Debtor Loan Parties definition

Debtor Loan Parties shall have the meaning set forth in the preamble hereto.
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Debtor Loan Parties means the Borrower and each other Loan Party that is a Debtor.
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Debtor Loan Parties has the meaning specified in the introductory paragraph hereto.
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Examples of Debtor Loan Parties in a sentence

  • Upon the entry of each of the Interim Financing Order and the Final Financing Order, each such Financing Order and the Loan Documents are sufficient to provide the DIP Superpriority Claims and security interests and Liens on the Collateral of the Debtor Loan Parties described in, and with the priority provided in, Section 2.17.

  • To manage the Debtor Loan Parties’ exposure to interest rate fluctuations, the Debtor Loan Parties use interest rate swaps to effectively fix a part of their floating rate debt obligations (collectively, the “Interest Rate Swaps”).

  • Subject to the entry of, and the terms of the Bankruptcy Court Orders (with respect to the Debtor Loan Parties), this Agreement is, and the other Loan Documents when executed and delivered will be, the legally valid and binding obligations of the applicable parties thereto, each enforceable against each of such parties, as applicable, in accordance with their respective terms.

  • Upon entry of each of the Interim Financing Order and the Final Financing Order, each such Financing Order shall be effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, a legal, valid, enforceable and perfected security interest in the Collateral of the Debtor Loan Parties and proceeds thereof.

  • On October 16, 2020, DBNY, the Debtor Loan Parties, and Alter Domus (US) LLC (“ Alter Domus” or the “Agent”) executed an Agency Assignment Agreement wherein DBNY resigned as administrative agent, collateral agent and security trustee under the Term Loan B Credit Agreement and Alter Domus became successor administrative agent, collateral agent and security trustee under the Term Loan B Credit Agreement.

  • As of the Petition Date, the Debtor Loan Parties have approximately $2.7 billion outstanding under the Term Loan B Credit Agreement.

  • Neither the Debtor Loan Parties nor the Parent shall have the right to assign any of their rights hereunder or any interest herein.

  • LYONDELL CHEMICAL COMPANY, as Borrowers’ Agent By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Authorized Person [SIGNATURE PAGE TO AMENDMENT TO SENIOR CREDIT AGREEMENT] The Debtor Loan Parties BASELL FINANCE USA INC.

  • The Debtor Loan Parties and the Parent hereby ratify each of their respective obligations under the Credit Agreement and the Loan Documents to which they are a party, and agree and acknowledge that the Credit Agreement and each of the other Loan Documents shall continue in full force and effect as amended and modified by this Amendment.

  • The Amendment shall be binding upon and inure to the benefit of the Agent, the Lenders, the Debtor Loan Parties and the Parent and each of their successors and permitted assigns.


More Definitions of Debtor Loan Parties

Debtor Loan Parties has the meaning as defined in the Intercreditor Agreement;
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Related to Debtor Loan Parties

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” under and as defined in the Second Lien Credit Agreement, as each such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Prepetition Secured Parties means the lender parties under the Prepetition Credit Facilities and the beneficial holders of the Prepetition Secured Notes.

  • DIP Lender means a lender under the DIP Facility.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Prepetition Lenders means the lenders under the Prepetition Credit Agreement.

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

  • Non-Loan Party means any Subsidiary of the Borrower that is not a Loan Party.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations, each Priority Lien Representative and the Collateral Trustee.

  • Credit Parties means the Borrower and the Guarantors.

  • Credit Party Obligations means, without duplication, (a) all of the obligations of the Credit Parties to the Lenders (including the Issuing Lender) and the Administrative Agent, whenever arising, under this Credit Agreement, the Notes, or any of the other Credit Documents to which any Credit Party is a party and (b) all liabilities and obligations owing from such Credit Party to any Lender, or any Affiliate of a Lender, arising under Hedging Agreements.

  • Prepetition Loan Documents means the “Loan Documents” as defined in the Prepetition Credit Agreement.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.