Page 48 - Material Definitive News Today

Termination of a Material Definitive Agreement. In connection with the closing of the Merger, on the Closing Date, RigNet terminated all outstanding commitments under that certain Third Amended and Restated Credit Agreement, dated as of November 6, 2017, among RigNet, as borrower, certain of RigNets subsidiaries party thereto as guarantors, Bank of America, N.A., as administrative agent, swingline lender and L/C issuer, BBVA Compass, as syndication agent, the lenders party...

Independence Capital Corp. ("(ICC") entered into a Stock Purchase Agreement (the "Purchase Agreement") with Reliance Standard Life Insurance Company ("Reliance Standard") to sell all of the issued and outstanding capital stock of Standard Security Life Insurance Company of New York, an insurance company domiciled in the State of New York and wholly owned subsidiary of ICC ("Standard Security"), for an aggregate purchase price of $180 million in cash. In addition, in accordance with the Pur...

March 4, 2021 and is payable semi-annually in arrears each March 1 and September 1, commencing on September 1, 2021. The Notes are senior, unsecured obligations of the Company and rank equal in right of payment with all of its existing and future senior indebtedness (including all borrowings under the revolving credit facility (the "Corporate Revolver") and its 7.125% Senior Notes due 2026 (the "7.125% Notes")) and rank effectively junior in right of payment to all of its existing and future...