Facility Parties definition

Facility Parties means both of the foregoing.
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Facility Parties means all of the foregoing.
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Facility Parties means the Revolving Credit Parties, the Term Loan Parties, the Note Backup Parties and the Swap Parties.
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Examples of Facility Parties in a sentence

  • No notice to or demand on any Facility Party in any case shall entitle the Facility Parties to any other or further notice or demand in similar or other circumstances or constitute a waiver of the rights of the Agent, Collateral Agent or the Lenders to any other or further action in any circumstances without notice or demand.

  • The Agent, the Lenders and the Facility Parties and any other parties to the Loan Documents intend to contract in strict compliance with applicable usury law from time to time in effect.

  • The effectiveness of any such documents and signatures shall, subject to requirements of Applicable Law, have the same force and effect as manually-signed originals and shall be binding on all Facility Parties, the Agent and the Lenders.

  • Without prejudice to the survival of any other agreement of the Facility Parties hereunder and under the other Loan Documents, the agreements and obligations of the Facility Parties contained in this Section 11.05 shall survive the repayment of the Loans and other obligations under the Loan Documents and the termination of the Commitments hereunder.

  • Upon the consummation of any assignment pursuant to this Section 11.06(c), the assignor, the Agent and the Facility Parties shall make appropriate arrangements so that, if required, new Notes are issued to the assignor and the assignee.

  • The provisions of this Article X (other than Section 10.09) are solely for the benefit of the Agent and the Lenders and none of the Facility Parties nor the Collateral Agent shall have any rights as a third party beneficiary of the provisions hereof (other than Section 10.09).

  • To the best knowledge of the Facility Parties, no slogan or other advertising devise, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by any Facility Party infringes upon any rights held by any other Person.

  • The Facility Parties shall, no later than 20 days following demand, reimburse any Indemnitee for any Indemnified Liability referred to above or, upon request from any Indemnitee, shall pay such amounts directly.

  • Each Pension Plan that is intended to qualify under Section 401(a) of the Code has received a favorable determination letter from the IRS or an application for such a letter is currently being processed by the IRS with respect thereto and, to the best knowledge of the Facility Parties, nothing has occurred which would prevent, or cause the loss of such qualification.

  • Each Lender agrees that no Secured Facility Party (other than the Administrative Agent) shall have the right individually to seek to realize upon the security granted by any Security Document, it being understood and agreed that such rights and remedies may be exercised solely by the Administrative Agent for the benefit of the Secured Facility Parties upon the terms of the Security Documents.


More Definitions of Facility Parties

Facility Parties means both of the foregoing. 747656567 17557858 29 Fifth Amended and Restated Warehouse Loan Agreement
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Facility Parties means both of the foregoing. “Failed Lender” has the meaning set forth in Section 2.03(e). “Failed Loan” has the meaning set forth in Section 2.03(e). “Failed Loan Amount” has the meaning set forth in Section 2.03(e).
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Facility Parties. Facility Permitted Lien," "Notice of Default," "Obligations," "Revolving Credit Agreement," "Secured Party Documents" and "Term Loan Agreement," each of which was previously defined, the previous definitions of such terms are deleted):
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Facility Parties means the Term Loan Agent on behalf of the Term Loan Banks, and each of the Term Loan Banks, and the Revolving Credit Agent on behalf of the Revolving Credit Banks, and each of the Revolving Credit Banks.
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Facility Parties where used in this Security Agreement shall include, without limitation, any holder of a promissory note, or assignee of an interest therein, originally issued to a Facility Party under the Credit Agreements, and each such holder of a promissory note, or assignee of an interest therein, shall be bound by and have the benefits of this Security Agreement to the same extent as if such holder had been a signatory hereto.
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Related to Facility Parties

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Original Lenders shall have the meaning assigned to such term in the recitals.

  • Facility Documents means this Agreement, the Notes, the Account Control Agreement, the Sale Agreement, the Administrative Agent Fee Letter, the Lender Fee Letter, the Collateral Administration and Agency Fee Letter and any other security agreements and other instruments entered into or delivered by or on behalf of the Borrower in favor of the Collateral Agent, the Administrative Agent or any Lender from time to time pursuant to this Agreement.

  • Facility means the entire operation located on the property where the Equipment is located;

  • Facility Agreement means an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Banks, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 11.5., any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.