Exit Financing definition

Exit Financing means the financing under the Exit Facility.
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Exit Financing means, together, (a) a senior secured or unsecured term loan and/or the issuance of senior secured or unsecured notes which, in the aggregate, have a principal amount of $750 million and (b) a senior secured revolver facility up to a principal amount of $250 million entered into pursuant to an Exit Credit Facility Agreement.
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Exit Financing means the debt instruments to be issued or executed as part of any exit financing facility or other lender arrangement obtained by the Debtors prior to the Effective Date (excluding the New Subordinated Notes) in form and substance reasonably acceptable to the GenOn Steering Committee and, to the extent they are Exit Financing Parties, the Backstop Parties, which may include the New Senior Secured Notes, the New Exit Credit Facility Term Loans, the New Exit Credit Facility Revolving Loans, and/or one or more alternative financing instruments issued and/or executed in connection with the Exit Financing.
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Examples of Exit Financing in a sentence

  • Lessor hereby approves of the standard Leasehold Mortgage form draft that was forwarded to Lessor's counsel on February 28, 2001 and that is intended to be used in connection with the Tenant Senior Secured Notes and further agrees that it would approve the same form for use in connection with the Exit Financing; provided, however, that such approval shall not constitute an agreement by Lessor to be bound by the terms of any such Leasehold Mortgage.

  • After the Original Confirmation Order was entered by the Bankruptcy Court, but before the Effective Date occurred, CCM requested the inclusion of certain covenants in the Original Exit Financing.

  • All conditions precedent to closing the Exit Financing (other than any failure of a condition precedent due to the breach, action or inaction of Company) shall have been satisfied or waived and the Exit Financing shall have been consummated in accordance with the material terms contained in the Credit Agreements and the Senior Secured Notes Indenture; provided that the failure to consummate is not the result of the breach, action or inaction of Company.

  • All conditions precedent to the closing of the Exit Financing shall have been satisfied or waived and the Exit Financing shall have been consummated in accordance with the material terms contained in the Credit Agreements and the Senior Secured Notes Indenture; provided that failure of this condition precedent shall not affect the obligations of the Purchaser under, or the terms of, Section 3.5(b)(ii) or Section 11.2(c).

  • Exit Financing To the extent necessary after the Rights Offering, the Reorganized Debtors shall be funded on the Effective Date by a new first lien, senior secured exit facility (the “Exit Facility”), which Exit Facility shall be in form and substance acceptable to the Supporting Noteholders.


More Definitions of Exit Financing

Exit Financing means such financing agreement(s) or commitment(s) as the Debtors may enter into to provide the Reorganized Debtors with appropriate credit availability.
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Exit Financing means that certain financing to finance the Reorganization Plan expected to be composed of the Senior Term Loan Facility, the ABL Facility, the Euro Securitization, the Notes and the First Lien Notes.
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Exit Financing means that certain exit financing contemplated by the New Credit Agreement (as defined by the Amended Plan).
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Exit Financing means a secured loan facility of no less than $1 million to be provided by an affiliate of the Debtor on terms substantially similar to (but no less favorable to the Debtor) the terms of the DIP Facility.
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Exit Financing means the debt instruments to be issued or executed as part of the Exit First Lien Term Loan Facility, the Exit Second Lien Term Loan Facility, and any additional exit financing that may be obtained by Reorganized Quoizel, as determined by the Initial Plan Sponsors.
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Exit Financing means, together, (a) a senior secured or unsecured term loan and/or the
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Exit Financing means that certain financing to finance the Reorganization Plan expected to be composed of the Senior Term Loan Facility, the ABL Facility, the Euro Securitization, the Plan Roll-Up Notes and the Notes.
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