolver could not have been permissibly included).
Execution of the Exit Term Loan Facility Credit Agreement by the Exit Term Loan Facility Agent shall be deemed to bind all Holders of First Lien Claims and all Exit Term Loan Facility Lenders as if each such Holder or Exit Term Loan Facility Lender had executed the Exit Term Loan Facility Credit Agreement with appropriate authorization.
Therefore, the Proposed Amendment had the consent of neither the Majority Term Loan Facility Lenders nor the Required Lenders (the latter, because the improperly established Sham Revolver could not have been permissibly included).
Pursuant to the Weberstown Term Loan Documents, the Weberstown Borrower and WTM Stockton, LLC granted to the Weberstown Term Loan Agent, on behalf of the Weberstown Term Loan Facility Lenders, a first priority liens and security interests in the “Mall” (the “Weberstown Term Loan Facility Collateral”) under and as defined in the Weberstown Term Loan Facility Agreement to secure the Weberstown Term Loans and other Obligations (as defined in the Weberstown Term Loan Facility Agreement).
New Term Loan Facility Lenders means the lenders party to the New Term Loan Agreement.
The goal of these standards was to reduce and prevent the harms associated with substance abuse and gambling.
The turnout was extremely high at all five meetings, ranging from 91.7% (for the meeting for the Takeback Term Loan Facility Lenders) to 100% (for the meeting of the Escrow LC Facility Lenders).
The Consenting Revolving Credit Facility Lenders, the Consenting FLLO Term Loan Facility Lenders, and the Consenting Second Lien Noteholders will, pursuant to the RSA, agree to “opt in” to or not to “opt out” of, as applicable, the consensual “Third-Party” releases, including those granted to the Company Parties’ current and former officers, directors, and employees.
As of the Petition Date, the Prepetition Obligors were jointly and severally indebted and liable to the Term Loan Facility Lenders in an aggregate amount of approximately $3,114,786,736, which consisted of (x) approximately $3,095,000,000 in principal amount of term loans advanced under the Prepetition Credit Agreement, plus (y) approximately $19,786,736 on account of accrued and unpaid interest thereon as of the Petition Date.