Credit Bid Amount

Credit Bid Amount. Means the Credit Bid and all other related consideration, including, but not limited to, any cash amounts or assumption of liabilities, for the 363 Sale, as determined by the First Lien Agent and Majority Consenting First Lien Lenders and contained in the Asset Purchase Agreement. For the avoidance of doubt, the Credit Bid to be submitted by the First Lien Agent and the Consenting First Lien Lenders shall be for 100% of the First Lien Claims, excluding the L/C Obligations which are to be... assumed by the NewCo Entities consistent with the Exit Financing Term Sheet. 3 View More