Examples of First Lien Facility in a sentence
A portion of the proceeds was used towards repayment of the term loan under the First Lien Facility.
From and after the Effective Date, the Reorganized Debtors, subject to any applicable limitations set forth in any post-Effective Date agreement (including the New First Lien Facility Documentation, the New Second Lien Term Loan Documentation, and the New Organizational Documents), shall have the right and authority without further order of the Bankruptcy Court to raise additional capital and obtain additional financing as the boards of directors of the applicable Reorganized Debtors deem appropriate.
Holders of the subscription rights, which included the backstop parties (the “Backstop Parties” and together, the “Rights Offering Participants”), received the right to lend up to $300 million under the New First Lien Facility.
The location and nature of all sources of private or public water supply within two hundred feet (200’) [61 meters] of any boundary of said property are shown on the plat attached hereunto as Exhibit “B”.
The First Lien Facility was repayable in quarterly instalments of 0.25% of the outstanding loan balance, with the remaining balance to be repayable on June 5, 2025.