Effective Date Lenders definition

Effective Date Lenders means each entity listed in Schedule 1 (Effective Date Lenders) being the Lenders, under the Original Revolving Facility Agreement as at the Effective Date.
Effective Date Lenders shall have the meaning specified in the definition of “Lenders”.
Effective Date Lenders means the Effective Date Facility A Lenders and the Effective Date Facility B Lenders.

Examples of Effective Date Lenders in a sentence

  • Subject to the terms and conditions of this Agreement, on, or within ten (10) days after, the Effective Date, Lenders agree, severally and not jointly, to make one (1) Term Loan (the “Initial Term Loan”) available to Borrower in an amount of at least Five Million Dollars ($5,000,000.00), according to each Lender’s pro-rata share of the Term Loan based upon the respective Commitment Percentage of each Lender.

  • On the Effective Date, Lenders shall have a legal, valid and continuing first preferred ship mortgage (as amended, supplemented or otherwise modified from time to time) over the whole of, and a perfected first lien on and security interest in, the Pool Vessels, and Lenders shall have a perfected first lien on and security interest in the Collateral subject only to Permitted Liens and all taxes, fees and other charges in connection therewith shall have been duly paid.

  • Notwithstanding anything else to the contrary provided herein, as long as no Event of Default under Sections 9.1, 9.4 or 9.5 is continuing, no Lender (including, without limitation, the First Amended and Restated Effective Date Lenders) shall be permitted to assign any Advances or Subsequent Advance Commitments (and/or the right to issue Subsequent Advance Commitments hereunder) to any Disqualified Person, Non-Funding Lender or an Impacted Lender.

  • On the Second Amendment Effective Date, Lenders made an additional term loan to Borrowers in the original aggregate principal amount of $3,647,863.24 (the “Second Amendment Term Loan”; and together with the Original Term Loan, the “Existing Term Loans”).

  • On or before the Restatement Effective Date, Lenders shall have received from Company (i) audited financial statements of Anagram International, Inc.

  • On or before the First Amendment Effective Date, Lenders and their respective counsel shall have received originally executed copies of one or more favorable written opinions of Gxxx Xxxxx, Counsel to Loan Parties, in form and substance reasonably satisfactory to Agent and its counsel, dated as of the First Amendment Effective Date, substantially in the form set forth in Annex C hereto and as to such other matters as Agent acting on behalf of Lenders may reasonably request.

  • We can restrict their ability to move about and communicate with their peers.

  • On or before the Sixth Amendment Effective Date, Lenders and their respective counsel shall have received duly executed copies of a waiver of the provisions of the Note Purchase Agreement through August 14, 1997, in form and substance satisfactory to Lenders.

  • Subject to the terms and conditions of this Agreement, on the Effective Date, Lenders agree, severally and not jointly, to make one (1) loan available to Borrower in an amount up to $8,000,000.00 (the “Term Loan”) (which must be used to pay in full and terminate the Existing Loan Agreements), according to each Lender’s pro-rata share of the Term Loan based upon the respective Commitment Percentage of each Lender.

  • From and after the Effective Date, Lenders shall be deemed to have waived their rights to pursue their remedies as a result of Borrower's failure to comply with Sections 7.21 and 7.22 of the Loan Agreement for the quarter ending June 30, 2000.


More Definitions of Effective Date Lenders

Effective Date Lenders means the Effective Date Facility A Lenders and the Effective Date Facility B Lenders. "Effective Date Obligor" means an Effective Date Borrower or an Effective Date Guarantor.

Related to Effective Date Lenders

  • Existing Lenders as defined in the recitals hereto.

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Increasing Lenders is defined in Section 2.14.

  • 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.

  • Continuing Lenders as defined in the recitals hereto.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

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

  • 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.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

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

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Revolver Extension Request has the meaning set forth in Section 2.16(b).

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

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

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • 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.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • 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).

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.