Existing Grantors definition

Existing Grantors and each individually as an “Existing Guarantor” or “Existing Grantor”), Vapor Shark Miami, LLC, a Florida limited liability company (“VP Miami”), Vapor Shark Hallandale, LLC, a Florida limited liability company (“VP Hallandale”), Vapor Shark Xxxxxxx, LLC, a Florida limited liability company (“XX Xxxxxxx”), Vapor Shark Pinecrest, LLC, a Florida limited liability company (“VP Pinecrest”), Vapor Shark Palmetto Bay, LLC, a Florida limited liability company (“VP Palmetto Bay”), Vapor Shark Flagami, LLC, a Florida limited liability company (“VP Flagami”), Vapor Shark Coral Springs, LLC (“VP Coral Springs” and together with VP Miami, VP Hallandale, VP Kendal, VP Pinecrest, VP Palmetto Bay, and VP Flagami, collectively, the “New Guarantors” and together with the Existing Guarantors, the “Guarantors”), Prospect Capital Corporation, a Maryland corporation, as administrative agent (in such capacity, the “Administrative Agent”) for the Lenders and the other Secured Parties (as defined in the Second Lien Guaranty and Security Agreement referred to below), and Fifth Third Bank, an Ohio banking corporation, as Administrative Sub-Agent (the “Administrative Sub-Agent”).
Sample 1
Existing Grantors shall have the meaning assigned thereto in the statement of purpose.
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Existing Grantors shall have the meaning set forth in the recitals.
Sample 1

Examples of Existing Grantors in a sentence

  • Existing Grantors have advised ABL Agent and Term/Notes Agent of the acquisition by United Pet Group, Inc.

  • A caveat to be mentioned though is that the decline in the arrest rate often seems to occurFigure 1: Arrest Rate of no-UI Men, 1981-2005 0,25 0,2 Arrest Rate0,15 0,1 18-192021-242 -2>30 0,05 01981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005YearSource: Own calculations on data from Statistics Denmark a bit later than the years when the reform was enacted.

  • Second Lien Guaranty and Security Agreement dated as of February 17, 2017, by and among the Existing Grantors, Existing Guarantors, and the Administrative Agent, for the benefit of the Secured Parties.

  • First Lien Guaranty and Security Agreement dated as of February 17, 2017, by and among the Existing Grantors, Existing Guarantors, and the Administrative Agent, for the benefit of the Secured Parties.

  • The Existing Grantors acknowledge and agree that, after giving effect to this Agreement, the security interests granted in the Existing Pledge and Security Agreement shall be continuing Liens for the benefit of Royal Bank of Canada, as Collateral Agent for the Secured Parties.

  • The Borrower, the Original Administrative Agent, the Existing Grantors and the Debtors party hereto desire to amend and restate (but not novate) the Borrower Security Agreement and the Subsidiary Security Agreement.

  • The Existing Grantors, the Administrative Agent and the lenders party thereto as “Lenders” (each individually, a “Lender” and collectively, the “Lenders”) have previously entered into that certain Credit Agreement, dated as of March 2, 2015 (as amended, restated, supplemented, or otherwise modified from time to time in accordance with its terms, the “Credit Agreement”), pursuant to which the Lenders have made certain loans and financial accommodations available to the Borrower.

  • The undersigned and the Existing Grantors agree that Exhibit A attached to this Amendment shall replace the corresponding exhibits in the Security Agreement and that the perfection certificate attached to this Amendment shall replace the Perfection Certificate referenced in the Security Agreement.

  • Existing Grantors have advised ABL Agent and Term/Notes Agent of the acquisition by the Company, directly or indirectly, of all of the equity interests in New Grantors.

  • Each of the Existing Grantors hereby acknowledges and agrees to the Amended and Restated Credit Amendment, and further acknowledges and agrees that the Obligations under the Existing Credit Agreement, as amended by the Amended and Restated Credit Amendment, may be increased and that the Obligations thereunder and under the other Loan Documents remain in full force and effect as of the date hereof.


More Definitions of Existing Grantors

Existing Grantors is defined in the recitals.
Sample 1
Existing Grantors means, collectively, the Existing Guarantors and the Borrower.
Sample 1
Existing Grantors means Pattern US Finance Company LLC, Pattern Gulf Wind Equity LLC, Nevada Wind Holdings LLC, Santa Xxxxxx Holdings LLC, Hatchet Ridge Holdings LLC, Ocotillo Wind Holdings LLC, Panhandle Wind Holdings LLC and Panhandle B Member 2 LLC.
Sample 1
Existing Grantors means, collectively, the Borrower and each Subsidiary that is, or becomes, party to the Collateral Agreement.
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Related to Existing Grantors

  • Grantors shall have the meaning set forth in the preamble.

  • Additional Grantors shall have the meaning assigned in Section 5.3.

  • ABL Guarantors means the collective reference to (i) Holdings and each wholly owned Material Domestic Subsidiary (as defined in the ABL Credit Agreement) of the Borrower other than any Excluded Subsidiary (as defined in the ABL Credit Agreement), and (ii) any other Person who becomes a guarantor under any ABL Guaranty. The term “ABL Guarantors” shall include all “Guarantors” under and as defined in the ABL Credit Agreement.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Existing Credit Agreements has the meaning set forth in the recitals hereto.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Existing ABL Credit Agreement means that certain ABL credit agreement, dated as of April 19, 2013, among Petco Animal Supplies, Inc., the lenders party thereto, Bank of America, N.A., (as successor to Credit Suisse AG) as administrative agent, Xxxxx Fargo Bank, National Association, as collateral agent, and the subsidiaries of Petco Animal Supplies, Inc. from time to time party thereto, as amended by that certain First Amendment to the ABL Credit Agreement, dated as of November 21, 2014.

  • Term Secured Parties shall have the meaning assigned to that term in the introduction to this Agreement.

  • Second Priority Debt Parties means the Initial Second Priority Debt Parties and, with respect to any series, issue or class of Second Priority Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Second Priority Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Borrower or any other Grantor under any related Second Priority Debt Documents.

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

  • Amended Credit Agreement means the Existing Credit Agreement as amended hereby.

  • Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • Prior Credit Agreement has the meaning specified in the Recitals hereto.

  • U.S. Credit Parties means, collectively, the US Borrowers and the US Subsidiary Guarantors.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Additional Senior Debt Parties means, with respect to any series, issue or class of Additional Senior Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Additional Senior Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Borrower or any Guarantor under any related Additional Senior Debt Documents.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • Credit Agreement Secured Parties means the “Secured Parties” as defined in the Credit Agreement.

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • ABL Secured Parties means the ABL Representative, the ABL Creditors and any other holders of the ABL Obligations.

  • Warrantors means the Founders, the Founder Holdcos and the Group Companies.