Accordion Lenders definition

Accordion Lenders means after the Accordion Activation, the Lenders identified as “Accordion Lenders” on Schedule C-1 to this Agreement and, when used in the context of a particular Accordion Commitment, shall mean Accordion Lenders having that Accordion Commitment.
Sample 1
Accordion Lenders has the meaning set forth in Section 2.2(h).
Sample 1Sample 2
Accordion Lenders means the Lenders that shall be identified as "Accordion Lenders" on Schedule C-1 (as amended pursuant to subsection 2.1(f)(iii)) to this Agreement that shall have delivered to the Agent a Confirmation of Accordion Commitment and, when used in the context of a particular Accordion Commitment, shall mean Accordion Lenders having that Accordion Commitment.
Sample 1

Examples of Accordion Lenders in a sentence

  • In addition, to the extent any Lender hereunder agrees to make U.S. Advances pursuant to a request for an Accordion Activation, U.S. Borrowers shall pay Agent (for the ratable benefit of the Accordion Lenders, subject to any letter agreement between Agent and Accordion Lenders), a fee in an amount to be agreed upon by the U.S. Borrowers and the Agent.

  • Bank shall have received from Borrower payment of any Loan Fee and any and all other fees and expenses required by the Loan Agreement, as further amended by this Amendment, and any of the other Loan Documents then due.

  • Other than with respect to Facility B1 following the Closing Date, the Parent may, if it gives the Agent not less than five Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of EUR 1,000,000 (or its equivalent in other currencies) or, in respect of the Accordion Facility, any other amount in the relevant currency as agreed with the Accordion Lenders for the relevant Accordion Facility) of an Available Facility.

  • XxXxxxxx Title: Chief Financial Officer and Treasurer [Signatures for Administrative Agent and Accordion Lenders are on the following pages] ADMINISTRATIVE AGENT: JPMORGAN CHASE BANK, N.A., a national banking association By: /s/ Xxxx X.

  • Upon any such increase of that Accordion Lender's Individual Commitment with respect to the RT Facility, Schedule A hereto shall be deemed to be amended to increase the Individual Commitment of that Accordion Lender with respect to the RT Facility by the amount of such increase.

  • Accordion Loans may be Base Rate Loans or Eurodollar Rate Loans as agreed to, in writing, among the Borrower and the Accordion Lenders which must be approved by the Administrative Agent in writing (such approval not to be unreasonably withheld or delayed).

  • The Company may solicit potential Accordion Lenders for any proposed increase to the Total Revolving Facility Commitments by delivery of an Accordion Proposal to the Agent and each Lender.

  • The Borrower shall repay to the Accordion Lenders the aggregate principal amount of all Accordion Loans outstanding in accordance with any written agreement among the Accordion Lenders and the Borrower and which must be approved, in writing, by the Administrative Agent.

  • Each Accordion Borrowing shall consist of Accordion Loans made simultaneously by the Accordion Lenders in accordance with their respective Accordion Commitments and will be advanced in increments of at least $10,000,000.

  • The Administrative Agent shall have received counterparts of this First Amendment duly executed by each of the Loan Parties, the Administrative Agent, the Swing Line Lender, the L/C Issuer and the Accordion Lenders (constituting at least the Required Lenders) as required hereby and pursuant to the Credit Agreement.


More Definitions of Accordion Lenders

Accordion Lenders means any Lender which issues or increases its Commitment under Section 2.15 after the Threshold Date.
Sample 1
Accordion Lenders means any U.S. Lender which makes U.S. Advances to the U.S. Borrowers pursuant to Section 2.2.A(h) and identified as an “Accordion Lender” on Schedule C-1 to this Agreement, as set forth after an Accordion Activation.
Sample 1
Accordion Lenders. New Lender: Lenders described on the signature pages hereto as “Accordion Lenders” (which includes the New Lender)COMERICA BANK
Sample 1

Related to Accordion Lenders

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Prepetition Lenders means the lenders under the Prepetition Credit Agreement.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Requisite Revolving Lenders means Lenders having (a) more than 66 2/3% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Revolving Loan.

  • U.S. Lenders means the Lenders having U.S. Commitments or outstanding U.S. Loans.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Majority Revolving Credit Lenders means Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.