Exit Lender definition
Examples of Exit Lender in a sentence
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.
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 Exit Lender and the Exit ABL Agent shall have received all fees required to be paid, and all expenses (including the reasonable and documented fees and expenses of legal counsel) for which invoices have been presented (so long as such invoices have been presented at least two Business Days prior to the Exit Facility closing date).
Without limiting the restrictions on the incurrence of Liens set forth in the Surety Credit Documents, Indemnitor will not, without the prior written consent of Surety, permit any Person other than Exit Lender, or any agent on behalf of Exit Lender, to have a Lien on any of the Facilities, Personalty, or Equipment, unless such Person agrees to be bound by the terms and provisions of this Section 36 and Section 11 of this Agreement.
Upon repayment of the Wholesale Flooring A Exit Amount, the Wholesale Flooring A Facility Limit shall be reduce by an amount equal to the Applicable Percentage of Wholesale Flooring A Facility Limit of the Wholesale Flooring A Exit Lender.