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

  • 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.

  • 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.

  • 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.

  • In addition, less formal mechanisms such as Client satisfaction surveys and modalities of engaging the private sector – service providers – at local level have yet to be consolidated.▪ Some progress has been achieved against non-programmatic elements such as a clear sector strategy, the ASDS, and structures set up for aid coordination, the Food and Agriculture Sector Working Group (FASWOG).

  • In April 2016, after eight weeks of negotiations, the Club Lenders agreed to provide up to $25.5 million in short term working capital (the “Short Term Working Capital Facility”), subject to certain conditions being met.28 Isherwood ¶ 48.

  • Id. From September 2014 to June 2016, the Pacific Andes Group repaid more than $650 million to its creditors, including to reduce the debt of the Club Lenders, as follows: to (i) Standard Chartered by more than $172 million, (ii) Rabobank by more than $67 million, (iii) DBS by more than $33 million, and (iv) more than $102 million to HSBC.

  • On September 10 and 11, 2015, Deloitte held a number of meetings with the Club Lenders.

Related to Club Lenders

  • Bank Lenders means the lenders from time to time 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 has the meaning specified in the recitals hereto.

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

  • 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 an outstanding Term Loan.

  • Prepetition Lenders means those lenders party to the Prepetition Credit Agreement from time to time.

  • 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.

  • 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 outstanding, (b) Revolving L/C Exposures and (c) Available Unused Commitments that, taken together, represent more than 50% of the sum of (x) all Revolving Facility Loans outstanding, (y) all Revolving L/C Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C 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 the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • New Revolving Lender as defined in Section 2.24.

  • 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.