Affiliated Term Borrowers definition

Affiliated Term Borrowers means Diversicare Xxxxx Xxxx, LLC, Diversicare Briarcliff, LLC, Diversicare Xxxxxxx, LLC, Diversicare Hartford, LLC, Diversicare of Chanute, LLC, Diversicare of Council Grove, LLC, Diversicare of Haysville, LLC, Diversicare of Sedgwick, LLC, Diversicare of Xxxxxx, LLC, Diversicare of Windsor House, LLC, Diversicare Holding Company, LLC, Diversicare Kansas, LLC, Diversicare Hillcrest, LLC, Diversicare Lampasas, LLC and Diversicare Yorktown, LLC, each a Delaware limited liability company.
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Affiliated Term Borrowers means each of the Borrowers identified on Schedule 1.1(b) attached hereto, each a Delaware limited liability company.
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Affiliated Term Borrowers means Diversicare Afton Oaks, LLC, Diversicare Briarcliff, LLC, Diversicare Chisolm, LLC, Diversicare Hartford, LLC, Diversicare of Chanute, LLC,
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Examples of Affiliated Term Borrowers in a sentence

  • Borrower will derive substantial direct and indirect benefit (financial and otherwise) from funds made available to Affiliated Term Borrowers pursuant to the Term Loan Agreement, and it is and will be to Borrower’s and Affiliated Term Borrower’s advantage to assist each other in procuring such funds from Lenders.

  • Each Borrower (including the Affiliated Term Borrowers) is a direct or indirect subsidiary of Parent, and are Affiliates of each other.

  • Each Borrower will derive substantial direct and indirect benefit (financial and otherwise) from funds made available to Affiliated Term Borrowers pursuant to the Term Loan Agreement (including without limitation any “Acquisition Loan” made thereunder), and it is and will be to Borrower’s and Affiliated Term Borrower’s advantage to assist each other in procuring such funds from Lenders.

  • Each Borrower will derive substantial direct and indirect benefit (financial and otherwise) from funds made available to Affiliated Term Borrowers pursuant to the Term Loan Agreement (including without limitation any “Acquisition Loan” made thereunder) and Affiliate Revolving Borrowers pursuant to the Affiliate Revolving Loan Agreement, and it is and will be to Borrower’s, Affiliated Term Borrower’s and Affiliate Revolving Borrower’s advantage to assist each other in procuring such funds from Lenders.

  • Each Borrower (including the Affiliated Term Borrowers and Affiliate Revolving Borrowers) is a direct or indirect subsidiary of Parent, and are Affiliates of each other.


More Definitions of Affiliated Term Borrowers

Affiliated Term Borrowers means Diversicare Xxxxx Xxxx, LLC, Diversicare Briarcliff, LLC, Diversicare Xxxxxxx, LLC and Diversicare Hartford, LLC, each a Delaware limited liability company.
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Related to Affiliated Term Borrowers

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • New Term Lender a Lender that has a New Term Loan.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

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

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

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

  • Co-Borrowers means Wholly Owned Restricted Subsidiaries organized in any Applicable Jurisdiction from time to time designated by the Borrower to the Administrative Agent as “borrowers” with respect to Borrowings in accordance with Section 11.01, and “Co-Borrower” means any one of them.

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • Affiliated Lender Cap has the meaning set forth in Section 10.07(l)(iii).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Affiliated Lender means, at any time, any Lender that is the Sponsor or an Affiliate of the Sponsor (other than Holdings, the Borrower or any of their respective Subsidiaries) at such time.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • New Term Loans as defined in Section 2.24.

  • 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.

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

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

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

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.