Existing Secured Lender definition

Existing Secured Lender means LIMAB.
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Existing Secured Lender means Laurus Master Fund, Limited.
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Existing Secured Lender means JP MorganChase Bank, as Administrative Agent for the Lenders under that certain 3-Year Credit Agreement dated as of June 28, 2002.
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Examples of Existing Secured Lender in a sentence

  • Felger, Esq., and Simon Fraser, Esq., e-mail: mfelger@cozen.com and sfraser@cozen.com; (ii) counsel for the Debtors’ Existing Secured Lender: Vinson & Elkins, The Grace Building, 1114 Avenue of the Americas, 32nd Floor, New York, NY 10036, Attn: Steven M.

  • Notwithstanding anything to the contrary contained herein, any Allowed Administrative Expense Claims in respect of Prepetition Adequate Protection Rights shall be deemed discharged, satisfied and released as provided in Section 3.5 of the Plan with respect to the Existing Secured Lender, and Section 3.6 of the Plan with respect to the Rollup Noteholders.

  • For purposes of the Plan, the Holders of the Existing Secured Lender Claims in Class 1, the Holders of the Rollup Notes Claims in Class 2, and the Holders of the General Unsecured Claims in Class 6 are the only Impaired Classes that are entitled to vote on the Plan.

  • Under the Plan, the Existing Secured Lender Claims (Class 1), the Rollup Note Claims (Class 2), and the General Unsecured Claims (Class 6) are Impaired and, therefore, entitled to vote on the Plan.

  • The Ballots, and the related solicitation materials delivered together herewith, are being furnished for purposes of soliciting votes on the Plan to (i) Holders of the Existing Secured Lender Claims (Class 1), and (ii) Holders of the Rollup Note Claims (Class 2), and (iii) General Unsecured Claims (Class 6) which are the only Impaired classes of Claims entitled to vote on the Plan.

  • A Holder of an Existing Secured Lender Claim shall be required to execute and deliver to the Reorganized Debtors a signature page to the New Stockholders’ Agreement as a condition precedent to receiving any distribution of New Common Stock pursuant to the Plan.

  • The conditions to Confirmation and the Effective Date set forth in Article XI of the Plan may be waived by the Debtors (with the consent of the Existing Secured Lender and the DIP Lender) without notice, leave, or order of the Bankruptcy Court or any formal action other than proceedings to confirm or consummate the Plan.

  • On or as soon as practicable after the Effective Date, Holders of Existing Secured Lender Claims, in full and final satisfaction, release, settlement, and discharge of such Existing Secured Lender Claims and any Prepetition Adequate Protection Rights, shall receive one hundred percent (100%) of the New Common Stock, subject to dilution by any future issuance of New Common Stock.

  • As discussed below and in the Plan, the Debtors intend to apply for a grant from the RRF to fund Plan payments and post- bankruptcy operations, which, together with a $1 million capital contribution from the Existing Secured Lender, funds from Employee Tax Credits, and funds from operations, and other sources, will fund the Debtors’ obligations in the Plan.

  • Jenkins (Spring Valley Real Estate Development, L) 10 16-14743-MDCPatelka Dental Management, LlcCH: 11A) Motion To Use Cash Collateral Of Existing Secured Lender, In Addition To Motion For Adequate Protection For Use And Presribing Form And Manner Of Notice And Setting The Time For The Final Hearing Filed By Patelka Dental Management, Llc Represented By Anne M.

Related to Existing Secured Lender

  • Secured Lender means a lender under a Secured Lender’s Security Agreement.

  • Existing Security Documents shall have the meaning assigned to such term in the recitals hereto.

  • Existing Security Agreement shall have the meaning set forth in the recitals.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Subordinated Lender means each Seller, in its capacity as subordinated lender pursuant to the relevant Subordinated Loan Agreement.

  • Existing Security means any Security granted by any Person over its Assets in respect of any Relevant Indebtedness and which is existing at the relevant Issue Date or at the time any such Person becomes a Material Subsidiary or whose business and/or activities, in whole or in part, are assumed by or vested in the Issuer or a Material Subsidiary after the relevant Issue Date (other than any Security created in contemplation thereof) or any substitute Security created over those Assets (or any part thereof) in connection with the refinancing of the Relevant Indebtedness secured on those Assets provided that the principal, nominal or capital amount secured on any such Security may not be increased;

  • Existing Secured Notes means the previously issued debt securities of the Issuers outstanding on the date hereof.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Refinancing Lender means, at any time, any bank, other financial institution or institutional investor that agrees to provide any portion of any Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.28; provided that each Refinancing Lender (other than any Person that is a Lender, an Affiliate of a Lender or an Approved Fund of a Lender at such time) shall be subject to the approval of the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) (such approval not to be unreasonably withheld or delayed), in each case to the extent any such consent would be required from the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) under Section 10.4(b) for an assignment of Loans or Commitments to such Refinancing Lender.

  • Controlling Secured Parties means, with respect to any Shared Collateral, the Series of First Lien Secured Parties whose Authorized Representative is the Applicable Authorized Representative for such Shared Collateral.

  • Terminated Lender as defined in Section 2.23.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Non-Controlling Secured Parties means, with respect to any Shared Collateral, the First Lien Secured Parties which are not Controlling Secured Parties with respect to such Shared Collateral.

  • Declining Lender has the meaning specified in Section 2.05(c).

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Performing Second Lien Bank Loans means Second Lien Bank Loans which are Performing.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

  • Approved Lender is defined in Section 12.1.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Continuing Lender as defined in Section 2.17(a).

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;