Exit Lender definition

Exit Lender means the lender under the Exit Facility and party to the Exit Facility Agreement.

Exit Lender means (a) each Backstop Party and (b) as of any date, each other Person (not a Backstop Party) who (1) participated in the Rights Offering and purchased thereunder, or otherwise acquired pursuant to the Plan, shares of Series A Preferred Stock representing more than 5% of all shares of Series A Preferred Stock issued and outstanding on the Effective Date, and (2) has beneficially owned at all times since the Effective Date, and continues to beneficially own, as of such date, more than 5% of the issued and outstanding shares of Common Stock as conclusively shown:

Exit Lender means JPM.

Examples of Exit Lender in a sentence

• On the Effective Date, the Reorganized Debtors shall execute the Creditors Trust Agreement and shall execute and deliver to the Plan Sponsor and, if necessary, to an Exit Lender, documents necessary to implement the Plan, including, without limitation, (i) the New Equity Infusion Documents and (ii) Exit Financing Documents, if necessary.

• If the Reorganized Debtors need to find replacement floorplan financing, then the Reorganized Debtors are authorized to obtain Exit Financing and execute and deliver Exit Financing Documents to an Exit Lender on the Effective Date.

• On the Effective Date, the Reorganized Debtor is authorized to execute and deliver to the Exit Lender the Exit Financing Documents.

• It is acknowledged and agreed that EnrichmentCo may act as the Exit Lender and/or provide other intercompany secured funding to USEC, which shall be secured by all assets of USEC.

• Each Second Lien Exit Lender that is not a Defaulting Second Lien Exit Lender shall have the right, but not the obligation, to assume its pro rata share of the Second Lien Exit Commitments of a Defaulting Second Lien Exit Lender.

More Definitions of Exit Lender

Exit Lender means the lender or lenders under the Exit Financing Facility.

Exit Lender means the lender selected by PHMC in consultation with the Debtors who shall provide Effective Date financing to the Reorganized Debtors.

Exit Lender means an entity or financial institution, other than Ford Credit or GM Financial, that provides the Reorganized Debtors with replacement floorplan financing post- confirmation if this Plan is Confirmed under the Restructuring Alternative.

Exit Lender means a party or parties to be identified that will provide the Exit Loan.

Exit Lender means PNC Bank, National Association, or such other financial institution under the Exit Financing Documents.

Exit Lender means any lender that is a party to the Exit Credit Facility Agreement.

Exit Lender means Development Finance, L.P. or its assignee.