Club Lenders definition

Club Lenders means (as applicable) either the lenders of record or, the underlying economic participants of the Indebtedness payable under the Club Loans from time to time.
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Club Lenders shall have the meaning set forth in the second recital to this Agreement.
Sample 1

Examples of Club Lenders in a sentence

  • C The 363 Transaction will be structured as a transfer of the entire issued share capital of CFGI to the Club Lenders and the Noteholders.

  • In the alternative, a Chapter 11 Plan will contemplate the transfer of the entire issued share capital of CFGI to the Club Lenders and the Noteholders.

  • Other customary mandatory pre-payment events including upon the occurrence of a change of control which results in the Club Lenders and the Noteholders in aggregate beneficially owning or exercising control of no more than 50% of NewCo Equity.

  • Mandatory offer to repurchase NewCo must make an offer to purchase all the outstanding New Notes at a price equal to 101% of their principal amount plus accrued and unpaid interest upon a change of control event which results in the Club Lenders and Noteholders in aggregate beneficially owning or exercising control of no more than 50% of NewCo Equity.

  • Shortly after the expiration of the eighth waiver agreement, HSBC- HK broke ranks with the other Club Lenders and on November 25 and 27, 2015, respectively, it commenced winding-up proceedings against CFIL and CFGL in Hong Kong and the Cayman Islands.

  • Over the next several months, the Club Lenders agreed to eight separate extension and waiver agreements with respect to the Club Facility.

  • The Club Lenders extended the Club Facility to help finance a corporate restructuring of the Peruvian Business, including the satisfaction of debt incurred in connection with the acquisition of that business.

  • This restricted panel, excluding the Direct Mortgage Club Lenders is the “Specialist Panel”.

  • The Rule 2004 Decision makes factual findings based on an undisputed record.19 The Court observed the extent of the relationship between HSBC and the Debtors as their primary bank; the Debtors’ repayment of loans totaling $102 million to HSBC; the extent to which HSBC “broke ranks” with the other Club Lenders by commencing the Hong Kong and Cayman Islands liquidation proceedings and seeking the ex parte appointment of the JPLs; andHSBC’s execution of the Deed of Undertaking with CFGL and CFIL.

Related to Club Lenders

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

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

  • Existing Lenders as defined in the recitals hereto.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

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

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

  • Facility Lender Any lender(s) or tax equity financing party providing any Facility Debt and any successor(s) or assigns thereto, collectively.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

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

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

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

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

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

  • Prepetition Lenders means the Persons identified as "Lenders" under the Prepetition Credit Agreement, in their capacities as lenders under the Prepetition Credit Agreement, together with their successors and permitted assigns.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • 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 Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • 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.

  • Refinancing Revolving Lender has the meaning assigned to such term in Section 2.26(a).

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

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • 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.

  • DIP Lender means a lender under the DIP Facility.

  • 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).

  • Revolving Credit Lenders means, collectively, all of the Lenders with a Revolving Credit Commitment.

  • New Revolving Lender as defined in Section 2.24.