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

  • 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.


More Definitions of Exit Lender

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 the lender selected by PHMC in consultation with the Debtors who shall provide Effective Date financing to the Reorganized Debtors.
Exit Lender means the lender or lenders under the Exit Financing Facility.
Exit Lender means PNC Bank, National Association, or such other financial institution under the Exit Financing Documents.
Exit Lender means each lender that is a party to the Exit Credit Facility Agreement.
Exit Lender means the third party lender chosen by the Debtors to provide the Exit Financing Facility, whether it be Congress or the Alternative Lender.
Exit Lender means Sachem Capital, funding the Exit Loan.