Existing Term Lenders definition

Existing Term Lenders is defined in the third recital hereto.

Existing Term Lenders those Lenders holding an Original Initial Term Loan immediately prior to the First Amendment Effective Date.

Existing Term Lenders means “Term Lenders” under and as defined in the Existing Credit Agreement.

Examples of Existing Term Lenders in a sentence

• On the Closing Date, the Existing Term Lenders made Existing Term Loans to the Borrower pursuant to Section 2.01(a) of this Agreement as in effect on the Closing Date.

• Simultaneously with the effectiveness of this Agreement, the Revolving Commitments of each of the Revolving Lenders and the Existing Term Loans of the Existing Term Lenders, in each case, as existing immediately prior to the Effective Date, shall be reallocated among the Lenders of the applicable Class so that the Revolving Commitments and Term Loans are held by the Lenders of the applicable Class as set forth on Schedule I attached hereto.

• The environmental and socioeconomic factors identified to correlate with nationwide soil variability in Uganda include geology and geomorphology (GEGE), climate (CL), land use and land management (LULUM), and socioeconomic factors (SOECO).

• Each of the parties hereto acknowledges and agrees that (x) this Amendment constitutes a Refinancing Amendment with respect to the establishment of the Repriced Term Loans provided by the Consenting Existing Term Lenders and (y) the Repriced Term Loans provided by the Consenting Existing Term Lenders and the Replacement Term Lenders constitute Repriced Term Loans incurred in accordance with Section 2.18 of the Credit Agreement.

• Optional prepayments of the Existing Term Loans made prior to April 28, 2007 with the proceeds of a substantially concurrent issuance or incurrence of new term loans or other syndicated financing (which shall be deemed to have occurred in the event of any repricing of the Existing Term Loans hereunder) shall be accompanied by a prepayment fee, for the account of the Existing Term Lenders, equal to 1.0% of the amount so prepaid.

More Definitions of Existing Term Lenders

Existing Term Lenders each Term Lender under and as defined in the Existing Credit Agreement.

Existing Term Lenders means Lenders holding Existing Term Loans under the Original Credit Agreement as in effect immediately prior to the Second Restatement Effective Date.

Existing Term Lenders means the Term Lenders immediately prior to the Second Amendment Effective Date.

Existing Term Lenders is defined in the fourth recital hereto.

Existing Term Lenders means Ableco Finance LLC and the other financial institutions party to the Loan and Security Agreement, dated as of December 18, 2003, between Borrowers and such financial institutions, and Ableco Finance, LLC, as Agent, as amended or modified through the Closing Date.

Existing Term Lenders means the lenders (or investment advisors or managers of lenders) holdings loans under the Existing Term Loan Credit Agreement.

Existing Term Lenders has the meaning assigned to that term in the Recitals.