Departing Lenders has the meaning assigned to such term in the preamble to this Agreement.
Departing Lenders is defined in Section 11.29 hereof.
Departing Lenders means Lenders, if any, that desire to assign all of their rights and obligations as Lenders under the Credit Agreement to the other Lenders and to no longer be parties to the Credit Agreement.
Examples of Departing Lenders in a sentence
The Lenders (as defined below) have agreed to assume the Existing Loans of the Existing Lenders that are not also Lenders hereunder (the “Departing Lenders”), and have made arrangements with the Departing Lenders to repay in full on the Effective Date (as defined below) the principal amount of the Existing Loans made by such Departing Lenders.
Subject to the terms and conditions set forth herein, on the Effective Date the Lenders shall pay to the Departing Lenders an amount equal to the outstanding principal amount of the Existing Loans made by such Departing Lenders and shall assume such Existing Loans.
More Definitions of Departing Lenders
Departing Lenders means those lenders that are parties to the Existing Credit Agreement, but are not parties to this Agreement as of the Closing Date.
Departing Lenders means the Original Lenders that are not Continuing Lenders.
Departing Lenders means those lenders party to the Prior Credit Agreement which are not signatories to this Agreement.
Departing Lenders has the meaning ascribed thereto in Section 14.6.
Departing Lenders means all Term Lenders with outstanding ----------------- Term Loans under the Existing Credit Agreement that do not consent to the amendment and restatement of the Existing Credit Agreement pursuant to the Amended and Restated Credit Agreement.
Departing Lenders means persons that were lenders under the Pre-Restatement Credit Agreement and are not Lenders under this Agreement.
Departing Lenders means each “Non-Consenting Lender” under and as defined in the Existing Credit Agreement with respect to the amendment and restatement of the Existing Credit Agreement evidenced hereby.