Credit Facility Lender definition

Credit Facility Lender means, as of any date, a holder of Credit Facility Debt on such date.

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Credit Facility Lender. (as defined in Section 5.2(b)) and to make withdrawals to pay Practice Expenses on a monthly basis. Manager will transfer pursuant to Section 5.1 an amount equal to the excess of Net Practice Revenues over Practice Expenses by the 25th day of each month with respect to the preceding calendar month to an account designated by Practice from which Practice will pay Physician Expenses and for any other purposes Practice may determine from time to time. Any funds in the Physician Deposit Account which are not made available to Manager due to any revocation of its authority under the Billing Agreement shall be deemed delivered to Practice for purposes of this section. Manager shall maintain its accounting records in such a way as to clearly segregate the deposit of Net Practice Revenues and the payment of Practice Expenses and other transfers from such deposit account from other funds of Manager. Practice and Manager hereby agree to execute from time to time such documents and instructions as shall be required by the Credit Facility Lender and mutually agreed upon to effectuate the foregoing provisions and to extend or amend such documents and instructions.

Credit Facility Lender means (a) each Lender and (b) each “Lender” (or equivalent term) under any Replacement Credit Facility.

Examples of Credit Facility Lender in a sentence

• Notwithstanding the foregoing, the Practice agrees and consents to the Manager granting to the Credit Facility Lender a security interest in all of the Manager's right, title and interest in and under this Agreement as security for the Manager's obligations under a guaranty of all of the Parent's indebtedness and other obligations owing to the Credit Facility Lender.

• As a result, no Revolving Credit Facility Lender shall be prevented from taking proceedings relating to a Dispute in any other courts with jurisdiction.

• Borrower irrevocably waives the right to direct the application of any and all payments received at any time by any Credit Facility Lender from or on behalf of Borrower and specifically waives any provisions of the law of the State of New York or any other Applicable Law giving Borrower the right to designate application of payments.

• Each Credit Facility Lender hereby irrevocably appoints and authorizes Security Agent to take such action as agent on its behalf and to exercise such powers under the Collateral Documents and any other Loan Documents as are delegated to Security Agent by the terms thereof or are reasonably incidental, as determined by Security Agent, thereto.

• Neither Agent’s nor any Credit Facility Lender’s failure, at any time or times, to require strict performance by Borrower of any provision of any Loan Document, nor Agent’s or any Credit Facility Lender’s failure to exercise, nor any delay in exercising, any right, power or privilege under this Agreement, (a) shall waive, affect or diminish any right of such Agent or any Credit Facility Lender thereafter to demand strict compliance and performance therewith, or (b) shall operate as a waiver thereof.

More Definitions of Credit Facility Lender

Credit Facility Lender means each financial institution that is a lender under the Credit Agreement from time to time and each financial institution that is a lender under any other Credit Facility from time to time.

Credit Facility Lender. Credit Facility Agreement" "Credit Facility Loan Documents" "Guarantors" "Indenture" "Indenture Collateral" "Maximum Amount" "Trustee"

Credit Facility Lender. [NAME OF SENIOR LENDER] By: ---------------------------

Credit Facility Lender means the “Lenders” that are from time to time party to the Credit Facility Documents.

Credit Facility Lender means any one of them.

Credit Facility Lender. (as defined in Section 5.5(c)), of which Manager shall be the owner and from which Manager shall have the sole right to make withdrawals ("Account"). Manager shall maintain its accounting records in such a way as to clearly segregate Net Clinic Revenues from other funds of Manager. Practice hereby appoints Manager as its true and lawful attorney-in-fact to deposit in the Account all Net Clinic Revenues collected. Practice and Manager hereby agree to execute from time to time such documents and instructions as shall be required by the Credit Facility Lender and mutually agreed upon to effectuate the foregoing provisions and to extend or amend such documents and instructions. Any funds in the Physician Deposit Account which are not made available to Manager due to any revocation of its authority under the Billing Agreement shall, at Manager's election, be deemed delivered for purposes of this section.

Credit Facility Lender means any Third Party of which the Company and the other Members have been notified in writing by either a Member or such Third Party that such Third Party has rights with respect to a Member’s Member Interest under any Credit Facility Encumbrance.