First Out Holder definition

First Out Holder means any First Out Lender or other Person (including the Administrative Agent) to which any First Out Obligations are owing.
Sample 1Sample 2
First Out Holder means, as of any date of determination, any holder of the First Out Obligations at that time, including (a) Agent (to the extent any Obligations owing to Agent are First Out Obligations), (b) each Lender holding First Out Obligations, (c) each Issuer with respect to First Out Obligations consisting of Letter of Credit Obligations, and (d) each Person with respect to First Out Obligations consisting of any Bank Product.
Sample 1
First Out Holder means any Tranche A Holder to which any First Out Obligations are owing.
Sample 1

Examples of First Out Holder in a sentence

  • There is a positive benefit because a burst is transmitted faster or negative impact when a particular HTTP response takes longer to complete due to the additional time for loss and recovery.

  • See Moosavi and Strube (2016) for a detailed discussion.Michigan was sentenced to 28 years in prison .

  • Agent may, in its discretion, offer to assign to one or more of the other First Out Holders any such portion of any Last Out Offered Interest as it may elect, and upon the written acceptance of such offer, each such First Out Holder shall be entitled to become a Transferee Lender with respect to such Offered Interest in accordance with the applicable share allocated by Agent to such Transferor Lender.

  • With respect to any payments or distributions in cash, property, or other assets that any Last Out Holder pays over to Agent or any other First Out Holder under the terms of this Exhibit IC-1, such Last Out Holder will be subrogated to the rights of First Out Holders.

  • Any Distributions received by any Last Out Holder as a result of the collusion by any Last Out Holder with any Loan Party in violation of the rights of any First Out Holder (within the meaning of section 9-332 of the Uniform Commercial Code) must be segregated and held in trust and forthwith paid over to Agent for application in accordance with Section 2.4(b) of the Credit Agreement, in the same form as received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct.

  • With the roll out of this scheme, almost 27 lakh school going children will be coverd under universal free health facility.

  • Each First Out Holder expressly reserves the right to object to, and direct the Agent to object to, any DIP Financing offered by a Last Out Holder of the type prohibited in this Section 5(b)(iii).

  • The RA understands the supervisor of their area will provide the RA with residence hall-specific expectations during each semester with which compliance is required.

  • In the event all First Out Holders are Electing First Out Holders with respect to the First Out Offered Interest, each such Electing First Out Holder shall be entitled to purchase an amount of the Last Out Offered Interest equal to the product of (A) the amount of the outstanding First Out Offered Interest and (B) such Electing First Out Holder’s First Out Pro Rata Share.

  • Subject to clause (iii), nothing contained in sub-clause (i) will be deemed to limit (1) any First Out Holder from seeking to provide DIP Financing on terms that do not satisfy the DIP Financing Conditions (a “Non-Conforming DIP”) or (2) the rights of Required First Out Holders to direct Agent to object to, or the rights of Required Last Out Holders to direct Last Out Representative to object to, any Non-Conforming DIP when offered.


More Definitions of First Out Holder

First Out Holder means any First Out Lender or other Person (including the Administrative Agent) to which any First Out Obligations are owing. “First Out Lender” means any Lender to which any First Out Term Loan is owing.
Sample 1
First Out Holder means each First-Out Lender and each First-Out Hedging Counterparty.
Sample 1

Related to First Out Holder

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Founder means, in respect of an issuer, a person who,

  • Ticket Holder means any individual possessing, holding or using a Ticket, including (without limitation) the Ticket Purchaser or any person to whom the Ticket was issued or transferred;

  • Major Holder means with respect to any registration the Holder that, together with its Affiliates, includes the largest number of Registrable Securities in such registration.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Rights Holder means the holder of the Call Rights.

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • Initial Holder has the meaning set forth in the preamble.

  • right holder means a person or a legal entity that was previously granted or lawfully acquired a fishing right or which will be granted a right in the allocation process envisaged in this Policy.

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Equity Holder means any Person that owns the Equity Interests in any Practice that is a party to any Management Agreement.

  • Management Holder means Holders who are employed by, or serve as consultants to or directors of, the Company or any of its Subsidiaries.

  • Agreement holder means an entity that has executed an agree- ment with a district.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Class A Shareholder means a holder of Class A Shares;

  • Masterworks Investor refers to an affiliate of Masterworks that has raised capital from unaffiliated third party investors to invest the proceeds in a diversified collection of artwork and which acquires Class A Ordinary Shares as part of such investment strategy.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • Octopus Holder means a user of an Octopus who may be an AAVS Account Holder or who has linked his/her Octopus to an AAVS Account in the name of one of his/her family members or friends;