Financing Lenders definition
Examples of Financing Lenders in a sentence
Landlord's Financing Lender shall not be or become liable to Tenant as an assignee of Landlord's interest in this Lease until such time as such Landlord's Financing Lender, by foreclosure or other procedures, shall either acquire the rights and interests of Landlord under this Lease, and upon Landlord's Financing Lender's assigning such rights and interests to another party, Landlord's Financing Lender shall have no further such liability.
None of the Collateral Agent, the Trustee or the Noteholders will be responsible for the condition of any of the PP&E Collateral, and shall have no duty to the Financing Agent or the Financing Lenders with respect to the adequacy of the PP&E Collateral for the purposes of the Financing Lenders or otherwise.
The occurrence of a Waiver Termination Event shall cause the waiver granted under Section 1(a) of this Agreement to immediately and automatically terminate and shall constitute an Event of Default under the Bridge Financing Agreement and entitle the Bridge Financing Lenders to exercise all of the rights and remedies exercisable upon an Event of Default pursuant to the Bridge Financing Agreement, unless the Event of Default waived hereunder shall have been cured or shall otherwise no longer be continuing.
In furtherance of the foregoing and notwithstanding the occurrence of the Waiver Effective Date, the Company agrees that, subject to the agreement of the Waiver Lenders to waive the Default and Event of Default under the Loan Documents, as and to the extent expressly set forth in this Agreement, all rights and remedies of the Bridge Financing Lenders under the Loan Documents with respect to the Company shall continue to be available to the Bridge Financing Lenders from and after the Waiver Effective Date.
The Company ratifies and reaffirms the validity and enforceability (without defense, counterclaim or offset of any kind) of the Liens and other security interests granted to secure any of the Loans to and for the benefit of the Bridge Financing Lenders, pursuant to the Loan Documents, subject in all respects to the Intercreditor Agreement.
The Company acknowledges and agrees that it is truly and justly indebted to the Bridge Financing Lenders for the payment of the principal, interest and other amounts payable by the Company under the Loan Documents, without defense, counterclaim or offset of any kind, and the Company ratifies and reaffirms the validity, enforceability and binding nature of such indebtedness.
Except as provided in Article XI, nothing in this Agreement shall confer any rights upon any Person other than the Parties hereto and their respective heirs, successors and permitted assigns; except that the Financing Lenders shall be third party beneficiaries of the provisions of Article X, Section 12.5 and Section 12.11 and this Section 12.4 applicable to such Persons.
Without limiting the generality of the foregoing, the Landlord Financing Lenders shall have no obligation to segregate, hold in trust or pay over to any party hereunder, any Landlord Financing Collateral or any proceeds thereof.
The (i) HVF Trustee, HVF II Trustee, the HVF II Lenders, and (ii) to the extent applicable, the HVIF Trustee, and the Interim Fleet Financing Lenders, shall take all actions to effectuate and confirm such termination, release and discharge as reasonably requested by HVF, HVF II, HVIF, the Debtors or the Reorganized Debtors.
The Purchaser acknowledges that the Shared Security shall be limited to security granted to the Purchaser pursuant to the Transaction Documents or in accordance herewith and under no circumstances shall the Purchaser be entitled to any additional security, whether or not granted to the Third-Party Financing Lenders.