Converting Lenders definition

Converting Lenders means, as the context requires, in connection with the Fourth Amendment, the Converting Term B-9 Lenders and the Converting Term B-10 Lenders, as applicable.
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Converting Lenders means each Existing Term Lender that (a) executes this Refinancing Amendment by selecting option A on its signature page hereto and (b) has a 2018 Other Term Commitment.
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Converting Lenders means a Converting 2007 Term Loan Lender, a Converting February 2012 Term Loan Lender, a Converting May 2012 Term Loan Lender and/or a Converting 2012 Incremental Term Loan Lender, as the context may require.
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Examples of Converting Lenders in a sentence

  • Clearwater Specific Plan (DZA 2006-03; GPA 2008-02) & North Old Mammoth Road District Special StudyThe Clearwater Specific Plan (CSP) was adopted by the Town Council on January 7, 2009.

  • The Revolving Commitments, outstanding Revolving Loans, outstanding Tranche A Term Loans and outstanding Tranche B Term Loans of all Lenders other than the Converting Lenders (the “Departing Lenders”) shall be repaid in full and terminated and each such Departing Lender shall cease to be a Lender under the Credit Agreement.

  • The Converting Lenders may, by written notice to HRT, reject any Designated Property for which HRT is unable to satisfy any of the requirements set forth in clause (a)(iii)(A) of this Section 2.01, in which case, HRT shall, by written notice to the Converting Lenders, promptly substitute another property of comparable value satisfactory to the Converting Lenders in their reasonable discretion.

  • The outstanding Initial Term Loans of all Lenders other than the Converting Lenders (the “Departing Lenders”) shall be repaid in full from the proceeds of the First Additional Term Loans and terminated and each such Departing Lender shall cease to be a Lender with respect to Term Loans under the Credit Agreement.

  • New Tranche B-2 Term Lender and duly executed signature pages of the Increasing Tranche B-2 Term Lenders, such that, upon execution by all New Tranche B-2 Lenders, Converting Lenders and Increasing Tranche B-2 Term Lenders, the aggregate principal amount of the Tranche B-2 Term Loans is equal to the principal amount of the Tranche B Term Loans outstanding immediately prior to the effectiveness of the amendments, acknowledgement, and agreements contained herein.

  • Each such Converting Lender hereby agrees that all of its Existing Term Loans (or a lesser amount allocated to such Converting Lenders by the Administrative Agent on or prior to the Amendment Effective Date) will be automatically exchanged for a like principal amount of 2018 Refinancing Term Loans on the Amendment Effective Date.

  • Each of the Amendment No. 3 Converting Lenders hereby agrees that each of their Converted Term Loans shall be deemed to be Term C-2 Loans on the Amendment No. 3 Effective Date as described in Exhibit A hereto.

  • On the Effective Date, (i) all of the shares of the New Common Stock shall be distributed to the Converting Lenders as provided in Section 3.2.3(c) of this Plan and (ii) the New PD LLC Notes shall be distributed to the Holders of Allowed PD LLC Notes Claims as provided in Section 3.3.3(c) of this Plan and pursuant to the terms of the New PD LLC Notes Documents.

  • Food consumed by a ruminant needs to feed the rumen as well as the animal and the balance between the two is important for animal well-being and productivity.

  • The outstanding Initial Term Loans of all Term Loan Lenders other than the Converting Lenders (the “Departing Lenders”) shall be repaid in full from the proceeds of the First Additional Term Loans and terminated and each such Departing Lender shall cease to be a Lender with respect to Term Loans under the Credit Agreement.


More Definitions of Converting Lenders

Converting Lenders means each Existing Term Lender that (a) executes this Refinancing Amendment by selecting boxes A and B on the Lender Election Form submitted by such Existing Term Lender in connection with this Refinancing Amendment on or prior to the Fourth Amendment Effective Date and attached hereto and (b) has a 2023 Other Term Commitment.
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Converting Lenders has the meaning specified in Section 2.01(b).
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Converting Lenders means those certain Holders (or an advisor, nominee, or investment manager for beneficial holder(s)) of Prepetition Credit Agreement Claims that elect to convert all or a portion of their funded Prepetition Credit Agreement Claims into an applicable share of the New Second Lien Term Loan by making the New Second Lien Term Loan Election and, for the avoidance of doubt, includes each Backstop Lender.
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Converting Lenders means each Existing Term Lender that (a) executes this Refinancing Amendment by selecting option A on its signature page hereto and (b) has a 2020 Other Term Commitment. (vii) “Non-Converting Lenders” means each Existing Term Lender that is not a Converting Lender. (viii) “Non-Converting Portion” means, with respect to any Converting Lender whose Conversion Amount is less than the outstanding principal amount of its Existing Term Loans on the Second Refinancing Amendment Effective Date, the excess (if any) of the aggregate principal amount of such Converting Lender’s Existing Term Loans over its 2020 Other Term Commitment. For the avoidance of doubt, if there is no such excess, the Non-Converting Portion with respect to such Converting Lender will be zero. The Non-Converting Portion will be determined by the Administrative Agent in consultation with the Borrower and all such determinations (absent manifest error) shall be final, conclusive and binding on the Administrative Agent, the Borrower, the Lenders and the other Secured Parties, and the Administrative Agent and the Borrower shall have no liability to any Person with respect to any such determination.
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Converting Lenders means the Converting Term B-7 Lenders and the Converting Term B-8 Lenders, as applicable.
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Related to Converting Lenders

  • Extending Lenders has the meaning specified in Section 2.08.

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

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • New Revolving Lender as defined in Section 2.24.

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

  • Existing Lenders as defined in the recitals hereto.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

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

  • 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).

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

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

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

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

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

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

  • Increasing Lenders is defined in Section 2.14.

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

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

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

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • 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.

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • 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.