Examples of Term Loan Guarantee in a sentence
Lien Guarantee and Collateral Agreement dated as of the date hereof among Holdings, Mid-Holdings, the Borrower, certain Subsidiaries of Mid-Holdings and the Senior Lien Term Loan Agent (the “Senior Lien Term Loan Guarantee and Collateral Agreement”), the Senior Lien Term Loan Guarantors have agreed, inter alia, to guarantee the payment and performance of the Borrower’s obligations under the Senior Lien Term Loan Documents.
Each party hereto agrees that each Credit Agreement, the Term Loan Guarantee and Collateral Agreements and the ABL Guarantee and Collateral Agreement shall contain the applicable provisions set forth on Schedule I hereto, or similar provisions approved by the ABL Agents and the Term Loan Agents, which approval shall not be unreasonably withheld or delayed.
Holders of Lombard (BALL) Term Loan Guarantee Claims and UK ABL Credit Facility Guarantee Claims in Class 9 are not entitled to vote to accept or reject the Plan.
This Agreement is intended to and does completely amend and restate, without novation, that certain Term Loan Guarantee and Collateral Agreement, dated October 25, 2013, by the Grantors party thereto in favor of the Collateral Agent (as amended or supplemented prior to the date hereof, the “Original Guarantee and Collateral Agreement”).
In full and final satisfaction of each Lombard (BALL) Term Loan Guarantee Claim and UK ABL Credit Facility Guarantee Claim, all Allowed Lombard (BALL) Term Loan Guarantee Claims and Allowed UK ABL Credit Facility Guarantee Claims shall be Reinstated.
Holders of Allowed Lombard (BALL) Term Loan Guarantee Claims and Allowed UK ABL Credit Facility Guarantee Claims in Class 9 are conclusively deemed to have accepted the Plan under section 1126(f) of the Bankruptcy Code.
The Company, Agent and Senior Lenders (as hereinafter defined) have entered into a Term Loan, Guarantee and Security Agreement dated as of June 19, 2019 (as amended, restated, supplemented or otherwise modified from time to time, the “Senior Loan Agreement”) pursuant to which, among other things, Senior Lenders have agreed, subject to the terms and conditions set forth in the Senior Loan Agreement, to make certain loans and financial accommodations to the Company.
Each party hereto agrees that each Credit Agreement, the Term Loan Guarantee and Collateral Agreements and the ABL US Guarantee and Collateral Agreement shall contain the applicable provisions set forth on Schedule I hereto, or similar provisions approved by the ABL Agent and the Term Loan Agents, which approval shall not be unreasonably withheld or delayed.
All capitalized terms not defined herein shall have the meaning ascribed to them in the Term Loan Guarantee and Collateral Agreement referred to below.
By: Name: Title: HORIZON GLOBAL CORPORATION By: Name: Title: HORIZON GLOBAL COMPANY LLC By: Name: Title: EXHIBIT C Form of Term Loan Guarantee and Collateral Agreement See attached.