Existing Secured Lender definition

Existing Secured Lender means LIMAB.
Sample 1Sample 2Sample 3
Existing Secured Lender means Laurus Master Fund, Limited.
Sample 1
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.
Sample 1

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.

  • These include specialist mental health services, general health services and services outside the health sector, provided in both residential and ambulatory care settings.

  • 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.

  • Finally, from time to time as determined by the Litigation Trust Committee, the holders of Existing Secured Lender Claims shall receive their Pro Rata share of sixty percent (60%) of any of the Preference Claim Litigation Trust Proceeds available on the dates that such proceeds are distributed by the Litigation Trust Committee.

  • After the Administrative Agent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Section 3.01 of the Common Terms Agreement, the Administrative Agent shall make such funds available to the Intercreditor Agent for further application to the repayment of the Existing Secured Lender Debt.

  • 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.

  • Upon Plan Effectiveness, a portion of each Special Lender's Existing Secured Lender Claims shall be automatically converted to a term loan hereunder payable by the Company to such Lender (each such loan, a "Special Loan") in an amount equal to the amount of Special Loan set forth opposite such Lender's name on Schedule 2.1.

  • Because these obligations are included in the Existing Secured Lender Claims, they are subject to the treatment set forth in Sections 2.1.2, 2.1.3 and 2.1.4 and shall be converted into Loans on Plan Effectiveness.

  • Finally, from time to time as determined by the Litigation Trust Committee, the holders of Existing Secured Lender Claims shall receive their Pro Rata share of sixty percent (60%) of any of the then available Preference Claim Litigation Trust Proceeds.

  • The proceeds of the Borrowing shall be applied, and the Borrower agrees that it shall use such proceeds solely, to refinance the Borrower’s Existing Secured Lender Debt.

Related to Existing Secured Lender

  • Secured Lender means an individual or organization originating a loan in a real estate or business opportunity transac- tion secured by real estate or by the assets of a business or a busi- ness opportunity.

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

  • Existing Security Agreement has the meaning set forth in the recitals hereto.

  • 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 has the meaning assigned to such term in Section 2.23(c).

  • 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 2.19.

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

  • Existing Lenders as defined 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 the holders of Subordinated Debt.

  • 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 Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • 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 means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • DIP Lender means a lender under the DIP Facility.