Former Lenders definition

Former Lenders. FNBM, Harrowston and Wolfxxx;
Former Lenders. Harrowston and Wolfxxx;
Former Lenders has the meaning specified therefor in the recitals to this Agreement.

Examples of Former Lenders in a sentence

  • Each Company, the Administrative Agent and each Lender party hereto acknowledges and agrees to the repayment in full on the Effective Date of the principal and interest outstanding under the Credit Agreement owing to the Former Lenders.

  • Each of Borrower, Guarantor and CapitalSource hereby certifies to Column that all of the obligations of Borrower with respect to the Prepaid Notes have been satisfied in full and that the Former Lenders have no further rights under the Loan Agreement or the Loan Documents.

  • Parent, Bank of America, N.A., as Agent (the "Former Agent") and the "Former Lenders" (as hereinafter defined) entered into that certain Credit Agreement dated as of June 30, 1998, by and among Parent, the Former Agent, and each of the lenders (collectively the "Former Lenders") party thereto (together with all amendments or modifications thereof and supplements thereto the "Existing Credit Agreement").

  • The Existing Revolving Credit Loans (other than those owing to the Former Lenders) shall be deemed for all purposes, to constitute Revolving Credit Loans hereunder.

  • No payment has been or will be made to the Former Lenders who have sold their debt to WPP in respect of their entitlement to make-whole and certain other payments which in aggregate total approximately (pound)20 million.

  • Pursuant to the terms of the Loan Agreement, Borrower, upon ten days prior notice to Agent, prepaid a portion of the Debt, consisting of the outstanding principal amount (together with all interest due thereon) of those certain Promissory Notes made by Borrower in favor of each of the Former Lenders (the "Prepaid Notes") which, together with the outstanding Promissory Note made by Borrower in favor of CapitalSource, comprised the defined term "Note".

  • The parties hereto have agreed to amend the Loan Agreement to, inter alia, (a) clarify that the Restated Note hereafter constitutes the "Note" as defined therein, (b) remove references to the Former Lenders and (c) reduce the interest rate payable thereunder.

  • Evidence that (i) the outstanding principal amount of each Loan (as defined in the Existing Credit Agreement) held by the Former Lenders, together with accrued interest thereon and all other amounts owing by the Company to the Former Lenders under the Existing Credit Agreement shall have been paid in full and (ii) each of the Former Lenders shall have consented to its no longer being a party to this Agreement.

  • In order to reduce its liability under its Guaranty of the Debt, Guarantor has tendered to Former Lenders an amount equal to the outstanding obligations of Borrower with respect to that portion of the Debt held by the Former Lenders and evidenced by Promissory Note B-2 and Promissory Note B-3 (hereafter, the "PREPAID NOTES").

  • The Parties agree that the so-called corporate licenses “Xxxxxx & Khalix” are not part of the Assets (and Information Technology and Systems) being transferred to the Purchaser by virtue of this Agreement.


More Definitions of Former Lenders

Former Lenders means the lenders party to the Existing Credit --------------- Agreement.
Former Lenders means The Boatmen's National Bank of St. Louis, National Bank of Canada and McDonnell Douglas Finance Corporation.

Related to Former Lenders

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • Prior Lenders means, collectively, the lenders party to the Prior Credit Agreement.

  • Existing Lenders has the meaning specified in the recitals hereto.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • DIP Lender means a lender under the DIP Facility.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Non-BA Lender means any Lender which is not a BA Lender.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Subordinated Lenders means each and every Person to whom any of the Subordinated Indebtedness are owed.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Bank, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 12.7, any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • U.S. Lenders means the Lenders having U.S. Commitments or outstanding U.S. Loans.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Prepetition Lenders means the lenders under the Prepetition Credit Agreement.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Canadian Lenders means the Persons (or an Affiliate or branch of any such Person that is acting on behalf of such Person, in which case the term “Canadian Lenders” shall include any such Affiliate or branch with respect to the Canadian Loans made by such Affiliate or branch) having a Canadian Commitment and any other Person that shall acquire a Canadian Commitment, other than any such Person that ceases to be a Canadian Lender pursuant to an Assignment and Assumption.

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

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • Terminated Lender as defined in Section 2.22.

  • Other Lender has the meaning ascribed to it in Section 8.5(d).