First Lien Term Lenders definition

First Lien Term Lenders means the “Term Lenders” as defined in the First Lien Credit Agreement.
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First Lien Term Lenders means those Term Lenders (as defined in the Credit Agreement) party to the Credit Agreement.
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First Lien Term Lenders means those lenders party to the First Lien Term Credit Agreement from time to time.
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Examples of First Lien Term Lenders in a sentence

  • The Incremental Term Facility Maturity Date for the Extended FL Term Loans shall be October 10, 2016, and on such date the Borrower shall repay to the Administrative Agent for the ratable account of the Extended First Lien Term Lenders the aggregate principal amount of all Extended FL Term Loans then outstanding.

  • Each Borrower and each Guarantor hereby acknowledges that it has received a copy of this Agreement and consents thereto, agrees to recognize all rights granted thereby to the ABL Agent, the ABL Lenders, the First Lien Term Agent, the First Lien Term Lenders, the First Lien Notes Agent, the First Lien Notes Secured Parties, and the Future Term Loan/Notes Indebtedness Secured Parties, and will not do any act or perform any obligation which is not in accordance with the agreements set forth in this Agreement.

  • On or immediately prior to the Effective Date, the New Organizational Documents shall be amended in a manner acceptable to the Debtors and the Required Consenting First Lien Term Lenders, as may be necessary to effectuate the transactions contemplated by the Plan.

  • Each scheduled payment by the Borrower on account of principal of or interest on New First Lien Term Loans shall be made pro rata according to the respective outstanding principal amounts of the New First Lien Term Loans then held by the New First Lien Term Lenders.

  • The First Lien Term Lenders Liquidating Trustee shall be responsible for administering the First Lien Term Lenders Liquidating Trust and liquidating the Debtors’ Other Assets and distributing Cash in accordance with this Plan and resolving all Claims other than General Unsecured Claims.

  • The Administrative Agent shall notify the Lenders promptly upon receipt of the Borrower's notice of the First Lien Term Loan Increased Amount Date and in respect thereof the New First Lien Term Commitments and the New First Lien Term Lenders.

  • Respondents are hereby advised that Respondents which have their United States headquarters in a state on the Covered State List, as that term is defined in Administrative Code Section 12X.3, or where any or all of the work on the contract will be performed in a state on the Covered State List may not enter into contracts with the City.

  • Each payment (other than prepayments) in respect of principal or interest in respect of the First Lien Term Loans or New Term Loans and each payment in respect of fees payable hereunder shall be applied to the amounts of such obligations owing to the First Lien Term Lenders or New Term Lenders, as applicable, pro rata according to the respective amounts then due and owing to such Lenders, other than payments pursuant to Section 2.11(b) or 2.24.

  • The members of the First Lien Term Lenders Liquidating Trust Oversight Board shall not receive compensation, but shall be reimbursed for their reasonable and necessary expenses by the First Lien Term Lenders Liquidating Trustee.

  • The First Lien Term Lenders Liquidating Trust Oversight Board shall be comprised of [5] members consisting of representatives of the Prepetition First Lien Term Lenders chosen pursuant to the terms of the First Lien Term Lenders Liquidating Trust Agreement.


More Definitions of First Lien Term Lenders

First Lien Term Lenders means those banks, financial institutions, and other lenders party to the First Lien Credit Agreement from time to time.
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First Lien Term Lenders means collectively, Lenders with respect to the Term B Loans and Incremental Term Lenders with respect to Loans secured on a pari passu basis with the Term B Loans.
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First Lien Term Lenders shall have the meaning assigned to that term in the introduction to this Agreement and shall include all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Lender” under any First Lien Term Credit Agreement.
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Related to First Lien Term Lenders

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Term Lenders means those Lenders having Term Loan Commitments.

  • First Lien Credit Agreement means the Credit Agreement, dated as of the Closing Date, among Holdings, the Borrower, the guarantors party thereto, the lenders party thereto, the other parties from time to time party thereto, and the First Lien Administrative Agent.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Majority Term Lenders at any time, (a) if only one Term Lender holds the Term Loan, such Term Lender; and (b) if more than one Term Lender holds the Term Loan, at least two Term Lenders who hold more than 50% of the principal sum of all Term Loans outstanding; provided that the portion of the Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Term Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Second Lien Credit Agreement means that certain Second Lien Credit Agreement, dated as of December 30, 2020, among Vine Energy Holdings LLC, as borrower, the lenders from time to time party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc. as Administrative Agent (as defined therein) and Collateral Agent (as defined therein), as further amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time

  • Majority Revolving Credit Lenders means Lenders having more than 50% of the sum of all Revolving Credit Loans outstanding, LC Exposure and unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the aggregate outstanding amount of all Revolving Credit Loans and LC Exposure, held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Credit Lenders.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Additional First Lien Obligations means all amounts owing to any Additional First-Lien Secured Party (including the Initial Additional First-Lien Secured Parties) pursuant to the terms of any Additional First-Lien Document (including the Initial Additional First-Lien Documents), including, without limitation, all amounts in respect of any principal, premium, interest (including any interest accruing subsequent to the commencement of a Bankruptcy Case at the rate provided for in the respective Additional First-Lien Document, whether or not such interest is an allowed claim under any such proceeding or under applicable state, federal or foreign law), penalties, fees, expenses, indemnifications, reimbursements, damages and other liabilities, and guarantees of the foregoing amounts.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.