Examples of Tranche A Credit Facility in a sentence
In addition, under the terms of an inter-creditor agreement, the proceeds of any enforcement of the security under the deed of trust would be applied first to repay any obligations outstanding under the Tranche A Credit Facility.
The New Tranche A Term Notes shall be issued by PCA or its successor in interest to such persons as are entitled thereto pursuant to Section 7.1 of the Plan in the form of a New Tranche A Indenture Note issued pursuant to the New Tranche A Indenture or a New Tranche A Loan Note issued pursuant to the New Tranche A Credit Facility (but not a combination thereof) in accordance with the following provisions of this Section 9.1(j).
As a condition to the delivery of New Tranche A Loan Notes, each holder electing to receive a New Tranche A Loan Note will be required to (i) represent and warrant that such holder is not an "underwriter" as such term is defined in Section 1145(b)(1) of the Bankruptcy Code and (ii) agree to be bound by the terms with respect to and the agreements of "Lenders" contained in the New Tranche A Credit Facility as if such holder were a party thereto.
In addition, under the terms of an inter-creditor agreement, the proceeds of any enforcement of the security under the deed of trust will be applied first to repay any obligations outstanding under the Tranche A Credit Facility.
The Tranche A Credit Facility shall have been fully disbursed or the unutilized Tranche A Commitment shall have been reallocated to the Tranche B Credit Facility.